September 2018 Bar Bulletin
By Danial Pharris
The most memorable business litigation, often between business owners, is as full of drama as any Shakespearean play, with characters as complex and unpredictable. Court-appointed receivers are used in a variety of business disputes and often combined with other remedies, such as piercing the corporate or LLC veil, voiding transfers of assets and one-sided contracts under RCW ch. 19.40,1 breach of co-owners’ fiduciary duties, attaching disputed assets, injunctions, and court-ordered windup and dissolution.
Court-appointed receivers have been used in divorces involving community businesses or assets, or probate disputes involving family members as co-owners of businesses. In some cases, the parties agree to...