What is a Receivership in California?

A receivership is a court-supervised remedy where a neutral third party—called a Receiver—is appointed to take possession and control of property or business assets during litigation. The Receiver serves as an agent of the court and is empowered to preserve, manage, or liquidate assets at risk of loss, destruction, or mismanagement. Receiverships are used in a variety of situations, including business disputes, health and safety code violations, real estate conflicts, and family law matters. (See Code of Civil Procedure § 564.)

What is an Operating Business Receivership?

An operating business receivership involves the appointment of a Receiver to manage and operate an active business while litigation is pending. This type of receivership is typically used when a business is at risk due to partner or shareholder disputes, insolvency, fraud allegations, or when creditors seek to preserve the value of collateral. The Receiver’s mandate is to maintain the status quo of the business, ensure continuity of operations, and safeguard assets from waste or mismanagement until the legal dispute is resolved or the court directs otherwise. (See CCP § 564(b)(8); Introduction to California Superior Court Receiverships).

What Role Does a Receiver Play in the Process?

Once appointed, the Receiver assumes temporary control of the contested assets. The Receiver’s responsibilities may include collecting rents, maintaining business operations, safeguarding or liquidating real property, ensuring compliance with court orders, paying necessary expenses, and providing regular financial reports to the court and parties. In some cases, the Receiver may also be directed to oversee the sale of assets and ensure equitable distribution under the court’s supervision. All actions by the Receiver are subject to court review, ensuring neutrality and accountability. (See CCP § 564(b); City of Santa Monica v. Gonzalez (2008) 43 Cal.4th 905.)

The goal of the Receivership is to prevent loss, mismanagement, or destruction of property and ensure a fair and orderly resolution while the litigation is pending.

Why Choose Receiver Matthew Taylor?

Matthew L. Taylor is an experienced court-appointed Receiver with over 20 years of experience managing operating business receiverships throughout California. His diverse experience includes appointments over manufacturing firms, retail and logistics operations, service-based companies, and internet businesses. Receiver Matthew Taylor is a licensed attorney and a California real estate broker (DRE #02189284), giving him deep insight into the legal and operational challenges faced by distressed businesses.

Known for his hands-on, results-driven approach, Receiver Matthew Taylor ensures that businesses under receivership continue to meet operational obligations while safeguarding their long-term viability and legal compliance. Receiver Matthew Taylor is recognized for his practical, cost-effective management style and compliance with court orders. His reputation for thorough reporting, legal precision, and effective asset preservation makes him a trusted choice for courts and litigants throughout California.

Notable business receiverships include:

• Moore v. TCS Performance Products: Appointed Receiver over a parts manufacturing company serving the auto industry in Ontario, CA.
• Lower v. Dupas: Managed an industrial business with subsidiaries engaged in plastics, packaging, and commercial hardware.
• Koochof v. Mauricio Ramon, Inc.: Oversaw operations of a package delivery company.
• Graham v. Bertino: Operated an internet-based retailer.
• Munoz v. Anaya: Administered an 80-unit apartment complex, ensuring continued rental income and maintenance during litigation.