Overview

Receivership and estate proceedings arise when courts appoint fiduciaries to preserve, manage, and distribute assets on behalf of victims, creditors, or beneficiaries — whether in federal enforcement actions brought by the SEC or FTC, in state court probate proceedings, or in private insolvency matters. These appointments carry unique legal and practical responsibilities: the receiver or administrator operates under direct court supervision, owes duties to multiple constituencies, and must make decisions with significant legal and financial consequences under compressed timelines.

The practice encompasses court-appointed receiverships in SEC and FTC enforcement actions, estate receiverships involving high-value real estate and business holdings, and related asset-recovery and distribution proceedings — each requiring counsel who can navigate both the fiduciary obligations and the advocacy dimensions of these complex proceedings.