Practice Expertise
- Litigation
Areas of Practice
- Litigation
- Fiduciaries, Receivers & Trustees
- Latin America Practice
Profile
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.
Bar Admissions
- California
Education
- University of San Diego School of Law, J.D.
- University of Buenos Aires/University of Belgrano, Certification in International Business Law
- University of California, Los Angeles, B.A.
Areas of Practice
- Litigation
- Fiduciaries, Receivers & Trustees
- Latin America Practice
Professional Career
Articles
Solutions and Alternatives to Bankruptcy in the Cannabis Industry and Financing Options Available
By Richard Ormond, Richard P. Ormond |May 2020
- How to Secure an Interest in Intellectual Property
- Opinion: Is the House Getting it Right on Patent Reform?
- Private Practice Court Rules Regarding Private Information in Filings and Pleadings
- The Receiver Strikes Back: Navigating Coordinated Tenant Rent-Strikes Through a Receivership
- Consider a Receiver for Your Restructuring and Turnaround
- “Zip It” on Asking for ZIP Codes: New Supreme Court Decision
- Receiverships Boom
- How Safe Is Your Security Interest in Intellectual Property? Five Tips That Protect You
- Receiverships: Maximizing Returns From Distressed Real Property
- The Impacts of South Korean Hanjin Shipping Co Ltd. Filing for Court Receivership
- Receivership as a Legal Remedy: Breaking down receivership; advantages and impact of enacting receivership
- Cannabis, Cash, and Crime
- Solutions and Alternatives to Bankruptcy in the Cannabis Industry and Financing Options Available
- Solutions & Alternatives to Bankruptcy for Cannabis Businesses
- Receivership in Real Estate Transactions
- Receivership in Real Estate Transactions
- Social Equity in California Cannabis Needs to be more than a Political Photo-opportunity
- The Danger Factor in Receiverships: Be Smart
- Richard Ormond to Speak at the LACBA Remedies Section Meeting
- Richard Ormond, Moderator at the Spring 2013 Trigild Lender Conference
- Richard Ormond to Speak at the CRE Finance Council Distressed Debt Summit
- Richard Ormond, Panelist, at the California Receivers Forum Annual Insolvency Conference
- Richard Ormond to Speak at the 12th Annual Trigild Lender Conference
- Richard Ormond to Speak on Receivership Law and Pre-Foreclosure Strategies
- Richard Ormond, Panelist at the Investment Trends Summit
- Richard Ormond to Moderate REOMAC’s Commercial Luncheon
- Richard Ormond to Speak at the 4th Annual TMA Western Regional Conference
- Richard Ormond to Speak at the REO Super Summit
- Richard Ormond to be Moderator of the California Receivers Forum Luncheon
- Richard Ormond to Speak at Receiver’s Forum Event
- Richard Ormond speaking at Counselor’s of Real Estate Conference
- Richard Ormond moderating at California Receivers Forum
- Richard Ormond speaking at CRF Loyola IV Receivership Law and Practice Conference
- Richard Ormond speaking at Amber Hotel Company
- Richard Ormond and Josh Mogin presenting at CCIM Greater Los Angeles
- Richard Ormond presenting at CRF Summer/Fall Education Programs
- Richard Ormond, panelist at CRF Insolvency Conference
- Richard Ormond speaking at Amber Hotel Company
- Richard Ormond, Panelist at the 2013 Trigild Lender Conference
- Richard Ormond, Panelist at the LMA Bay Area Chapter Event
- Richard Ormond, Moderator at the West Coast High Yield Real Estate Finance Summit
- Richard Ormond, Panelist at the Trigild Lender Conference
- Richard Ormond Presents Strafford Webinar
- Richard Ormond, Speaker at the Trigild Lender Conference
- Richard Ormond, Speaker at the Trigild Lender Conference
- Richard Ormond, Speaker at the REOMAC Luncheon
- Richard Ormond, Panelist at the California Bankruptcy Forum’s 28th Annual Insolvency Conference
- Richard Ormond, Panelist at the Trigild Lender Conference
- Richard Ormond, Moderator at Trigild Lender Conference
- Richard Ormond, Producer and Moderator at California Receivers Forum
