Commerical Receivers Association
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Page 4 of 10

The Divergent Paths of Bankruptcy and Receivership


By: Al Davis | Principal | Revitalization Partners Recently, our firm was approached by a potential client that wanted assistance in closing down their business. The principal, being more of an artist than a businessperson, had turned over the management of the business to individuals recommended by “friends” who had made very questionable decisions and...

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February 5, 2024

Resolute Case Study: Closing an $18M Property Sale with Full Senior Lender Debt Payoff


Closing an $18M Property Sale with Full Senior Lender Debt Payoff This case study highlights Resolute’s role as Receiver for a residential healthcare facility located in north Phoenix, Arizona. Situation The 76,962 square-foot, 4-story commercial structure faced significant financial and operational challenges: Low Occupancy: The healthcare facility never reached full capacity, resulting in a significant...

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January 30, 2024

2023 CRA Annual Report


Take a look at CRA’s review of 2023 and a touch of what’s to come in 2024. Download the Report

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January 23, 2024

The Commercial Receivers Association Begins 2024 with the Announcement of Two New State Directors


(ST. LOUIS, MO) January 1, 2024 – The Commercial Receivers Association continues to grow with the announcement of two new state directors in Colorado and Texas.  The CRA is a national membership organization focused on empowering the education and standardization of Commercial Receivership Administration. CRA is proud to continue the strong momentum with the appointments...

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January 10, 2024

After a year of Record Growth, the Commercial Receivers Association Closes out 2023 with the Appointment of Frank R. Simon as the new State Director of Michigan


(ST. LOUIS, MO) December 05, 2023 – After a year of record growth, the Commercial Receivers Association (CRA) closes out 2023 with the selection of Frank R. Simon (“Simon”) as its new State Director for Michigan.  The CRA is a national membership organization focused on empowering the education and standardization of Commercial Receivership Administration. CRA...

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December 5, 2023

Selling Assets in Court-Ordered Receiverships: Where Art Meets Science


By: Bill Lawrence | Revitalization Partners Determining the fair market value of assets for a company that is operating as a going concern requires a substantial effort to ensure that a receiver is maximizing the value of assets on behalf of the company’s creditors.  For example, under the Washington State Receivership Act, the receiver is...

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November 14, 2023

Resolving Partnership Disputes: The Role of Receiverships


Author: ChatGPT Date: October 11, 2023 Partnerships form the backbone of countless businesses worldwide, pooling resources, talents, and expertise to achieve common goals. However, disagreements and conflicts can arise, potentially jeopardizing the stability and success of the enterprise. When such disputes reach an impasse, one avenue to consider is the appointment of a receiver. Understanding...

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October 11, 2023

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