court appointed receiver elliott bay asset solutions

Appointed by the Courts, Trusted by Leading Lenders and Law Firms

Since 2010, Elliott Bay Asset Solutions has acted as court-appointed receiver for more than 100 engagements

With our deep expertise in business, real estate, and law, we’ve been trusted time and again to safeguard creditor and equity interests where distressed business and/or real estate holdings are concerned. With every receivership engagement, we’ve built a solid reputation for professionalism, integrity, and effective performance across a wide range of business sectors and real estate holdings.

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Financial Institutions That Have Nominated Us As Receivers

court appointed receiver financial institutions
  • Axos Bank
  • ACORE Capital Mortgage, LP
  • Bank of America
  • Banner Bank
  • Bank of Hope (BBCN Bank)
  • Broadmark Realty Capital
  • Cathay Bank
  • Chase Bank
  • Columbia Bank
  • First Security Bank
  • First Sound Bank
  • Fortune 100 Companies
  • GBC International Bank
  • Greyhawk SSOF Ruckus Lender, LLC
  • Harris Bank
  • Heritage Bank
  • HomeStreet Bank
  • Key Bank
  • Kitsap Bank
  • Pacific Union Financial
  • Private Securities-Backed Mortgage Funds
  • Seattle Bank
  • Thrivent Financial
  • Trimont, LLC
  • Umpqua Bank
  • Union Bank
  • U.S. Bank
  • Washington Federal
  • Wells Fargo

Assignments for the Benefit of Creditors

Debtors, both companies and individuals, also nominate us to serve as Receiver when they become insolvent, are unable to pay their debts in the ordinary course of business, or otherwise choose to liquidate. Boards of Directors have asked us to serve as Receiver when companies elect to administratively dissolve; and probate estates have also asked us to serve as Receiver when they need expert assistance.

court appointed receiver creditors elliott bay

Law Firms That Have Nominated Us As Receivers

court appointed receiver law firms elliott bay
  • Assayag Moss
  • Bailey Duquette P.C.
  • Ball Janik
  • Ballard Spahr
  • Borde Law
  • Bush Kornfeld
  • DBS Law
  • DeLue Law
  • Eisenhower Carlson
  • Elizabeth Sweet
  • First Avenue Law Group
  • Foster Garvey
  • Foster Pepper
  • Fox Rothschild
  • Hacker & Willig
  • Hanson Baker Ludlow & Drumheller
  • Helsell Fetterman
  • K&L Gates
  • Karr Tuttle
  • Landerholm
  • Lane Powell
  • Law Office of Alan Donaldson
  • Law Office of Anthony Wisen
  • Law Office of G. Michael Zeno
  • Law Office of James L. Strichartz
  • Law Office of Jennifer T. Karol
  • Law Office of Richard D. Seward
  • Law Office of Terence K. Wong
  • Lee Anav Chung
  • Miller Nash
  • Montgomery Purdue
  • Newman DuWors
  • Ogden Murphy Wallace
  • Oles Morrison Rinker & Baker
  • Olson & Olson
  • Perkins Coie
  • Reuter Corbett
  • Riddell Williams
  • Ryan Swanson & Cleveland
  • Schwabe
  • Schweet Linde & Rosenblum
  • Shanze Partners
  • Snell & Wilmer
  • Sternberg Thomson Okrent & Scher
  • Stoel Rives
  • The Tracy Law Group
  • Vandeberg Johnson Gandara
  • Wenokur Riordan

Receivership Engagement Testimonials

Gentlemen, on behalf of myself and the entire staff here at AXIS Pharmacy NW, I'd like to again acknowledge all that you did for us during the receivership. I realize it wasn't easy for anyone for a variety of reasons but, in the end, WE DID IT!

Pharmacist-in-Charge

Pharmacy

This deal was like a soap opera with surprises coming every week. Your team showed amazing flexibility and tenacity throughout. With the challenges that we faced, I can't imagine a better outcome. I don't look forward to ever facing a similar situation, but if we do, we will know who to call.

Senior Vice President/Credit Administrator

Regional Bank

I think you have performed masterfully in getting this property sold for more than I thought you could get when we discussed the myriad of issues.

Partner

MId-size Debtor/Creditor Law Firm

I have enjoyed working with you. You are a true professional and you can count on me if you ever need a professional reference.

Senior Vice President/Credit Administrator

National Bank

Thank you to you and Susie and the team for the amazing work.

