Bank Hapoalim B.M. sued AllState Sales Group Inc. and other defendants in a case that resulted in the appointment of Province Fiduciary Services LLC as receiver in February 2026. The receiver, acting through Thomas Buck, was tasked with managing and disposing of receivership property to maximize value for creditors.
Judge Castner granted the receiver's request to sell equipment and vehicles 'free and clear of all mortgages, security interests, conditional sale or other title-retention agreements, pledges, liens, claims, judgments, demands, unrecorded easements, charges, restrictions of any kind, successor liability, alter ego or piercing corporate veil claims, transfer tax, bulk sales tax, mansion or any other similar tax.' The receiver's counsel at Duane Morris argued that the sales would 'maximize the value of the Receivership Estate.'
The court had previously entered a receivership order on Feb. 5, 2026, which authorized the receiver to sell receivership property upon further court approval. Paragraph 28 of that order specifically required court approval for any disposition of assets but allowed sales free and clear of encumbrances with liens attaching to the proceeds in the same priority.
The receiver is now authorized to proceed with marketing and selling the equipment and vehicles, with all proceeds to be disbursed according to the court's receivership order and any future court orders. The case appears to involve significant assets given the appointment of a receiver to manage and liquidate property.