Examples of Receivership in a sentence
Fourth, the transfers were made in direct proximity of a legal dispute and litigation between CHFS and its most significant putative creditors in the Receivership Action, EFP and BHT, and Dr. Edwards.
Thus the Receivership Order contemplates that a trustee-in- bankruptcy other than the Receiver may be appointed.
On January 17, 2022, Morris Group learned of the Receivership Order.
To the contrary, the Receivership Order authorizes the Receiver to enter into agreements with “any trustee in bankruptcy appointed in respect of the Debtors”.
The Receivership Order does not specifically authorize the Receiver to act as trustee in bankruptcy in respect of the Debtors’ estates.