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A Potent Superpower: Receiver "Super-Priority" Liens | Patton Sullivan Brodehl LLP


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In the twenty-first century, superheroes are all the rage. Alive and well are never-ending debates about the superiority of DC characters versus Marvel characters, or heroes that are born super, such as Superman, versus those that are made, such as Iron Man. Meanwhile, the superpowers of a judicially appointed receiver have become clearer.
Judicially appointed receivers are agents of the court, and the court has incredibly broad discretion to grant the receiver powers as to real property. Those powers can include “super-priority” liens securing loans (and the receiver’s fees) necessary to remediate nuisance or hazardous conditions on the property. These principles were made clear in a recent case published by California’s First Appellate District, ....

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