Posted in: BARG News

GERARD KEENA APPOINTED AS RECEIVER OVER NUISANCE PROPERTY IN SONOMA COUNTY

The Sonoma County Counsel’s Office successfully appointed Gerard Keena as a receiver over a nuisance Property in Sonoma County, in Sonoma County Case #SCV-264342 on July 30, 2020. The Property at 18450 1st Street, Sonoma, California 94576 has been a longstanding nuisance for years. Gerard Keena and his team at Bay Area Receivership Group are now looking forward to abating the nuisances presented by the Property to bring

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Posted in: BARG News

BARG Attorney Ryan Griffith to Present on Health and Safety Receiverships for the California Lawyer’s Association Public Law Section

BARG Attorney Ryan Griffith has been invited by the California Lawyer’s Association Public Law Section to speak about Health and Safety Receiverships. The course will take place online on September 9, 2020 from 10:30 a.m. to 11:30 a.m. and you can register here . The course provides one CLE credit for practicing attorneys, but is open to anyone interested in watching the course.

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Posted in: BARG News

Gerard Keena Appointed as Receiver to Abate Nuisance Property in Vallejo

On August 7, 2020 The Vallejo City Attorney’s Attorney successfully appointed Gerard F. Keena appointed over a nuisance property located at 2618 Redwood Street, Vallejo, California in Solano County Case # FCS054747. The City of Vallejo tried diligently to abate the nuisances at the Property. However, the owner passed away several months ago without a will or trust. Furthermore, none of his

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Posted in: BARG News

Gerard F. Keena II and Bay Area Receivership Group appointed over twenty-two properties owned by notorious slumlords Kiran Rawat and Raj Singh

On August 6, 2020 the Sacramento District Attorney’s Office successfully petitioned the Sacramento County Superior Court to appoint Gerard F. Keena II and Bay Area Receivership Group over twenty-two properties owned by notorious slumlords Kiran Rawat and Raj Singh. Bay Area Receivership Group had previously been appointed over a nuisance property owned by these two individuals by the Elk Grove City Attorney’s

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Posted in: Resource Articles

California Non-Judicial Foreclosure Step by Step Process

CALIFORNIA NON-JUDICIAL FORECLOSURE STEP BY STEP PROCESS Introduction: California foreclosure laws are unique for a variety of reasons, the first being that a lender can conduct either a judicial or non-judicial foreclosure sale, however in practice, almost all lenders use the non-judicial foreclosure process. This article will explain the step by step process a lender must take to properly foreclose on a

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Posted in: BARG News

BARG Attorney Ryan Griffith Appointed to Executive Committee of California Lawyers Association Public Law Section

Attorney Ryan Griffith has been appointed to the California Lawyers Association Public Law Executive Committee. In this position he will collaborate with the California Bar and other Public Law Attorneys to address important public law issues. Bay Area Receivership Group knows Ryan will do an outstanding job for the Executive Committee. Appointment Letter

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Posted in: Bi-Weekly Receivership Education, Distressed Asset Receiverships

RECEIVERSHIP AS A REMEDY TO ADDRESS ECONOMICALLY DISTRESSED PROPERTIES

If a property is underwater and/or in a blighted condition with numerous are lienholders hesitant to foreclose? The answer is often receivership. If a property is underwater, but some equity exists a receiver can be appointed to take control of the property and eventually sell the property pursuant to California Code of Civil Procedure (“CCP”) § 568.5. The receivership sale must be

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Posted in: Bi-Weekly Receivership Education, Construction Project Receiverships

Using Receiverships to Revitalize Abandoned Construction Projects

What happens when a construction project runs out of money and the half finished skyscraper, mall, or hotel sits vacant for years?  There are two things that can happen; (1)  while everyone waits until the developer finds funds, which is unlikely; or, (2) a more practical solution is that a developer or other party with a recorded interest can seek the appointment

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Posted in: Bi-Weekly Receivership Education, Lien Stripping

LIEN STRIPPING WHY DOES IT OCCUR AND HOW DOES IT WORK?

Few people are familiar with the term lien stripping. Therefore, an example to illustrate when lien stripping would be used seems the most appropriate way to introduce the process. As an example, if in 2010 a set of parents drafted a granting $1,000,000 to their four children upon their deaths each child would be entitled to $250,000. However, what if when the

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Posted in: Bi-Weekly Receivership Education, Environmental Receiverships

Using Receiverships to Help a Lender on a Distressed Environmental Asset Avoid Liability

Secured lenders are hesitant to foreclose when environmental problems exist, based on concerns about CEQA, CERCLA, or other environmental issues, because they may be deemed an owner or operator. However, lenders can avoid these concerns by seeking the appointment of a receiver for the distressed property. California Civil Procedure (“CCP”) § 2929.5 & 564(c) authorizes lenders to inspect property to assess the

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