Receiverships instead of bankruptcy, a new concept!!!
Google, Bell Receivers, LLC, and it will drive you to numerous news sites about a recent project, our firm, Bell Receivers, LLC worked on. The uniqueness of the project was an attempt by a lender and a company to use the concept of a receivership, to operate and manage a troubled company, take the company thru an attempted liquidation of its assets and liabilities, outside the context of a bankruptcy filing. Receiverships usually involve real estate property liquidations and operations, this receivership broke new ground in what receiverships may be able to do, in handling workouts, liquidations or restructurings, outside the context of a bankruptcy filing, in the future. For more information contact Richard or Jeff at Bell Receivers, 501-753-9700.
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