Specific Court Receiverships Cases
Appointed Receiver in Superior Courts (partial listings)
Here is a small list of various cases that Ted Lanes has been listed as the court appointed receiver in cases throughout California; From San Diego to Los Angeles to Alameda and everywhere in between. Being one of the best court receivership specialists in California, Arizona, Nevada, and Oregon, Ted Lanes is able to be a strict court referee to really look at the role of an interim director beyond forensic accounting and fiduciary services.
Receiver
(LA Superior Court Case 21SMCV01113)
Appointed to marshal assets and manage the construction and sale of “The most expensive home in America.”
Sawusch vs. Flores et. al.
Receiver
(LA Superior Court Case 18SMCV00134)
Appointed to marshal assets and perform forensic analysis of decedents $75M estate.
Grones vs. Malmberg Engineering, Inc.
Receiver
(Alameda County Superior Court Case No. RG16801848)
• Appointed during litigation to identify and secure all corporate assets on behalf of ESOP after company collapse.
• Performed forensics to determine total of monies diverted by management.
Rosenedo Gonzalez Ch 7 Trustee vs. CSS Nevada, Inc.
Chief Receivership Officer
(US Bankruptcy. Case No. 2:16-bk-20721-BB)
• Operating $3m+ collections agency by appointment of Bankruptcy Court.
• Full operational control and responsibility for all forensics and litigation support.
• Defendant sentenced to 72 months in Federal Prison.
Advanced Development & Investment, Inc.
Chief Receivership Officer & Controller
(Receivership Case No. BD 518 503)
• Chief Receivership Officer of developer low income housing throughout California in Receivership. Accusations of multi-national bank fraud in excess of $100m.
• Performed forensics in support of allegations, recovery in excess of $50m.
• Managed significant repair issues on properties with construction defect and water damage issues.
• Managed completion of construction of two 60+ door low income housing projects.
• Working alongside FBI and IRS to secure monies in excess of $40m wired out of Country.
California Bank & Trust vs. Ousama Karawia
Receiver
(Los Angeles Superior Court Case No. BC508592)
• Post Judgement Receiver to marshal assets in satisfaction of $3.5m judgement.
Weingarten Stoneridge vs. Gary Nogle et. al.
Receiver
(San Diego Superior Court Case No. 37-2014-00022236-CU-BC CTL)
• Post Judgement Receiver to marshal assets in satisfaction of $1m judgement.
• Control of distributions from L.P. interests owned by debtors.
Youssefyeh vs. Melamed
Chief Receivership Officer
(LA Superior Court Case No. BD 608 949)
• Operating $5m+ compounding pharmacy at appointment of Receiver.
• Full operational control and responsibility for all assets, accounting, DEA and Dept. of Pharmacy correspondence during litigation.
USACM Liquidating Trust vs. Anthony & Susan Monaco
Receiver
(US Central District Case No. EDVC-11-0829 ABC)
• Appointed to identify and recover assets for settlement of $5.5m judgment against defendants.
• Performed forensics and audited bank records leading to recovery in excess of $500,000 of fixed assets and bank accounts.
Commerce National Bank vs. All American Products Group
Post Judgment Receiver
(CA Superior Court No. PC055292)
• Appointed to secure asset recovery and liquidation for satisfaction of a $2.8m summary judgment.
Bank of America vs. Milbank Holding Corp
Post Judgment Receiver
(CA Superior Court No. BC415625)
• Forensic accounting and asset recovery and liquidation for satisfaction of a $4.5m summary judgment.
The Marriage of Hansen and Hansen
Receiver
(CA Superior Court NoVD079928)
• Appointed to operate respondent’s dental practice and capture cash flow in satisfaction of debts in the marital dissolution matter.
Universal Bank vs. Hamilton Brewart Insurance Agency LLC
Oct 2012 – Apr 2014
Receiver
(CA Superior Court No. KC064745)
• Forensic accounting and asset recovery from failed insurance brokerage.
• Working alongside law enforcement and Department of Insurance investigators for evaluation of $60m fraudulent loan scheme.
• Resulted in guilty plea on Federal bank and Insurance fraud charges.
Fresh Paws of Bel Air
Receiver
CA Superior Court No.LC 098 928)
• Forensics and asset recovery from failed pet supplies retailer
The Marriage of Hansen and Asoulin
Receiver
(CA Superior Court No. BD 509 219)
• Custodian of assets in marital dissolution matter.
International Automotive Distributors, Chino, CA
Chief Restructuring Officer
(Receivership LASC Case No. CIV1000333)
• Onsite agent for receivership representing 5 creditor international banks.
• Managed asset recovery, retention and liquidation for $40m interests at multiple locations in California & Texas.
TrueMRI, Bellflower, CA
Chief Financial Officer, Director of IT & HR (Receivership Case BC393100)
• Led recovery of $12 million out of $21 million invested by east coast hedge fund
• Acted on behalf of California Superior court receiver as custodian for all patient records (over 75,000 files) both electronically in ERAD system and paper files