Examples of Receivership court in a sentence
Receivership court" means the court in the impaired or insolvent insurer's state having jurisdiction over the conservation, rehabilitation or liquidation of the insurer.[PL 2005, c.
Gottra, 1905.5. Lease — purchase of house — John Henderson Papers, 1898.6. Receivership court records — Suit over 1922 taxes.7. Sale of properties — M.
Receivership court" means the court in the insolvent or impaired insurer's state that has jurisdiction over the supervision, rehabilitation, or liquidation of the insurer.
Even if the Receivership court or a subsequent bankruptcy court were to set aside some amount, it will not cover the full amount paid by students following the loss of accreditation, which exceeds $25 million dollars.5 The Receiver’s May 30, 2019 cash flow statement, for example, shows that sources of cash exceed uses of cash by less than $600,000.
By SBA as Receiver subject to prior approval from the Receivership court, which may require the consent of all LPs. If no broker is engaged, sales efforts will be undertaken by the SBIC’s management team or by the Receivership agent subject to your oversight.