Description: Receiver/Keeper (Louisiana) Services. Commercial Foreclosure Replevin through Disposition. All Industries/Asset Classes. New Orleans/Louisiana/Nationwide.
A Louisiana Court-Appointed Keeper or Receiver as it is known in other states owes a fiduciary duty to the Court and all parties involved in the litigation to preserve, protect, manage, and operate the property, real and moveable, collect all receipts and pay all necessary bills associated with the property such as those related to insurance and utilities, rents, and provide monthly accountings to the court and all interested parties. The Court also allows the Keeper to make necessary improvements to the pr
Louisiana Rev Stat § 9:5136 — Designation in mortgage or other instrument of keeper. Louisiana Rev Stat § 12:1-1432 — Appointment of receiver or liquidator.
Louisiana Court-Appointed Keeper Services require highly-trained—highly-skilled—highly-credentialed—highly-experienced distressed assets , turnaround management , valuation , and disposition experts with decades of proven experience and unimpeachable credibility who master the facts and can present clear, objective and compelling findings to judges.