Dale Williams

Receivership n. the process of appointment by a court of a receiver to take custody of the property, business, rents and profits of a party to a lawsuit pending a final decision on disbursement or an agreement that a receiver control the financial receipts of a person who is deeply in debt (insolvent) for the benefit of creditors. In situations in... which a company is in default of its loan obligations, receivership can be used as an effective remedy to preserve property during the time needed to prosecute a lawsuit, especially if a danger is present that such property will be dissipated or removed from the jurisdiction of the court if a receiver is not appointed. Dale Williams will provide a timely win-win outcome for both parties, while maximizing their financial outcome in an adverse situation. He recognizes the power given to him by the court thru the receivership process and believes in discharging his duties with integrity and cost-effective, efficient representation. While Dale will engage in larger projects, he understands the need for receivership on small to medium size projects.Read More