
GlassRatner and our team members are regularly employed as a court appointed Receiver, Trustee or Liquidating Agent. We approach these matters with the overriding goal to maximize the return on the debtor’s or estate's assets and business interests in an independent fashion. The specific tasks included in these assignments include assessing the value of assets, developing reorganization and liquidation plans, winding down business activity, investigating the actions of prior management, and pursuing litigation, causes of action and other recovery activities to maximize the estate of the debtor.
GlassRatner has developed a successful track record acting as Receiver for difficult or distressed real estate projects including multi-family communities ranging from 100 to 1000 units, extended stay motels, mobile home communities, and various incomplete and under construction real estate development ventures. To learn more about this segment of our practice please visit Specialty Real Estate Services
In addition to being directly court appointed, the firm is often retained by a court appointed Trustee for specific tasks such as liquidating real estate holdings and providing forensic accounting or litigation support services.
Our team members have extensive experience in the Trustee and Receiver role and approach these situations based on practical experience, skill and absolute integrity.