- Richard Ormond, Featured Speaker at Investing In CA Real Estate Seminar
- Richard P. Ormond, Speaker at the REOMAC Annual Meeting, Emerging Economic Trends Impacting Real Estate
- Richard P. Ormond, Speaker at Loyola VII
- Oren Bitan and Richard Ormond, Panelists at “Loyola VII Symposium - Shedding Light on the Future” Event
- Oren Bitan and Richard Ormond, Panelists at the “USC Real Estate Law & Business Forum”
- Oren Bitan and Richard Ormond, Speakers at the “Regional Mayor’s Summit”
- Richard P. Ormond, Speaker at REOMAC 2017 Annual Summit and Expo
- Richard P. Ormond, Speaker at the Long Beach Commercial Real Estate Council
- Cannabis Networking and Education Event
- Richard Ormond, Speaker at National Business Institute
- Cheryl M. Lott and Richard P. Ormond, Speakers, California Bankers Association, “Bank Counsel Seminar”
- Curious About Cannabis? A Four-Part Overview
- Richard Ormond, Speaker at the California State of Cannabis 2017
- Richard P. Ormond, Speaker at April 2018 CCIM Lunch & Learn
- Richard Ormond Featured Guest on Stella Oak Mavens Podcast
- Oren Bitan and Richard Ormond, Speakers at Pincus Professional Education
- Oren Bitan and Richard Ormond, Speakers at the Commercial Real Estate & Lending Conference
- Richard Ormond, Moderator at The State of Cannabis 2018
- Richard Ormond, Speaker at The Business of Marijuana Seminar
- Richard Ormond, Moderator at Cannabis Business Law Conference
- Richard Ormond, Visiting Professor at Loyola Law School
- Richard Ormond, Speaker at the California Receivers Forum
- Oren Bitan & Richard Ormond, Speakers at Western Bankers Association 2021 Regulatory Compliance Conference & Cannabis Forum
- Richard Ormond, Panelist at NCIA’s Cannabis Business Summit & Expo
- Richard Ormond Speaker, at the next Receiverships ABA Webinar
- Oren Bitan and Richard Ormond, Speakers at Western Bankers Association 2022 Annual Conference
- Richard Ormond and Anthony Martin Guest Speakers, BSA Officers Round Table
- Richard Ormond Presenter at Infocast California Cannabis Control Conference
- Richard Ormond, Speaker at the Los Angeles County Bar Association
- A Bank’s Options for Disposing of Distressed Real Property: Analysis of the Benefits and Risks of Note Sales, Deeds in Lieu, Foreclosure and Other Available Remedies
- Lessons from the Trenches: Making Receiverships more Efficient for Judges, Lenders, Borrowers, and Receivers
- Intellectual Property Collateral: Risks, Liabilities and Foreclosure on Intellectual Property
- Lessons from the Trenches II: Making Receiverships more Efficient for Lenders and Receivers
- Making Lemons Out of Lemonade: Employing Counsel to Pursue Estate Assets Through Vicariously or Directly Liable 3rd Parties
- Webinar: Updates on Cannabis Regulations, Laws and How to Protect Your Blends, Strains, Recipes and Customer List
- Webinar: Financing the Emerging Cannabis Markets: Managing Risks and Opportunities
- Strafford Webinar: Receiverships for Distressed Commercial Real Estate
- Western Bankers Association Webinar: ADR, Litigation and Technology in the Time of COVID Restrictions
- Strafford Webinar: Receiverships for Distressed Commercial Real Estate: Lender, Servicer, and Potential Buyer Concerns
- Tips About Legal Fees
- The Real Estate Crowdfunding Show: Cannabis Real Estate In the U.S.
- The Real Estate Crowdfunding Show: Key Real Estate Terms You Need to Know As Opportunities Emerge
- Richard Ormond Featured on WBA Banking Insights Podcast
- WHAT THE BUCH? Post-COVID Podcast Series: Trials and Mediations in a Post-Covid World
- WHAT THE BUCH? Post-Covid Considerations for Businesses: Labor & Employment Issues
- What The Buch: Cannabis Industry & White Collar Investigations
- ABA Podcast: PPPs, Loans, Receiverships and ABCs Podcast
- Richard P. Ormond, Guest on the Haze Radio Network
- Richard Ormond Featured on the The NPR Podcast “Airtalk”
- Evictions, homelessness, debt: Skid Row Housing Trust receiver has checkered history
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