Business Practice

Receiverships

In keeping with our philosophy of finding creative solutions for our clients’ difficulties, The Tracy Law Group has developed an active receivership practice and we are considered by our peers to be a leader in this area.

We are adept at utilizing the receivership procedures available in state court to benefit either creditors or debtors seeking a more efficient insolvency proceeding than the bankruptcy process. Todd Tracy has utilized the Washington Assignment for Benefit of Creditors provisions together with a general receiver to wind-down businesses in a cost effective and efficient manner. Additionally, we work closely with several individuals who can act as a court-appointed receiver, and have broad experience representing those individuals.