State and federal court-appointed receivers. Distressed companies, foreclosure proceedings, contentious shareholder situations, and post-judgment asset preservation.
A receiver is a court-appointed officer who takes control of a property or a business under court supervision. The receiver owes their duty to the court, not to either side of the dispute — which is precisely why courts appoint disinterested professionals with the operating discipline to actually run a company.
Receivership is harder than it looks. The receiver inherits an operating company in a contested situation, with both sides watching every decision. The cost of a control failure is removal — and the court's confidence is hard to win back.
We deploy a defined intake protocol: payroll continuity, vendor reassurance, customer communications, banking-relationship transition, and emergency cash-flow modeling — all within 72 hours of appointment. The court sees stability; the parties see professionalism.
From the moment of appointment, all transactions flow through receiver-controlled accounts on the Live Ledger with categorical tagging. Court reports are generated automatically; forensic-style audit trails are available on demand.
Quarterly status reports, motion exhibits, and emergency filings are AI-drafted in hours, attorney-reviewed before submission. We have never missed a court deadline.
Court appoints the receiver via order — typically following a noticed motion. We post the required bond, notify counsel of record, and execute Day 1 protocols within 72 hours. Bank accounts are frozen and reissued under receiver control.
We operate the business under court supervision pursuant to the appointment order. Material decisions — sale of assets, settlement of claims, payment of contested expenses — are made on noticed motion. Routine operations continue without disruption.
Depending on the appointment order: sale of the receivership property, return to the parties pursuant to settlement, transfer to a successor, or, where appropriate, transition to an Assignee under an ABC. We coordinate with the court and the parties throughout.
Final accounting filed with the court. Receiver discharged. Bond released. Books and records archived per court order.
The traditional receivership practice is dominated by individual practitioners — often retired bank executives or former bankruptcy trustees — operating with thin staff and paper-based controls. They get the appointment because the court trusts them personally. But the operating record is often thin: late reports, slow distributions, opaque accounting.
We bring the same operational AI infrastructure we use for ABCs to the receivership context. Court reports are not a quarterly scramble. The Live Ledger is auditable in real time. Status motions and emergency filings are AI-drafted in hours. The court sees a professional firm, not a sole practitioner — and the parties see decisions documented as they happen.
Receivership compensation is set by the appointing court on noticed application. Our published rates are competitive with senior receivers in our markets — and the Live Ledger means parties can see what they're paying for in real time, not in the next quarterly fee application.
Graveyard.vc was founded by Raj Abhyanker, who grew up in a family retail business in Phoenix and finished college and law school only after that family business wound down. He has launched dozens of companies since — and built this practice around the conviction that founders facing a wind-down deserve someone who has lived both sides of it. Read Raj's full bio →