Receiver Appointment
/rɪˈsiːvər əˌpɔɪntmənt/
Definitions
- (n.) The legal act of designating a receiver to manage or liquidate a debtor's property under court authority.
The court issued a receiver appointment to oversee the company's assets during bankruptcy proceedings.
Forms
- receiver appointment
Related terms
See also
Commentary
Receiver appointments are typically issued by courts in insolvency or enforcement contexts to protect and manage assets, ensuring clear allocation of rights and duties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.