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Administrative-Receivership-Approval of Sale of Assets-Sale of Securities

Staff Report//January 21, 2026//

Administrative-Receivership-Approval of Sale of Assets-Sale of Securities

Staff Report//January 21, 2026//

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The receiver moved for approval of the sale of publicly traded securities. The receiver was appointed for a private equity fund, with his compensation payable from the proceeds of receivership property. The receiver sought to sell 8,205 shares of publicly traded stock of a company, alleging that the stock price was volatile and that a sale would provide stable liquidity. Plaintiffs opposed, arguing that a limited sale of shares would better serve the fund.

Where a limited sale would preserve some value for the fund while also providing it with immediate liquidity for its operations, the court authorized the receiver to sell a limited number of shares, provided the share price was not below a specific threshold.

Receiver’s motion granted in part.

Oliver and Company v. Zamber (MLW No. 84234/Case No. 4:25-cv—132-MTS – 7 pages) (U.S. District Court, Eastern District of Missouri, Schelp, J.)

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