Richard Ormond of Stone Blossom Capital joins Navigating Receiverships to discuss the MedMen receivership.

About Richard

Richard Ormond has over 26 years-experience that includes bank and finance law, real estate, receivership law, banking regulations and restructuring.

His areas of expertise include advising financial institutions and lenders regarding secured transactions, lending in regulated industries, developing compliance and underwriting protocols, Treasury and FinCEN compliance (inclusive of KYC, AML and BSA) and managing of distressed loan facilities.

Mr. Ormond has tried cases in State Court, Federal Court and Bankruptcy Court and he has arbitrated dozens of matters. Mr. Ormond also served as President of the California Receivers Forum and is the former Chair of the Remedies Division of the Los Angeles County Bar Association. Mr. Ormond also teaches Continuing Legal Education courses on lending, receivership law, regulated industries and securitization of assets.

In 2018 Mr. Ormond was nominated for the prestigious “Leader in Law” award by the Los Angeles Business Journal and he was previously selected as one of “Los Angeles’ Top 100 Lawyers.” He is repeatedly recognized as a “Super Lawyer” and he was recently selected as one of the “Top Cannabis Law Experts in the United States” by Databird Research Journal.

Mr. Ormond is also an adjunct professor of law at Loyola Law School in Los Angeles.

About Navigating Receiverships

Navigating Receiverships is a podcast brought to you by the Commercial Receivers Association. Navigating Receiverships brings stories from different receivership and insolvency actions in which our members came into a difficult situation and were able to successfully navigate the landscape. Our members share their story in an effort to both educate and entertain our listeners.

Randall Coxworth of Stoneturn joins Navigating Receiverships to discuss a New York City property fraught with challenging circumstances.

About Randall

Randall Coxworth, a Partner at StoneTurn, guides clients planning and undertaking large-scale capital projects, drawing on his 25 years of executive experience in management consulting and construction.

Randall specializes in program and project management services, including strategic delivery, risk identification, contract control assessments, and process performance reviews. He supports clients throughout all stages of a project, from forecasting and establishing financial, reporting, and accounting procedures through execution and completion. He also collaborates with clients on strategic assessments, global planning, oversight and control structures, stage-gate process design and implementation, efficiency, reporting, transparency, and integrations.

Randall has been retained on capital project matters as an expert in construction, construction management, and project management standard of care throughout the United States.

Prior to joining StoneTurn Randall held senior leadership positions at Ankura and Protiviti as well as at a privately-held construction firm. Randall also served honorably as a United States Marine prior to starting his professional career.

About Navigating Receiverships

Navigating Receiverships is a podcast brought to you by the Commercial Receivers Association. Navigating Receiverships brings stories from different receivership and insolvency actions in which our members came into a difficult situation and were able to successfully navigate the landscape. Our members share their story in an effort to both educate and entertain our listeners.

Stacey Hampton of Asset NOI joins Navigating Receiverships to discuss a particularly challenging disposition of an apartment complex.

About Stacey

Stacey brings more than 25 years’ experience in real estate at the asset and property management company level. Obsessive commitment to maintaining the highest level of knowledge of emerging trends and improving technologies that serve all aspects of the multifamily industry and its professionals.

Asset NOI is an extension of Stacey's decades-long obsession with positively impacting the multifamily ecosystem. She has done this by increasing revenue, reducing expenses, and mitigating risk. Simple enough right? Not exactly, there are hundreds of backend settings in your operating software alone that impact NOI, and that’s just the software. There are thousands of decisions and actions/inaction that produce the NOI of any asset.

About Navigating Receiverships

Navigating Receiverships is a podcast brought to you by the Commercial Receivers Association. Navigating Receiverships brings stories from different receivership and insolvency actions in which our members came into a difficult situation and were able to successfully navigate the landscape. Our members share their story in an effort to both educate and entertain our listeners.