Secured Creditor

I am very impressed with the coordination, which will benefit every creditor and principal.

Senior Partner

Mid-size Law Firm

Thanks for the team effort and coordination to get this accomplished.

Executive Vice President

Regional Bank

I remember this was quite a fire drill when it first came in, so great work on steering the ship.

Partner

Large Law Firm

Stuart, I can't tell you how much I appreciate you and your team.

Senior Partner

Mid-size Law Firm

THANK YOU for everything you've done and are doing to try to save them.

Senior Partner

Mid-size Law Firm

You have a remarkable in-house team.

Senior Partner

Mid-size Law Firm

You did a great job on this.

Senior Partner

Debtor/Creditor Law Firm

Stuart is a pro.

Senior Partner

Debtor/Creditor Law Firm

Our Portfolio

Elliott Bay Asset Solutions handled general or custodial receivership services for the following entities, among others.

Benton County, WA

20 North Neal Street

Single Family Residence in Kennewick, Washington.

King County, WA

34007 1st Circle

Six-unit apartment building in Federal Way, Washington.

King County, WA

425 SW 175th Place, LLC

Single family residential property in Normandy Park, Washington.

King County, WA

4 Miles LLC

Single-tenant retail/commercial storefront (an old bank building converted to a thrift shop) located in Bothell, Washington.

King County, WA

7009 171st Avenue SE, Bellevue

5,860 Square Foot single family residence in Belvedere View with 7 bedrooms and 5 bathrooms in Bellevue, Washington.

Island County, WA

92 Utsalady Road, Camano Island

Beach home on Puget Sound waterfront on Camano Island, Washington.

Kitsap County, WA

Advanced Allergy & Asthma PLLC

Medical practice focused on asthma, allergies and immunology in Silverdale, Washington.

Snohomish County, WA

Ahn - Welcome Motor Inn

50-unit motel in Everett, Washington.

King County, WA

Alexandria Drugs LLC

Medical prescription pharmacy in Seattle, Washington.

King County, WA

Architectural Details, Inc.

Architectural lighting and fixture manufacturer in Woodinville, Washington.

Skagit County, WA

A&S Hotels, LLC

65-unit Best Western - College Way Inn Hotel in Mount Vernon, Washington.

Snohomish County, WA

Beltran Properties

Three residential properties in Bothell, Everett and Lynnwood, Washington.

Whitman County, WA

Breckenridge Group Pullman WA, LLC

Partially completed 196-unit student housing apartment building in Pullman, Washington.

King County, WA

Brickstone Holdings, LLC

Commercial property with retail tenants in Seattle, Washington.

Pierce County, WA

Buffelen Woodworking

Door manufacturer that had been in business since 1913, including a seven acre manufacturing facility on the Hylebos Waterway, plus its real property and more than 70 employee shareholders in Tacoma, Washington.

Pierce County, WA

Camp Lakeview, LLC

300-acre RV resort and campground with a wedding and event venue in Graham, Washington.

King County, WA

Carbon Holding, LLC

5-unit apartment building in the Queen Anne neighborhood of Seattle, Washington.

Chelan County, WA

Cashmere Manor

25-unit low income apartment complex located in Cashmere, Washington. Legal jurisdiction for this receivership was in Thurston County, Washington.

Island County, WA

Churchill

Portfolio with 13-unit and six-unit apartment buildings, as well as a commercial condominium building located in Oak Harbor, Washington. Legal jurisidiction was in Whatcom County, Washington.

King County, WA

CP/IPERS

70,000 square foot, five story commercial office building in Seattle, Washington.

King County, WA

Daly's, Inc. (Daly's Paint & Decorating)

Retail paint and decorating business with location in Bellevue and Seattle, Washington.

Pierce County, WA

Daniel A. Kropf

Automotive repair shop in Gig Harbor, Washington.

King County, WA

DB2 Seattle LLC

Partially completed eight-unit live/work/condo/townhome project in Seattle, Washington.

Pierce County, WA

Discover Books

Bookseller with sales of $57.1MM per year and 249 employees with physical locations in seven states and doing business in 46 states.

Kitsap County, WA

Duck Properties, LLC

Eight-unit multi-family development in Bremerton, Washington.

Chelan County, WA

Eastern WA Construction

14 condominium units in seven different partially completed structures located in Manson, Washington. The legal jurisdiction for this receivership was Clark County, Washington.

