Placing Control Of Your Property With A Receiver: What Business And Property Owners Need To Know
By: Anissa Hudy, Esq. and Sara MacWilliams, Esq. On February 6, 2018, Governor Snyder signed legislation which adopts the Uniform Commercial Real Estate Receivership Act in Michigan. The Act takes effect 90 days after it is enacted. You can read the entire text of the Act here: Link this language: http://www.legislature.mi.gov/(S(oa5uy1bbqlmnakmrq54szas4))/documents/2017-2018/billcurrentversion/House/PDF/2017-HCVBH-4471-9229.PDF Once a topic relegated to foreclosure cases, su
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