Receiverships have a cost. Direct costs are the costs incurred and paid for by the receivership. Indirect costs are costs related to the receivership but aren’t paid for by the receivership, such as attorney’s fees for the plaintiff and defendant. When considering the direct costs one thing should be kept in mind, if the funding falls short in a receivership typically the plaintiff is turned to for funding. Learn more about receivership costs from CRA member Eric Moraczewski, CEO of NMBL Strategies, in this episode of the Receivership 101 Video Series: Costs of a Receivership.
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