In an ideal situation a bankruptcy should provide some form of relief to a business, however the time and expense bankruptcy proceedings can hinder potential recovery. A bankruptcy receivership can create a better environment for problem resolution and preserve the integrity of the business’ current offerings.
Long before the current economic landscape made court-appointed neutrals so common, Gordon Silver established itself as an authority in the area of court-appointed receivers and custodians. The Gordon Silver Receivership Group regularly seeks appointment of receivers in connection with representation of both institutional and private clients. We also act as counsel for receivers and business custodians.
The Gordon Silver Receivership Practice Group provides strategic guidance and support under receivership law and practice. Gordon Silver Receivership attorneys are committed to the competent control and management of assets and can skillfully handle accounting, asset management, valuation and liquidation.
By virtue of our extensive experience, we have developed a perspective grounded in careful evaluation of costs and benefits associated with receivership paired with the efficient protection of our clients' assets and interests.