Phrases with «receivership order»

A "receivership order" is a legal tool that allows a court to appoint a third party, called a receiver, to take control of and manage the assets and affairs of a company or individual who is in financial trouble and cannot meet its obligations. This order enables the receiver to recover debts, sell assets, or make other financial decisions to help recover the situation. Full definition

receivership order

Sentences with «receivership order»

Arbitration — Award — Enforcement — Respondent failing to pay arbitration award — Claimant applying for third party debt order over letters of credit — Whether respondent was beneficiary of debt created by letters of credit — Situs of debt — Whether third party debt order should be made — Whether court entitled to make receivership order. (i-law.com)
Represented Mukhtar Ablyazov following the appointment of receivers over his assets, the largest receivership order ever made by the English Court. (shlegal.com)
It also considered the correct basis on which a court should exercise its discretion to make receivership orders, and the circumstances in which the State Immunity Act 1978, ss 13 (2)(b), 14 (2) and 14 (4) allow immunity from execution. (ukscblog.com)
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Phrases with «receivership order»

Sentences with «receivership order»

See also