answersLogoWhite

0


Best Answer

receiver is someone appointed to whom is vested the legal right to receive property belonging to a company

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is receivership?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is welcome in receivership?

Yes


What is equity receivership?

"equity receivership" may be taken to include allproceedings in which a receiver is appointed by an equity court for any purpose.


Is welcome finance in receivership?

Yes


Can a business be forced into receivership?

Yes. Receivership is just a fancy name for "bankruptcy where someone is appointed to collect money owed to the debtor to pay it to creditors."


What has the author Paul Lang written?

Paul Lange has written: 'The law and practice of administrative receivership and associated remedies' -- subject(s): Bankruptcy, Receivership 'Company receivership' -- subject(s): Bankruptcy, Receivership


What company owns the washingtonmutual website?

Washington Mutual is owned by JPMorgan after they purchased their assets back in 2008 when they where placed into receivership of the FDIC, they subsequently filed for Chapter 11 receivership


Where is the British Cotton and Wool Dyers company?

Went into receivership in 1983


What is meant by the term receivership?

Receivership is what occurs when a business has been placed under the control of a "receiver", who takes the responsibility for the institution's assets. This often occurs when a business has filed for bankruptcy, or has otherwise failed to follow its financial and legal obligations.


Is Manchester United under receivership?

No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.No it is not.


Is homedepot in receivership?

Home Depot is technically in retail. They are in competition with stores like Walmart and other home and hardware stores.


Does the Arms manufacturer Webley Scott still exist?

Webley & Scott went into receivership in 2005, and closed in December 2005


How do you obtain payment from a company in receivership?

You file a "prof of claim" with the court and wait in line. Frequently you only get pennies on the dollar owed.