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An insolvent fuel company is managed by a court-appointed receiver. [11] A U.S. District Judge appointed a receiver for the multi-level marketing company Equinox International in August 1999. [12] As of 2007, the receiver was authorized to distribute settlement funds from the now-defunct company to approved claimants. [13]
Court fees payable on conviction unless good cause shown [8] Arizona: Court fees never available in a criminal case, even in cases of a bad faith argument [9] Arkansas: Court costs assessed on conviction or guilty plea; [10] $150 for misdemeanor or felony violation and $75 for local ordinance [10] California Colorado
A receivership is when an external administrator known as a "receiver" (usually a "receiver and manager" if it requires controlling the company) is appointed by a secured creditor to sell off a company's assets in order to repay the secured debt, or by the court to protect the company's assets or carry out other tasks. [1]
A Miami-Dade circuit judge has put his properties — 12 nearly finished townhouses and 12 lots — under a court-appointed receiver who is investigating Cox’s financial dealings.
A judge has appointed a receiver for the vacant Latitude Five25 apartments on the Near East Side. The receiver will create a plan to rehab the site.
Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. [1]
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Silven Properties Ltd v Royal Bank of Scotland [2003] EWCA Civ 1409 is an English land law case, concerning the behaviour of receivers appointed under mortgages.It affirmed the proposition that a lender (and its agents or receivers) are not required to incur expenses that would likely delay a sale beyond the normal period of marketing.