SFGH partner Jonathan P. Friedland to speak at West LegalEdcenter webinar entitled "Federal Equity Receiverships – 101"
SFGH is pleased to announce that Jonathan P. Friedland will speak at an upcoming West LegalEdcenter/Financial Poise webinar entitled "Federal Equity Receiverships – 101." The webinar will take place on October 4, 2018 at 2:00 p.m.
A receivership is a legal tool available to a secured party and to certain government agencies. The use of receiverships is on the rise because it can offer the fastest and most cost-effective method of gaining control over a borrower’s collateral upon default or another party’s property in the case of wrongdoing. It is important to recognize that these two separate purposes really divide receiverships into two fundamentally different types: first, state court receiverships commenced in connection with real estate foreclosure actions; second, regulatory/equity receiverships requested by state and federal agencies, such as the SEC and FDIC.This webinar discusses both types of receiverships, explains how they are commenced, how receivers are appointed, the powers of receivers, and a host of other details about this increasingly popular tool.