When confronting receivership challenges, James and Stephen Donell provide a practical, efficient and result oriented approach to all cases. Whether the case is large or small, complex or straight forward, our efforts will help streamline the process to ensure a cost effective and positive outcome.
James and Stephen Donell have been appointed in hundreds of cases in both federal and state court. These cases have involved over 10,000 investors, over $500,000,000.00 in investor funds and approximately $1,000,000,000.00 in real estate assets located throughout the western United States. With professional licensing in California, Arizona and Nevada, as well as 40 plus years of cumulative receivership experience, they have acted as receivers in cases involving commercial and private lenders, various government entities, private individuals, city attorneys/district attorneys and judgment creditors.
Receivership appointments demand specialized knowledge, experience and skill. James and Stephen Donell have all the necessary resources to effectively and efficiently administer receivership estates. Upon appointment, the receiver and his staff immediately obtain and file all required bonds, locate and seize all assets belonging to the estate and will provide a continuous flow of accurate and comprehensive reports to all interested parties. These reports include inventories, all necessary court filings, operating reports, investor correspondence and notices to applicable taxing and licensing entities or those required by the appointing order.
If required, audits of the defendant's books and records are undertaken. The receiver and his staff, as well as his court-approved professionals provide forensic accounting, asset seizure, valuation and liquidation, legal/litigation support and property management services. Every receivership comes with a unique set of circumstances. Matching the experience of their associates and professionals with the needs of the estate, James and Stephen Donell employ those professionals required to effectively control and administer the assets. This approach will reduce costs associated with the administration of the receivership estate.