Learn how to assess the opportunities and risks in seeking appointment of a receiver or in opposing it. Also includes expert analysis of the emergency manager law for local governments and school districts.

With this book, you will:

• Assess when a receivership is the best option for your client
• Know the requirements and procedures to obtain a receiver in Michigan
• Have a sample Order Appointing Receiver along with a discussion of its key provisions
• Know when and how to oppose appointment of a receiver
• Understand the current state of Michigan law--what a receiver can and cannot do, including the ability to sell assets free and clear of liens and other interests
• Get a sample checklist used by a receiver in administering real estate projects