Shareholder, Buchalter, P.C.
Richard Ormond is a Shareholder and a member of the Litigation Practice Group at Buchalter’s Los Angeles office. With an extensive background that includes business, real estate, banking, receivership law, cannabis regulations, commercial litigation, and work-out experience, Mr. Ormond is known for his ability to solve complex business issues for his clients. He also provides expertise regarding the complexities of the cannabis industry’s legal impact on investors, lenders, real estate, and related businesses.
Mr. Ormond has experience with matters involving investment concerns, business disputes, and debt facilities. He also guides his clients through their day-to-day legal concerns and considerations.
Representative clients include financial institutions, state and federal receivers, loan servicers, CUSO’s, private investors and investment funds, private equity groups, developers, high-net worth families and family offices.
His experience includes provisional directors, and other remedies, real estate solutions, cannabis industry considerations, and alternatives to bankruptcy including assignments for the benefit of creditors (ABC).
Mr. Ormond has tried cases before the Los Angeles Superior Court, the United States District Court, Central District of California, and the Bankruptcy Court of the U.S. District Court, and he has arbitrated before JAMS, Alternative Dispute Resolution, and the American Arbitration Association.
He also serves as the Chair of the California Receivers Forum and is the former Chair of the Remedies Division of the Los Angeles County Bar Association. He teaches Continuing Legal Education courses on high-yield debt issues, cannabis business law, receivership law and practice, dispute resolution, intellectual property issues, considerations for complex litigation and lender security in intellectual property.