Financial Services & Insolvency Communiqué

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June 27, 2016

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Receiver v. Lessor: Who Gets the Equipment? Limitations on Property Under a Receiver’s Control

Gordon G. Plottel

Court appointed receivers commonly assume control over all of a debtor’s property.  In assuming that control, the receiver may collect various pieces of the debtor’s leased equipment, and include that equipment in a sale of the debtor’s assets.  Further, the...

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