Receiverships: An Often Overlooked Tool for Resolving Complex Disputes
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Receiverships: An Often Overlooked Tool for Resolving Complex Disputes
By James A. Bartholomew, CTP, President, Lighthouse Management Group Inc. & Hon. Edward T. Wahl, Hennepin County (Minnesota) District Court
Complex commercial and property cases can turn on issues that are not easily resolved by conventional litigation. But the law offers a path out of the thicket. Receivership is a tool that is often overlooked in complex disputes.
Working with the court, receivers can provide the structure...
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The Hon. Edward T. Wahl was appointed Hennepin County District Judge, Minnesota, in 2012 and elected in 2014. He served on the committee that drafted the current Minnesota statute on receiverships. Wahl was previously a partner with Faegre Baker Daniels and before that with Oppenheimer Wolff & Donnelly LLP. He holds a law degree from the University of Chicago Law School and master’s and bachelor’s degrees from the University of Virginia and Northwestern University, respectively.
James A. Bartholomew, CTP, is president of Lighthouse Management Group Inc. He serves as court-appointed receiver in federal and state courts and as a liquidating agent in U.S. Bankruptcy Court, and provides interim management and advisory services in financial restructurings. Bartholomew is a CPA and a fellow of the American College of Bankruptcy, and a member of the Minnesota Society of CPAs, the AICPA, and TMA. He can be contacted at 651-323-2257 or JBartholomew@lighthousemanagement.com.
