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Receiverships, Lenders & Special Creditor Remedies

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Federal Equity Receiverships

Allen Matkins attorneys have extensive experience in representing court-appointed receivers in enforcement actions across the country brought by federal agencies, including the Securities and Exchange Commission, the Federal Trade Commission, the Commodity Futures Trading Commission, and other investigatory and enforcement agencies. Typically, these enforcement actions allege a fraud, including securities fraud, or other deceptive or wrongful business practices. We assist receiver clients in every aspect of investigating alleged misconduct, marshaling assets of the entities used to perpetrate the alleged fraud, and obtaining recoveries for victimized investors and consumers. Allen Matkins has also applied its receivership expertise in representing clients pursuing claims in, or acquiring assets from, receivership estates.

SELECT REPRESENTATIVE MATTERS

  • Represented a receiver appointed in a Securities and Exchange Commission enforcement action alleging a $45 million Ponzi-like investment scheme based on purported covered-call option trading. Receiver marshaled assets and distributed funds to defrauded investors.
  • Represented a receiver appointed in a Securities and Exchange Commission enforcement action alleging a Ponzi-like investment scheme which raised over $1.7 billion, ostensibly to purchase medical receivables. Receiver marshaled and sold a wide variety of assets including real property, loan interests, and operating companies.
  • Represented a receiver appointed at the request of the Federal Trade Commission in connection with an enforcement action alleging deceptive and fraudulent mortgage modification practices.