A Receiver is a person appointed by the court in a litigation case who is usually charged with taking control of a particular asset and then carrying out the court’s orders with regard to that asset. For example, if the court orders a piece of real estate sold, and, the court is not confident that the party who owns the real estate will actually comply with the court order, then, a judge may empower a receiver to take control and sell the real property.
In California Receiver’s are considered a more extreme remedy from the court, and, are only used if the more traditional methods such as a levy or writ of execution are ineffective. This means that it can sometimes be quiet challenging to get a judge to agree that a receiver is needed in a case. Usually Receivers are only appointed in particular kinds of cases such as:
- Interim Corporate Management;
- Issues with Real Property such as Rents, Profits, and Sales;
- Actualizing the terms of a judgment for Marital Dissolution;
- Undoing Fraudulent Transfers;
However, if a receiver is appointed then it will usually significantly reduce the amount of time and money spent in enforcing an order or judgment. This is because a getting a receiver appointed basically substitutes in the receiver for the hostile party to the litigation, and so, greatly reduces the logistics in getting compliance with the court order or judgment.
The San Francisco based lawyers of Jones & Devoy have experience appointing receivers and can help you with you divorce, real property division, or corporate dispute to determine if this is a good option for you case. Our attorneys practice throughout the San Francisco Bay Area including: San Francisco, Oakland, Marin, San Mateo and San Jose.