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Receivership Costs and Budgeting: What Will the Receivership Cost?
CONGRATULATIONS! You’ve won a motion to appoint a receiver. You found the perfect, highly-qualified receiver for your property/business/assets (“the receivership estate.”) And, the receiver is eager to take the job! What next? Well, consider: What will this receivership cost? Is it possible to contain or minimize the costs? It’s not outside the realm of possibility to have receiver remorse … The situation: Your opponent pushes hard for a receiver, vehemently arguing that taki
