Resources

"Effectiveness of Contractual Receivership Clauses for Operating Companies"

August 26, 2019
Business Law Today

Sheryl L. Toby, metro Detroit-based member of Dykema’s Business Services Department and Automotive Industry Group, co-authored the article, “Effectiveness of Contractual Receivership Clauses for Operating Companies,” published on the American Bar Association’s site, Business Law Today.

The article highlights contractual provisions, discusses a recent Michigan Federal case and concludes by pointing out that the existence of a contractual receivership provision may be a strong factor considered by courts and could tip the scale in favor of the appointment when weighing other factors.

Click here to read the full article.