United States: Ex Parte Appointment Of A Receiver Confirmed - Cadwalader, Wickersham & Taft LLP

United States: Ex Parte Appointment Of A Receiver Confirmed - Cadwalader, Wickersham & Taft LLP

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The New York County Supreme Court recently held that in the event of foreclosure, a receiver can be appointed, regardless of necessity, when the parties have contracted for such appointment.

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