Sentence examples for appointment of trustees from inspiring English sources
A1 Standoff on Benefits Programs President Bush and the Senate are at an impasse over the appointment of trustees for Social Security and Medicare, crippling the panel that supervises the two programs.
Despite having presided over numerous examples of conflicts of interest and accusations of cronyism in the appointment of trustees etc, you might be forgiven for thinking that Sir Nicholas Serota is de facto Tate president for life and that the contemporary art world is now moulded in his image.
Other trusts reform came about through the Trusts of Land and Appointment of Trustees Act 1996, but this did not cover most of trusts law.
Until the passage of the Act, trustees had no right to purchase land with trust money, with two exceptions; first, if the trust instrument authorised or required the trustee to purchase land and second, Section 6(4) of the Trusts of Land and Appointment of Trustees Act 1996, which allowed trustees to buy land either as an investment or for habitation by the beneficiaries.
The conditions attached to concordat include the appointment of three trustees to monitor the restructuring of the company: a lawyer, an accountant and an auditor.
MISMANAGEMENT CHARGED The United States trustee has filed a motion seeking the appointment of a trustee in the Dynegy Holdings bankruptcy case, citing "gross mismanagement by current management".
The United States trustee has filed a motion seeking the appointment of a trustee in the Dynegy Holdings bankruptcy case, citing "gross mismanagement by current management".
The union has also filed a separate motion seeking the appointment of a trustee to run the airline.
Appointment of a trustee would be an extraordinary step that is generally taken only in the case of fraud or clear mismanagement.
The appointment of a trustee has taken place only a few times in the case of airlines that have emerged from bankruptcy.
The government is not accusing them of any specific wrongdoing at this time, but is seeking the appointment of a trustee to help untangle the company's complex financial condition, the court filing said.
