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Tag Archives: restaurant receiver

restaurant turnaround consultant

Choosing a Court-Appointed Receiver or Restaurant Turnaround Consultant

When your restaurant or bar goes into default, the court may appoint a receiver to help protect the value of the establishment. This provides a neutral third party without an emotional stake in the restaurant to help protect revenue and cut expenses. While this process protects the lenders, the receiver may also be able to…

August 15, 2019Experts in Hotels and Restaurants BlogBy PGAuthor

shutterstock_785814277

Case Studies in Using a Restaurant Receiver for Resolving Disputes

The concept of a single owner-operator running a restaurant on his or her own seldom meets reality. Instead, owners, partners, managers, and investors work together to help a restaurant function smoothly and serve its patrons. For this arrangement to work, the restaurant should usually take the corporate form of a Limited Liability Corporation (LLC). Not…

July 15, 2019Experts in Hotels and Restaurants BlogBy PGAuthor

court appointed receiver

Not All Court Appointed Receivers Are the Same: Choosing Right for Your Industry

Having a court appointed receiver take over restaurant management can be daunting. While you have a chance to nominate someone, the receiver is a neutral third party who does not answer to you. On the other hand, the right person will manage a property efficiently and ethically, using expertise that you may not have. You also…

May 15, 2019Experts in Hotels and Restaurants BlogBy PGAuthor

federal court appointed receiver

3 Ways a Federal Court Appointed Receiver Protects Investments

Hotels, restaurants and nightclubs are often risky investments. The value depends on many factors: seasonal variations, optimization of location, shifts in clientele, and the general state of the economy. When properties start to lose value, creditors often look for ways to preserve and enhance the value of what they see as their investment assets. A federal…

July 27, 2018ArticlesBy PGAuthor

Is a Restaurant Receiver the Next Logical Step for LLC Dispute?

When there are disputes between a managing member or other members of a LLC (Limited Liability Corporation), the appointment of a restaurant receiver is one solution. Unlike hotel receiverships, where often this action is more common and brought on by the senior lender prior to foreclosure and in order to preserve the assets and the…

July 28, 2015Experts in Hotels and Restaurants BlogBy G4Developer

Case Studies in Using a Restaurant Receiver for Resolving Disputes

The viability of using a restaurant receiver to resolve a dispute depends on many factors, most of which have not been studied at length. Those who lose the battle are rarely willing to contribute to the academic study. And, those who are able to do not really think much of academic studies.  A restaurant, with any…

April 16, 2015Experts in Hotels and Restaurants BlogBy G4Developer

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