Lathrop GPM Partner Emily Cantwell was recently quoted in an article by the DailyDAC that explores the legal and strategic considerations involved in initiating a state court commercial receivership as an alternative to bankruptcy.
Cantwell emphasized the importance of conducting a thorough pre-filing analysis, advising that creditors should carefully assess the nature of the dispute, the parties involved, the asset profile, and the applicable legal framework before proceeding. Her insights help illuminate the complexities of receivership and underscore the value of strategic planning in distressed business scenarios.
Read the full article here: Commencing a State Court Commercial Receivership: A Comprehensive Guide