March 17, 2023
By: Liam Dillion and Doug Smith
“While abating a nuisance, receivers act as the arm of the court and their first duty is to carry out the court’s orders. They typically also have fiduciary duties to the owners and creditors of the estate, and a responsibility to make the building habitable to tenants or find them housing elsewhere, said Richard Ormond, an attorney at Buchalter and former chair of the California Receivers Forum.”
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