Commercial Real Estate Receiverships — An Alternative to Foreclosure? (Online Seminar)

MCLE Credits: 1.5
Ethics Credits Included: 0.0

MCLE Credit: 1.5 (Ethics: 0.0)
Live-Interactive Credit: 0.0
Price: $110 (Includes a downloadable audio version.)
Viewable Through: 1/31/2018


A pre-recorded streaming VIDEO replay of the February 2015 webcast, Commercial Real Estate Receiverships — An Alternative to Foreclosure?.

Topics covered include:

  • The history of the use of real estate receiverships
  • Ex parte v. Notice
  • The receiver’s duties/and the costs of having one
  • The secured lenders function
  • The mechanics of the sale process

Commercial property loan defaults are still a reality in today’s economy, and some attorneys have become exceptionally creative in the ways that they continue to serve their clients. These lawyers work with lenders to sell distressed properties through a receiver, thereby avoiding other remedies such as workouts, deeds in lieu, and foreclosures. By using a receiver to take control of the property and sell it with final court approval, lenders protect the property’s value and income generation, while also saving significant time and expense.

During this interactive program, experienced practitioners Dennis Lewandowski and Paul Campsen will explain the mechanics of a secured lender establishing a state court receivership for various types of commercial real estate, and will explore various creative uses of a receivership to operate, manage, and even sell commercial real estate as a possible supplement and even an alternative to foreclosure.




Paul K. Campsen, Kaufman & Canoles / Norfolk
Paul Campsen is a member in the firm's Norfolk office and is the co-chair of the Bankruptcy, Creditors’ Rights and Business Restructuring Practice Group. He specializes in helping secured and unsecured creditors examine options to recover debt, including bankruptcy, loan workouts, and foreclosures. He represents several local, regional, and national banks, as well as non-bank lenders in complex transactions. Mr. Campsen also represents debtors, giving him insight from both sides of the issues.

Dennis T. Lewandowski, Kaufman & Canoles / Norfolk
Dennis Lewandowski is co-chair of the firm’s Bankruptcy, Creditors’ Rights and Business Restructuring Practice Group. His litigation practice involves general bankruptcy representation, including preference defense and dischargeability litigation, commercial debtor representation, creditors’ rights matters, including commercial collections, mechanics’ liens, attachments, and fraudulent conveyance litigation.

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