Search results
Results from the WOW.Com Content Network
Belongings of the Erie Rise Leadership Charter School were in disarray when the court-appointed receiver for the school took photos of the files on June 11 and 12, according to a report he ...
An insolvent fuel company is managed by a court-appointed receiver. [11] A U.S. District Judge appointed a receiver for the multi-level marketing company Equinox International in August 1999. [12] As of 2007, the receiver was authorized to distribute settlement funds from the now-defunct company to approved claimants. [13]
A receivership is when an external administrator known as a "receiver" (usually a "receiver and manager" if it requires controlling the company) is appointed by a secured creditor to sell off a company's assets in order to repay the secured debt, or by the court to protect the company's assets or carry out other tasks. [1]
The defendants argued that the agreements contained clauses that required disputes to be submitted to arbitration, [7] while the plaintiffs stated that, as a court-appointed officer, the Receiver was not bound by the debtor's contracts, and could seek the direction of the court in order to achieve the objectives of the Bankruptcy and Insolvency ...
In 1986 a state court appointed a receiver, Louis Schimmel, for the city of Ecorse which had a $6 million deficit. The court appointed receivership lasted until 1990. [1]The financial emergency status, along with the Emergency Financial Manager (EFM) position, was first created in Public Act 101 of 1988 for the specific emergency in Hamtramck.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
From 1989 to 1994 Miller was the jail and prison monitor for Judge Howell W. Melton in the United States District Court for the Middle District of Florida. From 1995 to 1997 Miller served as the court appointed receiver for Washington D.C.'s child welfare system.
[23] The court-appointed receiver has also reported that "there is a 'scattered matching of revenues and expenses' among all the former EDMC schools, making it difficult to determine the true financial picture at the schools in receivership and those controlled by Education Principle Foundation." [24]