We draft and approve appointment documentation and liaise with both the appointing bank and receivers to effect a valid appointment, and deal with complex property receiverships ranging from multi-property receiverships as well as cross border issues and the crossover between property receivership and administration, liquidation or bankruptcy of the borrower or mortgagor.
We also undertake litigation on behalf of property receivers where necessary to ensure that vacant possession is obtained if required. We will then work with the property receivers to achieve the best price on sale, either by private treaty or sale at auction. We are experienced in dealing with challenges to the appointment of property receivers and are able to advise on all aspects of the Act receivership process.