We are excited to share that Illinois will soon join the growing number of states with a codified receivership act. Effective January 1, 2026, the Illinois Receivership Act (Public Act 104-0034) establishes a modern, comprehensive framework for administering commercial receiverships. The statute empowers courts to effectively manage commercial real property, personal property, tenants, rehabilitation, and […]
Category Archives: National Receiver
Case Studies, National Receiver, Receivership Services
Simon PLC Attorneys & Counselors – 2022 Update of Receivership Case Studies
01
Feb
Feb
Simon PLC Attorneys & Counselors – 2022 Update of Receivership Case Studies Note: This is an update to the article Receivership Case Studies published on August 12th, 2019. You can read the original article here. Troy, Michigan – Court appointed receiver Frank R. Simon, Esq., along with the receivership and turnaround Team of Simon PLC […]
Case Studies, National Receiver, Receivership Services
Simon PLC Attorneys & Counselors Receivership Case Studies
12
Aug
Aug
Simon PLC Attorneys & Counselors Receivership Case Studies Bloomfield Hills, Michigan – Court appointed receiver Frank R. Simon, Esq., along with the receivership and turnaround Team of Simon PLC Attorneys and Counselors, are often asked to summarize their experience handling different types of cases involving court supervised borrowers and their collateral. Simon’s appointments have included […]