Receivership Tombstones Across the United States

GERSON LAW FIRM APC began the last quarter of 2009 coordinating receiverships from Pennsylvania to California, and engineering loan loss mitigation strategies in other states as well for its national and local clients.

During a month where headlines showed signs of an improved economy in some sectors, commercial real estate woes continued to grow. Called to action, GLF co-counseled a receivership action over 8 former Uni-Mart gas station locations throughout the state of Pennsylvania. GLF also represented clients having receivers appointed for multifamily properties in two different cases in San Bernardino County, California, and an office building in downtown San Diego. At the same time, GLF coordinated loan loss mitigation strategies on other commercial real estate loans in Arizona and Michigan. On the receivership front, Gordon Gerson also spoke at a seminar on receiverships presented by the San Diego Chapter of the California Receivers Forum, and at the annual national Trigild Conference on receiverships.

In addition to receivership actions, GLF creditor rights group was also involved in a number of other actions with successful results for clients, including several commercial eviction proceedings.


GERSON LAW FIRM APC represents clients on all matters real estate and business related, both transactional and litigation. GERSON LAW FIRM APC is nationally recognized for its representation of some of the nation's largest lenders on loan closings, special servicing, and enforcement proceedings throughout the United States. GERSON LAW FIRM APC practice includes representing lenders closing loans under Fannie Mae's DUS Lending Program and Freddie Mac's Program Plus for multifamily investments. GERSON LAW FIRM APC represents major national banks, life insurance companies, and private funds in all matters lending related, including originations and loss mitigation strategies, for hotels, office buildings, shopping centers, multifamily and construction.