receivership (cf. UK and Canadian English)
English translation: Official Receiver/Trustee in Bankruptcy
| 15:56 Mar 5, 2010 |
| English language (monolingual) [PRO] Law/Patents - Law: Contract(s) | |||||||
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|  Selected response from: Peter Nicholson (X) Poland Local time: 08:56 | ||||||
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| 4 | Official Receiver/Trustee in Bankruptcy |
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| 3 +1 | Administration |
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| 4 | appointment by a court of a receiver to take custody of the property |
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| receivership |
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| Discussion entries: 2 | |
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Answers
5 mins confidence: 
| receivership (cf. uk and canadian english) Official Receiver/Trustee in Bankruptcy Explanation: . -------------------------------------------------- Note added at 6 mins (2010-03-05 16:03:00 GMT) -------------------------------------------------- The Official Receiver is appointed by the court and manages the insolvent company until a Trustee in Bankruptcy is appointed. http://www.insolvency-advice.co.uk/Bankruptcy/Official-Recei... |
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12 mins confidence: peer agreement (net): +1
peer agreement (net): +1| receivership (cf. uk and canadian english) Administration Explanation: UK context Receiver or receivership - called in by a bank or other creditor. Administrator or administration - appointed by the court If your definition of "receivership" is right in Canada, that means "administration" in UK. See at http://www.tollers.co.uk/84--business-recovery-insolvency-ad... |
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1 day 6 hrs confidence:
| receivership (cf. uk and canadian english) appointment by a court of a receiver to take custody of the property Explanation: receivership n. the process of appointment by a court of a receiver to take custody of the property, business, rents and profits of a party to a lawsuit pending a final decision on disbursement or an agreement that a receiver control the financial receipts of a person who is deeply in debt (insolvent) for the benefit of creditors. Thus, the term "the business is in receivership." (See: receiver) -------------------------------------------------- Note added at 1 day6 hrs (2010-03-06 22:44:03 GMT) -------------------------------------------------- http://legal-dictionary.thefreedictionary.com/Receivership |
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Reference comments
3 mins |
| Reference: receivership Reference information: Yuri, perhaps this will help: http://en.wikipedia.org/wiki/Receivership#United_Kingdom_pro... http://www.guardian.co.uk/business/2009/jan/05/recession-ret... |
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