Pierce County, WA

ESW Group

Commercial building with a retail tenant in Tacoma, Washington.

Kitsap County, WA

Everett

1.21-acre residential property in Poulsbo, Washington.

Kitsap County, WA

Everett

7.48-acre residential property in Poulsbo, Washington.

King County, WA

Evergreen Point 1465, LLC

6,320 square foot, 5 bedroom home on 115 feet of no-bank Lake Washington waterfront in Medina, Washington.

King County, WA

Express Linen

Commercial property with a linen supplier tenant in Seattle, Washington.

King County, WA

Festivals, Inc.

Event promotion company responsible for putting on Bite of Seattle, Taste of Tacoma, and Oktoberfest in Puyallup, Washington.

Jefferson County, WA

Fort Worden Lifelong Learning Center Public Development Authority

Washington Public Corporation, created by the City of Port Townsend in 2009, to promote, develop, manage, and secure funding for Fort Worden.

King County, WA

G3K Villa Maria, LLC

11-Unit apartment building in Seattle, Washington.

King County, WA

Gaemi Group

Restaurant business in the University District of Seattle, Washington.

King County, WA

Galvin Flight Maintenance, LLC

Flight training and maintenance facility in Seattle, Washington.

King County, WA

Galvin Flight Training, LLC

Flight training and maintenance facility in Seattle, Washington.

King County, WA

Garden Ridge

Multi-family residential property on 4.94 acres in Renton, Washington.

Snohomish County, WA

Green Fire Production, Inc.

I-502 licensed cannabis | Tier 3 producer/processor operated in more than 30,000 square feet in two warehouse locations. 10th largest producer/processor in Arlington, Washington.

Pierce County, WA

Green Firs Village

42-unit apartment community in Tacoma, Washignton.

King County, WA

Henderson Place Condominiums

Nine-unit apartment condominium building in West Seattle, Washington.

Kitsap County, WA

Hern

13.87-acre mixed use commercial property in Poulsbo, Washington.

King County, WA

ICP, Inc.

Sealant distributor in Woodinville, Washington.

King County, WA

JDH Investment Group

Diamond Valley Estates: 79 acres platted for 200 single family homes in Auburn, Washington.

Snohomish County, WA

Johnson Investment Company

107-unit apartment community located in Everett, Washington. Legal jurisdiction for this receivership was in Pierce County, Washington.

King County, WA

Jose T. Enciso

Single-family home in Fall City, Washington.

Pierce County, WA

J.P. McGivney

Two single-family residential properties in Gig Harbor and Fox Island, Washington.

Kitsap County, WA

Karin Kay

Historic single-family residence zoned for commercial use in Bremerton, Washington.

King County, WA

Lane

Luxury single family residential property in Issaquah, Washington.

Pierce County, WA

Lathrop Management and Investments, LLC and Seattle Gear Company, LLC

I-502 licensed cannabis producer/processor in Tacoma, Washington.

King County, WA

Law Office of James L. Strichartz

Law firm in Seattle, Washington.

Seattle | King County, WA

Legacy Bellevue 530, LLC

Single family residential property in Seattle, Washington.

Pierce County, WA

Linmar-Tacoma, LLC

Historic six story, 74,360 square foot office/retail building in Tacoma, Washington.

Okanagan County & Pierce County, WA

L&P Development

Portfiolio including multiple parcels of vacant land in Okanogan and Pierce Counties in Washington.

Kitsap County, WA

McClenahan

Auto repair facility in Bremerton, Washington.

King County, WA

McKay Chadwell

Single family residential property in Seattle, Washington.

King County, WA

Meydenbauer House

Condominium unit in Bellevue, Washington.

Grays Harbor County, WA

M&M Harbor Properties, LLC

Portfolio of seven distinct properties including an 11-unit apartment building, a multi-purpose commercial building, a 52-Unit storage facility, a 19-unit mobile home park, and two manufactured homes in Elma, Montesano, and Aberdeen, Washington.

Pierce County, WA

Mountain Container

Shipping/cargo container sales and leasing business in Tacoma, Washington.

Island County, WA

Muleskinners, Inc.

Commercial office building and an 11-unit apartment building located in Oak Harbor, Washington. Legal jurisdiction for this receivership was in Whatcom County, Washington.

Whitman County, WA

NB Commons

Timberline on the Green, an 800+-unit student housing development in Pullman, Washington.

