LHMC has the knowledge, experience and sponsorship to provide support for filing and administering hotel receivership under both State and Federal law.
Whether the clients are judgment creditors, lien creditors or other stakeholders, we can provide in-house litigation support services to file or intervene in the receivership, prosecute the receivership, administer and operate the receivership, and/or exit from receivership through a court ordered sale or liquidation.
LHMC understands receivership.
LHMC has a dedicated team of professionals who understand both the legal and business aspects of receivership to take over, manage and dispose of assets as the court may direct. LHMC also identifies the imminent danger of loss, damage or miscarriage of justice, which can affect the preparation and maintenance of a receivership.
LHMC has the financial strength and experience to act as a receiver
LHMC also has the capacity to preserve, protect and maximize the value of the underlying property. Whether it is to provide the requisite bonds required by the court in connection with its appointment as a receiver, or to negotiate with the franchisor regarding legal matters involving branding and other franchisor-franchisee relations, LHMC will fit your needs. Most importantly, we will help save you money. LHMC can act as both a manager and receiver in these receivership transactions.
It is important to choose the right receiver for a hotel property. Other companies serve as receivers for multiple types of properties. LHMC prides itself on one type of receivership and one type only: hotels.