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Second, unlike companies, governments cannot be put on receivership, before a default even less so than afterwards.
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They want the Judge to impose a sort of receivership on the police, creating a dual internal authority as a check on the existing leadership.
He put off paying artists and at the time of his arrest in 1967 was on the brink of receivership.
"Our cities — and it ain't just Lansing — our cities are stumbling, many of them, on the edge of receivership," he said.
In a telephone interview, Mr. Holler said: "Our view is that Freed has done about as good a job as you can do in this economy, but that ultimately the project is dependent on funding from Bank of America, so we took a neutral position on the receivership".
On Friday, Ssangyong filed for receivership — similar to bankruptcy protection in the United States.
These include orders on injunctions, receiverships, and admiralty decisions.
Landsbanki appeared to be well-situated to survive as a going concern after another Icelandic bank--Glitnir--went into receivership on September 29, but the British regulators' action led to a run on Landsbanki, and forced it into receivership.
The New Yorker, August 3 , 1935P. 31 Paramount Publix went into receivership on January 26 , 1933
By Morris Markey The New Yorker, August 3 , 1935P. 31 Paramount Publix went into receivership on January 26 , 1933
The government is investigating some of the 10 banks already in receivership on suspicion of corruption, and more banks may be taken over.
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