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Receivership – Real Estate – Fixtures

By: Derek Hawkins//October 6, 2015//

Receivership – Real Estate – Fixtures

By: Derek Hawkins//October 6, 2015//

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Civil

WI Court of Appeals – I

Officials: Curley, P.J., Kessler and Bradley, JJ.

Receivership – Real Estate – Fixtures

2015AP143 Drexel Commercial Limited Partnership v. Rebecca R. DeMarb

Bouraxis, Ltd. appeals from an order approving the receivership sale of real estate, including the fixtures in the building, owned by Riverwood Village, LLC, which Bouraxis had been operating as an Omega restaurant. Bouraxis argues the “fixtures” were actually restaurant equipment or trade fixtures that it owned and should have been allowed to remove before the sale, or be paid its monetary value. Because the trial court did not err in finding that the items at issue were fixtures, we affirm.

Decision

Affirmed

Full Text


Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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