david findlingAppointing a Receiver

  1. A receiver can be appointed contemporaneously with the filing of the original complaint, during the pendency of litigation, and post judgment.
  2. Courts have authority to appoint a receiver in nearly all cases pursuant to their equitable powers and in some cases pursuant to statute.
  3. A receiver may be appointed on the motion of a party to a case or by the court itself.
  4. A receiver selected for appointment must secure a bond in an amount satisfactory to the court.
  5. The authority, powers and duties of a receiver are spelled out in the order appointing receiver.