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Receivership Jobs in California (NOW HIRING)

City of Sacramento

Deputy City Attorney II

Sacramento, CA · Hybrid

$116K - $164K/yr

Duties will span civil nuisance abatement, Health and Safety Code 17980.7 receivership proceedings, Gun Violence Restraining Orders, Pitchess motion responses, and some criminal prosecution. The ...

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Receivership information

What is receivership?

Receivership is a legal process in which a court appoints a receiver to take custody, manage, and protect assets that are subject to dispute or distress, typically because a business is insolvent or in financial distress. The receiver’s primary responsibility is to safeguard the assets, operate the company if necessary, and maximize value for creditors or stakeholders. Receivership is often used as an alternative to bankruptcy and can involve restructuring or selling the business's assets. It is a temporary measure until the court determines the final resolution for the assets or company.

What are the key skills and qualifications needed to thrive as a receiver in a receivership role?

To thrive as a Receiver, you need a strong background in finance, accounting, and legal compliance, often supported by a degree in law, business, or finance and relevant professional certifications. Familiarity with financial analysis tools, insolvency management software, and legal documentation systems is typically required. Strong analytical thinking, integrity, negotiation skills, and the ability to communicate effectively with stakeholders are essential soft skills. These competencies ensure the effective management and resolution of distressed assets, protection of creditors' interests, and compliance with court directives.

What are some common challenges faced by professionals working in receivership roles?

Professionals in receivership roles often encounter the challenge of quickly assessing and stabilizing distressed assets or companies under tight deadlines. Balancing the interests of creditors, stakeholders, and employees while ensuring compliance with legal and financial regulations can be demanding. Additionally, receivers must adapt to complex, often rapidly changing situations and communicate effectively with various parties to achieve the best possible outcome for all involved. Strong organizational and negotiation skills are essential to navigate these challenges successfully.

What is the difference between Receivership vs Bankruptcy Trustee?

AspectReceivershipBankruptcy Trustee
CredentialsLegal and financial expertise, often licensed or certifiedLegal and financial expertise, often licensed or certified
Work EnvironmentInvolves managing distressed assets, often on-site or in courtOversees bankruptcy cases, works with courts and creditors
Industry UsageCommon in insolvency, real estate, and asset managementPrimarily in bankruptcy proceedings across industries

Receivership and bankruptcy trustees both handle insolvency cases but differ in scope and authority. Receiverships focus on managing specific assets or businesses under court supervision, often in real estate or asset recovery. Bankruptcy trustees oversee entire bankruptcy cases, distributing assets to creditors. Understanding these roles helps clarify their distinct functions in insolvency processes.

What are popular job titles related to Receivership jobs in California?

For Receivership jobs in California, the most frequently searched job titles are:

What job categories do people searching Receivership jobs in California look for?

The top searched job categories for Receivership jobs in California are:

Receivership jobs near you
Infographic showing various Receivership job openings in California as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.

Restructuring & Insolvency Associate Attorney

Los Angeles, CA • On-site, Remote

Direct Counsel
Recruiting and Staffing Services • 1 - 10 employees
Learn more about Direct Counselexternal

$235K - $310K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Restructuring & Insolvency Associate Attorney

Direct Counsel is seeking a Restructuring & Insolvency Associate Attorney to join a highly regarded Am Law 100 law firm. This is an exceptional opportunity for a junior- to mid-level attorney looking to build a long-term career within a sophisticated financial restructuring practice with a clear path to partnership.

Locations

Century City, CA; Los Angeles (Downtown), CA

About the Role

The successful candidate will join a nationally recognized Financial Industry Group representing secured and unsecured creditors, commercial lenders, and financial institutions in complex restructuring, receivership, bankruptcy, and judgment enforcement matters. This role offers meaningful client interaction, challenging work, and the opportunity to collaborate with an experienced, collegial team on sophisticated insolvency matters.

Responsibilities

  • Represent secured and unsecured creditors, commercial lenders, and financial institutions in restructuring and insolvency matters.

  • Handle receivership proceedings and judgment enforcement actions in state and federal courts.

  • Assist with complex bankruptcy litigation and insolvency-related disputes.

  • Draft pleadings, motions, briefs, and other litigation documents.

  • Conduct legal research and develop strategic solutions for clients facing distressed situations.

  • Collaborate with attorneys across the Financial Industry Group on sophisticated matters.

  • Build and maintain strong client relationships while managing multiple cases and deadlines.

Qualifications

  • J.D. from an accredited law school.

  • 2–4 years of restructuring, insolvency, bankruptcy, or commercial litigation experience.

  • Experience representing secured and unsecured creditors, commercial lenders, or financial institutions.

  • Experience handling receivership proceedings and judgment enforcement matters.

  • Experience with complex bankruptcy litigation and insolvency-related matters is preferred.

  • Excellent legal research, writing, analytical, and communication skills.

  • Strong organizational skills and the ability to manage multiple complex matters.

  • Collaborative mindset with a genuine interest in long-term professional growth and partnership.

Compensation

$235,000 – $310,000, depending on experience, location, and qualifications.

Benefits

The firm offers a comprehensive benefits package, including:

  • Medical, dental, and vision insurance

  • 401(k) retirement plan with employer benefits

  • Health Savings Account (HSA) and Flexible Spending Accounts (FSA)

  • Life, accident, critical illness, short-term and long-term disability insurance

  • Paid family leave, vacation, and sick time

  • Virtual healthcare and Employee Assistance Program (EAP)

  • Backup child care, college coaching, college savings plan, pet insurance, and transportation benefits

  • Professional development and mentorship opportunities

If you're interested in learning more about this opportunity, we encourage you to apply today.