Who We Are

About CRA

Receivership is and continues to be a viable option for creditors to reclaim their interest in financially distressed companies.

Creating the CRA was in part informed by the effort to adopt uniform receivership laws to allow for a consistent source of information about the movement in this space throughout the country. Members will now have one place that will provide current information on the law and on opportunities to participate in receiverships.

The CRA mission is to support its members and help improve the use of commercial receiverships nationally and in each state in which we operate. CRA members have access to listing in the DailyDAC State Court Receivership directory. If you’re looking for a CRA professional to support your receivership this is a great place to access professionals across the country.

For information on regulatory receivership proceedings and federal equity receiverships (receiverships initiated by state regulatory and law enforcement officials), please visit the National Association of Federal Equity Receiverships (NAFER) at this link: www.nafer.org

Become a Member

Our Mission

Empowering the Education and Standardization of Commercial Receivership Administration while providing education, networking and practical resources for our members.

Meet Our Board

Eric Peterson

Of Counsel | Spencer Fane

Eric represents companies in need of financial restructuring whether through bankruptcy, receivership, or workout negotiations, and he represents banks, investors, creditors, and financial institutions in maximizing recoveries on unpaid debt. He has a breadth of experience in utilizing judicial processes when necessary, and is regularly recognized as being among the best litigation attorneys in America. He is also trained as a mediator.

Eric Moraczewski

CEO | NMBL Strategies

Eric works with companies of all industries assisting in turnarounds, receiverships and change management. Eric’s experience with small businesses, nonprofits and public-private partnerships, especially his financial acumen within these groups, allows Eric to bring a broad knowledge base to his work as a receiver and consultant.

Sonette Magnus

Partner | Thompson Coburn

Sonette T. Magnus counsels corporate clients through all phases of commercial litigation, including pre-suit evaluations, discovery, mediation, expert witness preparation, trial preparation and when advisable, trial. She regularly creates and implements litigation strategy, always being mindful of the external factors that can influence a trial (such as geography, socio-economic realities, and jury composition).

John Cruciani

Partner | Husch Blackwell

Leader of the firm’s Insolvency & Commercial Bankruptcy team, John counsels clients on bankruptcy, insolvency, creditors’ rights and commercial litigation matters. He regularly represents debtors, trustee, creditors, committees and buyers in bankruptcy actions, and he has substantial bankruptcy experience within the manufacturing industry. He effectively defends many bankruptcy preference and fraudulent transfer actions on behalf of manufacturers and other firm clients. He is board-certified in business and consumer bankruptcy law by the American Board of Certification and is a CPA in Missouri.

Emily Cantwell

Partner | Lathrop GPM

Emily Cantwell is a litigation attorney whose practice focuses on business litigation, specifically in the areas of commercial, banking and real estate litigation, loan enforcement, employment, title disputes, and mechanic’s liens. Emily serves as the Partner in Charge of the firm’s St. Louis office. Emily has handled multiple receiverships for her clients, ranging from small commercial properties to expansive multi-unit buildings. Serving as counsel for both lending institutions and the receivers, Emily is well versed in the requirements and issues surrounding this unique remedy available to her clients.

Have Questions?

If you have any questions or comments, please contact us. We are happy to talk about the value we bring to your organization, the importance of education on receiverships or the value of receiverships as a whole.