Let’s Be Careful Out There - Protecting The Receiver From Liability Claims

Thursday, April 11 | 5:30 - 8:30 PM ET

A Federal Equity Receiver is an estate fiduciary who encounters many risks serving as the representative of a receivership estate.  Given the nature of the situations which often involve financial distress, improper conduct and/or fraud by management of the receivership entity or individual, federal equity receivers often find themselves in difficult situations with limited information and parties competing aggressively for the limited assets of the estate.  Any number of difficult decisions made by the receiver may disturb the interests of and/or dissatisfy an interested party.  In certain circumstances, parties in interest may blame, second guess, or question the decisions or conduct of the receiver and the receiver’s professionals and occasionally look to the receiver and/or the receiver’s professionals as a source of recovery to satisfy any shortfall.  Claims against a receiver not only expose the receiver to potential liability but compel the receiver to expend time and resources defending his or her conduct.  The ramifications of potential claims against a receiver may be reduced by the presence of a judge who is actively involved in supervising the administration of the receivership estate.

Our panel will examine the extent to which receivers have been found responsible for liability claims; and provide an overview of the types of potential liability claims a receiver may face to assist receivers in evaluating risks and making decisions in the exercise of their duties.  We will also discuss the Barton Doctrine and other potential safe harbors for the receiver. Finally, we will suggest safeguards that will allow the receiver to limit the inherent risks encountered during the administration of a receivership estate.

There is no charge to attend this event.

Please note that this is an exclusively sponsored event and competing businesses may not attend this event. 

Agenda:

5:30 - 6:15:  Registration & Networking

6:15 - 7:00:  Dinner

7:00 - 8:30:  Presentation

Our Panelists:

Greg Hays Hays Financial Consulting, LLC	Henry Sewell, Jr. Law Offices of Henry F. Sewell Jr. LLC	Ira Bodenstein (Moderator) Cozen O' Connor	Alise Johnson SEC

More information on our speakers can be found HERE.

Thank You to Our Sponsor!

Stretto delivers a full spectrum of case-management services, depository solutions, and technology tools to fiduciaries. We offer a comprehensive suite of corporate-restructuring and consumer-bankruptcy capabilities along with multi-faceted deposit and disbursement services. Stretto leverages deep-industry expertise and market insights to provide an unparalleled portfolio of solutions. Our team seamlessly integrates streamlined workflows and best-in-class technology to orchestrate the administrative process and create harmony for professionals and their teams. For more information about Stretto, visit www.stretto.com.

CLE

NAFER will be applying for 1 hour of CLE in Florida. If CLE is needed for another state, attendee will need to apply on their own.

CPE

National Association of Federal Equity Receivers is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Attendees may earn 1.2 CPE credit in the Specialized Knowledge field of study. CPE credits are based on a 50-minute hour.

This is a Group Live event.

Level

NAFER offers advanced level sessions to federal equity receivers and the professionals that support them.

Prerequisites

No advanced preparation is needed for the conference.

Confirmation

All registrants will receive a receipt of registration. If you do not receive confirmation, please contact NAFER Staff at (888) 778-5933.

Questions?

If you have any questions about this NAFER Regional event, registration procedures‚ or administrative policies such as complaint or refund, please contact us at (888) 778-5933 or naferstaff@nafer.org.