Sentence examples for receivership that from inspiring English sources

In 2008 the tottering companies were bailed out by the Treasury and placed in "conservatorship", a sort of receivership that puts their regulator in control of their affairs.

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.

Mr. Vallone, whose father was speaker of the City Council and whose brother serves on the Council, said that he had been appointed as a receiver just four times in two decades, and that the receivership that paid him $16,600 lasted from 2008 to 2010.

The five members of the steering committee of the foreign banks, meeting today in Hong Kong, voted unanimously to approve the agreement, under the threat of a plan for court receivership that would have meant they would have received far less.

While on the bench, records show, Michael and Gerald Garson have regularly done what many of their counterparts have done for years: dispensed any number of the appointments and receiverships that are a main source of extra income for many lawyers to a core group who have been major powers within the Brooklyn Democratic Party.

We need a special receivership process that is outside bankruptcy, patterned after the one we use for insured banks and thrifts.

In Suntech's case, the bankrupt operating unit has been turned over to a local government to manage while in receivership, and that government has been trying to protect jobs.

The rents for the shops were just too high to support the business and at the end of the year, Pentos took the unusual step of putting the stores into receivership, fearing that its losses would drag down the rest of the group, which includes Dillons bookshops.

They also wanted the power to put the companies into receivership, hoping that would end what Mr. Card, the former chief of staff, called "the myth of government backing," which gave the companies a competitive edge because investors assumed the government would not let them fail.

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.

Unfortunately, Grace has quite a good line in sending places into receivership – like that South African restaurant she complained about because there was a woman banging on the toilet cubicle trying to sell her a Chupa Chups, and because their loin of springbok tasted – she said – like "vulcanised leather amalgam".