Sentence examples for A receivership from inspiring English sources

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Exact(32)

A receivership is properly an intermediate or incidental step toward some other principal objective and not generally the object of litigation.

A receivership may be general in character in that it comprises all the assets of the individual, partnership, or corporation, or it may be special, involving only the property subject to litigation.

We also need a receivership process to handle nonbanks and all financial service holding companies.

He likened the consent decree to a trusteeship or a receivership.

Debenhams will very likely end up either with a successful Company Voluntary Arrangement or a Receivership.

OLA has a mechanism for supplying liquidity to a troubled bank: the FDIC provides funds at the same time it replaces the old management in a receivership.

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Similar(28)

The agency states in a recently proposed rule that the orderly liquidation of a failed financial institution "may best be accomplished by establishing a single receivership of a parent holding company and transferring valuable operations and assets to a solvent bridge financial company, including the stock or other equity interests of the company's various subsidiaries".

"A compliance director is as close to a federal receivership as we could get," said John Burris, a lawyer who was involved in the original lawsuit and who also pushed for a federal takeover last year.

The difference between a "stress test" and the process of a government receivership is that the former allows the government to disguise how bad things are, while the latter forces the issue and gets on with the cure.

Instead, a new regime is created to put big institutions into what is hoped to be an orderly receivership that avoids a general financial panic, something that unfortunately happened when Lehman Brothers filed for bankruptcy in September 2008.

There was a second receivership in 1934.

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