Posted in: BARG Receivership Law Updates

RECEIVERSHIP AS A REMEDY ADDRESS ECONOMICALLY DISTRESSED PROPERTIES

If a property is underwater and/or in a blighted condition with numerous lienholders that are 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

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Posted in: Corporate Receiverships, Court Appointed Receiver, Criminal Receiverships, Health and Safety Receiverships, Post-Judgment Receiverships, Rents and Profits Receiverships, Trust and Estates Receiverships

What is a Court Appointed Receiver?

When people hear the term receiver they may think of NFL Hall of Famer Jerry Rice, but a Court-Appointed Receiver is a whole other ball game. The use of Court-Appointed Receivers began in the Old English Chancery Courts and were often used to take control of an estate that did not have an heir. For example, in the 1500s when a King

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Posted in: BARG News, Health and Safety Receiverships

Ryan Griffith’s Zombie Foreclosure Article Published by the California Daily Journal

Ryan Griffith Attorney & Associate Receiver at Bay Area Receivership Group had his article on Zombie Foreclosure and how to address it published by the California Daily Journal on April 29, 2020. The article explains how banks can take control of dangerous properties and prevent them from getting to a point that the appointment of a Health and Safety Receiver by a City or County is necessary. The article can be read here.

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Posted in: BARG News, Health and Safety Receiverships

Bay Area Receivership Group Appointed on Emergency Order over Fire Damaged Property in Fresno

On April 21, 2020, the City of Fresno moved ex-parte to appoint Bay Area Receivership Group over 1630 S. Third Street in Fresno, California in Fresno County Case #20CECG00407 . The Property has been the site of several recent fires and an ex-parte was necessary due to COVID. Now that Bay Area Receivership Group has been appointed it will take immediate action to

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Posted in: BARG News, Trust and Estates Receiverships

Ryan Griffith Presents to County Counsel Association and How Public Administrators Can Use the Receivership Remedy

On March 5, 2020 Ryan Griffith presented to the County Counsel Association in San Diego at the WestGate Hotel regarding Receiverships. The presentation brought up very interesting points related to how Receiverships and Conservatorships can work together. It also brought up some complex legal issues that Bay Area Receivership Group’s legal team is researching.

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Posted in: BARG News, Health and Safety Receiverships

Bay Area Receivership Group’s Amicus Brief Supporting Receiver’s Lien Priority Accepted by the First Appellate District Court of California

On March 2, 2020 the First Appellate District of California Accepted Bay Area Receivership Group’s Amicus Brief , which argues for Receiver’s to obtain super-priority and strip liens. Bay Area Receivership Group and it’s counsel Ryan Griffith look forward to the First District’s decision in this case.

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Posted in: BARG News, Health and Safety Receiverships

Bay Area Receivership Group Appointed over two nuisance Properties in Fresno

On January 14, 2020, the Fresno County Superior Court appointed Gerard Keena as a Receiver over two Properties 136 W. El Dorado Street, Fresno, CA 93706 and 430 S. Thorne Avenue, Fresno, CA 93706. Both properties have been vacant for years, which has lead to substantial deterioration. Now that Gerard Keena has been appointed as Receiver by the Fresno County Superior Court,

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Posted in: BARG News, Health and Safety Receiverships

BAY AREA RECEIVERSHIP GROUP APPOINTED OVER MULTI-MILLION DOLLAR ABANDONED PROJECT BY THE CITY OF HAYWARD

On December 12, 2019, the City of Hayward filed an ex-parte application to appoint Gerard F. Keena II from Bay Area Receivership Group as Receiver over the Property commonly known as 22330 Main Street in Hayward, California, which created Alameda County Case #HG19046792. The Property is the former site of a college, a hospital, and several office buildings, which have been abandoned

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