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- nounreceivership (noun) · receiverships (plural noun)
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- Receivership is a legal process in which a court-appointed agent, called a receiver, takes custody of a company's assets or business123. This usually happens when the company is insolvent and cannot pay its debts412. The receiver's role is to liquidate the company's assets and repay the secured creditors413. Receivership is a remedy that protects the creditors' interests and prevents the company from further deterioration43.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
What’s the Definition of Receivership? The term receivership describes the process in which a ‘receiver’ is appointed by the creditor, typically a bank, to administer and ‘receive’ (i.e. liquidate) the company’s assets so the secured creditors can recoup their money.
www.companydebt.com/liquidation/receivership-m…In law, receivership is a situation in which an institution or enterprise is held by a receiver —a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent. [1]
en.wikipedia.org/wiki/ReceivershipReceivership is a legal remedy that exists in federal and state courts and provides an aggrieved party the option of placing an asset or business into legal custody, meaning that the court dispossesses the party in control of that asset or business and puts it into the hands of a court-appointed agent—the receiver.www.lexisnexis.com/community/insights/legal/pract…A receivership is a process or a solution that is put in place to protect a company. In its original meaning, a receivership can help creditors to recover amounts outstanding under a secured loan when the borrower defaults on its loan payments.
www.investopedia.com/terms/r/receivership.asp Receivership is a court-appointed tool that can help creditors recover funds or troubled companies avoid bankruptcy. Learn how receivership works, who requests it, and how it differs from bankruptcy. See more
A receivership is a court-appointed tool that can assist creditors in recovering funds in default and can help troubled companies avoid bankruptcy. Having a receivership in place makes it easier for a lender to obtain the funds that are owed to them if a borrower … See more
In the case of a restructuring, the appointed receiver generally has ultimate decision-making power over the company's assets and management decisions. This … See more
In general, a receivership is a process that is put in place to protect a company. A period of receivership may be thought of as a protective umbrella for a troubled company. During this … See more
Confusion over the terms bankruptcy and receivership is quite common. The fundamental differences are fairly straightforward. See more
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In law, receivership is a situation in which an institution or enterprise is held by a receiver – a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights" – especially in cases where a company cannot meet its financial obligations and is said to be insolvent. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real propert…
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WEBreceivership. n. the process of appointment by a court of a receiver to take custody of the property, business, rents and profits of a party to a lawsuit pending a final …
WEBReceivership is the office or function of a receiver, or the state of being in the hands of a receiver. A receiver is a person appointed by a court to manage the affairs of a debtor …
WEBnoun. , Law. the condition of being in the hands of a receiver. the position or function of being a receiver in charge of administering the property of others. receivership. / …
receivership Definition, Meaning & Usage | Justia Legal Dictionary
WEBDefinitions of "receivership" The role or duty performed by a legally appointed individual or entity, known as a receiver, who manages the assets and operations of a …
WEBRECEIVERSHIP meaning: 1. a situation in which a company is controlled by the receiver because it has no money: 2. a…. Learn more.
WEBMar 27, 2021 · A receiver is a person appointed to manage a company's assets, finances, or operations when it faces financial difficulty. Receivership is an …
WEBthe position or function of being a receiver in charge of administering the property of others.
Litigation, Overview - Receiverships
WEBA receivership is a provisional and equitable remedy in which a neutral person called a receiver takes control of property—typically a business, business assets, or real …
What Is a Receivership & How Does It Work? - TheStreet
WEBJul 25, 2023 · Bankruptcy is a legal process for debtors that liquidates assets to pay creditors. Receiverships aim to protect the assets of borrowers while claims are …
Unlocking the Essentials: What is Receivership? | Harney Partners
WEBNov 3, 2023 · Creditors: Receivership is an effective tool to protect the interests of creditors by ensuring that they are repaid to the greatest extent possible. Creditors …
Receivership Definition & Example | InvestingAnswers
WEBOct 1, 2019 · Receivership is a form of bankruptcy in which a court-appointed trustee reorganizes the bankrupt entity. Learn how receivership works, why it matters and …
receivership | Wex | US Law | LII / Legal Information Institute
WEBReceivership is a provisional remedy where a court appoints a receiver to oversee a party's property in a lawsuit. Learn how receivership works, when it is used, and what …
receivership noun - Definition, pictures, pronunciation and usage …
WEBDefinition of receivership noun from the Oxford Advanced Learner's Dictionary. receivership. noun. /rɪˈsiːvəʃɪp/ /rɪˈsiːvərʃɪp/ [uncountable] (law) the state of a business …
RECEIVERSHIP | English meaning - Cambridge Dictionary
WEBReceivership is a situation in which a company is controlled by a receiver because it has no money or is bankrupt. Learn more about the legal and business meanings of …
What Is Receivership? A Comprehensive Guide to Understanding ...
WEBJan 28, 2024 · At its core, receivership refers to a legal process in which a court-appointed individual, known as a receiver, takes control over the assets and …
Receivership: Definition & Overview - FreshBooks
WEBFeb 27, 2023 · KEY TAKEAWAYS. A receivership is a court-appointed tool that is used to help creditors to recover defaulted funds. It can also be used to help companies …
Receivership | Bankruptcy, Insolvency, Creditors | Britannica
WEBreceivership, in law, the judicial appointment of a person, a receiver, to collect and conserve certain assets and to make distributions in accordance with judicial …
RECEIVERSHIP definition and meaning | Collins English Dictionary
WEBMay 27, 2024 · Collins English Dictionary. Copyright © HarperCollins Publishers. Word Frequency. receivership in American English. (rɪˈsivərˌʃɪp ) noun. 1. Law. the duties or …
receivership noun - Definition, pictures, pronunciation and usage …
WEB[uncountable] (law) the state of a business being controlled by a receiver because it has no money Five hundred jobs were lost when the company went into receivership …
Receivership Definition & Meaning | Dictionary.com
WEBReceivership definition, the condition of being in the hands of a receiver. See more.
Receivership - Definition, Meaning & Synonyms | Vocabulary.com
WEBnoun. the office of a receiver. see more. noun. the state of property that is in the hands of a receiver. “the business is in receivership ” see more. noun. a court action that places …
College football all-transfer team: Highest-rated players at each ...
WEB3 days ago · Caleb Downs (Photo: Adam Cairns/Columbus Dispatch, USA TODAY Sports) (CB) Nyland Green, Purdue. (CB) A.J. Harris, Penn State. (S) Caleb Downs, Ohio State. …
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