What types of Business might benefit from a receivership?
All kinds! There is no limitation under Oregon law for Oregon receiverships but, in general, there are additional considerations and complications to using a receivership for certain kinds of businesses, such as healthcare. At 2S Management, we have worked with many kinds of businesses. Here’s just a few examples:
Southern Oregon Winery
Plywood Business
Small Entertainment Venue & Bar
Office Building
Storage Facility
Construction Company
Clean Energy Trucking Company
Hemp Farm
2S Management draws on the experience and network of contacts of receiver and attorney Loren Scott. We use Scott Law Group for legal representation, which is required for a receivership done through a state court receivership proceeding under the Oregon Receivership Code. We can also assist in out-of-court options, such as an “assignment for the benefit of creditors” (or “ABC”), in which the agent’s role is defined by an agreement among the parties.
Loren Scott
Loren has worked as a business bankruptcy attorney for over 20 years, primarily assisting small businesses and farms throughout Oregon to either close down or to reorganize their debts and continue operations at a slimmed back level.