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Self-Paced Online

An Overview of the North Carolina Commercial Receivership Act

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Date Published

January 11, 2021


Mecklenburg County Bar


Bankruptcy, General, State Bar & Court Updates


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This new Act becomes effective January 1, 2021 and applies to receiverships commenced on or after that date. With few exceptions, all entities and individual business debtors may be debtors under the new Act. Learn about the Act’s new substantive provisions that provide for an integrated procedure before a single judge to handle the administration of the receivership from start to finish. The program will highlight many of the Act’s new concepts, including the distinction between limited and general receiverships, the scope of receivership property, the automatic stay against further suits and proceedings that becomes effective upon the receiver’s appointment, the transfer of all pending actions involving the debtor to the receivership court, sales of receivership property free and clear of liens, the receiver’s ability to borrow money, the treatment of executory contracts, and many other new provisions that are part of the Act.

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Kenneth M. Greene
Carruthurs & Roth, P.A.

James S. Livermon, III
Womble Bond Dickinson (US) LLP

Margaret R. Westbrook, K & L Gates LLP

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Program Titles and Supporting Materials

This program contains the following components:

Video Presentation
Slide Deck Copy
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If applicable, you may obtain credit in multiple jurisdictions simultaneously for this program (see pending/approved list below). If electing credit for this program, registrants in jurisdictions not listed below will receive a Certificate of Completion that may or may not meet credit requirements in other jurisdictions. Where applicable, credit will be only awarded to a paid registrant completing all the requirements of the program as determined by the selected accreditation authority.

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How to Attend

Join the self-paced program from your office, home, or hotel room using a computer and high speed internet connection. You may start and stop the program at your convenience, continue where you left off, and review supporting materials as often as you like. Please note: Internet Explorer is no longer a supported browser. We recommend using Google Chrome, Mozilla Firefox or Safari for best results.

Technical Requirements
You may access this course on a computer or mobile device with high speed internet (iPhones require iOS 10 or higher). Recommended browsers are Google Chrome or Mozilla Firefox.

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