Receivership is and continues to be a viable option for creditors to reclaim their interest in financially distressed companies.
Creating the CRA was in part informed by the effort to adopt uniform receivership laws to allow for a consistent source of information about the movement in this space throughout the country. Members will now have one place that will provide current information on the law and on opportunities to participate in receiverships.
The CRA mission is to support its members and help improve the use of commercial receiverships nationally and in each state in which we operate. CRA members have access to listing in the DailyDAC State Court Receivership directory. If you’re looking for a CRA professional to support your receivership this is a great place to access professionals across the country.
For information on regulatory receivership proceedings and federal equity receiverships (receiverships initiated by state regulatory and law enforcement officials), please visit the National Association of Federal Equity Receiverships (NAFER) at this link: www.nafer.org