Definitions for "receivership"
A form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee.
A situation in which a lender holds a mortgage or charge over a company's property and a receiver is appointed to realize the assets charged in order to repay the debt.
If a company defaults in repaying a secured debt, the debtor may appoint a receiver to sell the assets secured until enough money has been raised to repay the debt. The company is in receivership while the receiver is appointed.
In the United States, a legal condition under which a state insurance commissioner takes control of and administers a financially impaired insurer's assets and liabilities. Also known as conservatorship.
generally refers to administrative receivership
The state of being under the administration of a receiver. A receivership removes the institution or company in receivership from its owners, who lose their equity. Since a receivership ends the corporate existence of an institution or company, it stops the payment of stock dividends and interest on debt. See conservatorship.... read full article
receivership - malignant pleural mesothelioma.
A court procedure to help a distressed debtor or to resolve a dispute. If this cannot be accomplished, liquidation may result.
a legal proceeding and is best handled by an attorney
Is a means of handling the estate of a distressed debtor. Its purpose is to rehabilitate, but if this cannot be accomplished, receivership proceedings will result in liquidation.
Keywords:  remedy, provisional
a provisional remedy
a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all
Keywords:  office
The state or office of a receiver.
Keywords:  hands, business, property
the state of property that is in the hands of a receiver; "the business is in receivership"
The process through which property is placed under the control of a receiver. See also Receiver Close