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In law, receivership is a situation in which an institution or enterprise is held by a receiver – a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights" – especially in cases where a company cannot meet its financial obligations and is said to be insolvent. [1]
A federal judge ruled that New York City was in violation of 18 different provisions of a court-enforced plan to clean up the infamous Rikers Island jail complex.
The receivership ended in September 2000. [8] In 2010, a long-time inmate of the D.C. Jail claimed that nine years in the D.C. Jail was equivalent to 20 years in another prison. The inmate told of moldy jail cells, questionable strip searches, broken locks on cell doors, staph infections, rodents and violent assaults. US District Judge Thomas ...
Ex-Jets WR Josh Bellamy was sentenced to 3 years in prison for illegally acquiring loans meant to help businesses during the pandemic
(The Center Square) – New York City's notorious Rikers Island jail is likely to be taken over by the federal government after a judge ruled the city in contempt of court for failing to deal with ...
As a result of the case, the CDCR's prison medical conditions were found to be in violation of the Eighth Amendment to the United States Constitution. After repeated violations of a stipulated agreement and order for injunctive relief, the CDCR was held in civil contempt and the medical health care system was placed in receivership.
As a result of convictions officers of finance companies were sentenced to a total of 707 months of prison. [18] Examples of successful prosecutions include: three Nathans Finance directors were found guilty of making untrue statements in the company's prospectus, two received prison sentences of over two years, one received a sentence of home ...
Ninteen Petersen Health Care facilities across Illinois and in Missouri have been placed in receivership over the past few weeks. More: Petersen Health Care faces foreclosure on nearly $51 million ...