SEC v. Holt (Receiver Standing)
2007 WL 2332584 (USDC D.Ariz. August 13, 2007)
SEC v. Holt, 2007 WL 2332584 (USDC D.Ariz. August 13, 2007) **2-3, reaffirms the principle that a receiver has standing to assert any rights against property that could be asserted by the receivership entity. This includes the right to sell property held by a trust placed in receivership where the trust agreement grants such authority to the trustee.
– Phil Stenger