King County, WA

Northwest Hand Specialists, Inc., P.S.

Ambulatory surgery center focused on orthopedic surgery and sports injuries to the hand and wrists with offices in Shoreline and Woodinville, Washington.

King County, WA

Pacifica Counseling, LLC

Chemical dependency outpatient treatment services clinic in Seattle, Washington.

King County, WA

Pacific Cannabis Development

Cannabis holding company in Renton and Seattle, Washington.

Yakima County, WA

Pak Lee

Multi-tenant retail building in Selah, Washington.

King County, WA

Parmenter

Portfiolio including working farm, residential properties, and multiple parcels of undeveloped land in Duvall and Redmond, Washington.

King County, WA

Pensione Nichols

Single family residential property in Seattle, Washington.

King County, WA

PicoBrew, Inc.

Consumer product development company that designed and manufactured home beer brewing appliances in Seattle, Washington.

Pierce County

Pinnacle-Steilacoom Boulevard, LLC

Medical office complex located in Tacoma, Washington. Legal jurisdiction for this receivership was in King County, Washington.

King County, WA

PTLHW Foods - Unified Grocers

Full service grocery store located in a shopping center in Normandy Park, Washington.

King County, WA

RCO Legal Services - Northwest Trustee Services

Law firm and a trustee company conducting 50,000 foreclosures per year in 17 different states.

Snohomish County, WA

Reserve Consultants NW, LLC

Consulting firm that advises on HOA/Condominium reserve accounts in Edmonds, Washington.

Snohomish County, WA

Ridgewood View, LLC

Eight-unit apartment building in Everett, Washington.

Kitsap County, WA

Ross Land & Cattle LLC

Multi-unit commercial building with commercial and retail tenants in Kingston, Washington.

King County, WA

Royal Creek LLC

15 planned and partially completed single family residential townhome structures in Renton, Washington.

Skagit County, WA

Secret Harbor

Non-profit organization in Burlington, Washington providing therapeutic treatment for youth in crisis including essential foster care and in home treatment.

Kitsap County, WA

Seven Seas Investment, Inc.

Commercial property with a restaurant tenant in Bremerton, Washington.

Snohomish County, WA

Shiraz Specialty Pharmacy

Compounding Retail pharmacy that prepared custom medications for retail customers and had 30+ employees in Mountlake Terrace, Washington.

King County, WA

SH & SI Holdings, LLc

Partially completed townhome project in Seattle, Washington.

King County, WA

Steller, Inc.

Electronics components business in Kirdland, Washington.

Kitsap County, WA

Stocking Living Trust

22-Unit apartment building in Bremerton, Washington.

Snohomish County, WA

Surecrete, Inc.

Real property and business engaged in selling concrete products in Lynnwood, Washington.

King County, WA

Sustainable Fiber Technologies, LLC

Biotechnology company in Dayton and Renton, Washington.

King County, WA

Thompson

Six-unit apartment building in Seattle, Washington.

King County, WA

Tuncer, LLC

8-unit commercial building in Auburn, Washington.

Pierce County, WA

Twenty Plus, LLC

I-502 licensed cannabis, Tier III producer/processor in Tacoma, Washington.

King County, WA

University Twenty, LLC

20-unit mixed-use apartment/retail building in Seattle, Washington.

King County, WA

Valley Dental

Dental practice in Renton, Washington.

King County, WA

VisibleBrands, Inc.

Digital in-store advertising technology company in Redmond, Washington.

Pierce County, WA

Voight Creek Estates

Subdivision consisting of 17 finished but undeveloped lots in Orting, Washington.

King County, WA

V.S Investment Assoc.

Four partially completed lofts/single family homes plus single family home in two locations: Seattle and Marysville, Washington.

Pierce County, WA

Welle Inc.

Importer, trader, & distributor of highway safety prodcts and warehouse for several national building and highway landscaping companies in Lakewood Tacoma, Washington.

King County, WA

Wong

Personal receivership with 90+MM in judgment liens and $65+MM in unsecured debt. Economic interests in multi-family real estate development firm with eleven (11) project level subsidiaries holding more than 1,500 units in design stage to operating.

Chelan County, WA

Yacinde Condominium Association

48-unit lakefront condominiums with operating timeshares at Wapato Point Resort in Chelan, County. Legal jurisdiction for this receivership was in King County, Washington.