Phrases with «receivership model»

The phrase "receivership model" refers to a situation where an independent person or entity is appointed to manage and oversee the affairs of a company or organization that is facing financial difficulties. This is usually done to protect the interests of the company, its creditors, and stakeholders, and to help resolve any financial problems and bring stability to the organization. Full definition

Sentences with «receivership model»

  • «When you have that level of accountability, I don't believe there's a need for a state receivership model because it's abundantly clear who's responsible and what tools we're going to put in place.» (nypost.com)
  • With the current superintendent stepping down at the end of the month, whoever takes over will have unprecedented control over five city schools under a receivership model approved as part of this year's state budget. (nystateofpolitics.com)
  • «Most of our schools have already set up or have identified who their community engagement teams will be, so we want to take it a step further so we are not being reactive but proactive with this receivership model(news.wbfo.org)
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