0 a situation in which a company is controlled by the receiver because it has no money:
1 a situation in which a bankrupt company is under the control of a receiver:
Within hours of the business going into receivership, a bid was made for its wholesale business.
be in/under receivership Many sectors of the economy have companies that are in receivership.
put/place sth in receivership A federal judge has threatened to place the agency in receivership if improvements are not made.
buy/sell sth out of receivership Fellow board members backed Reichmann when he bought the company out of receivership.
administrative/court/voluntary receivership
They recommended that corporate reorganization, which had been carried out by means of equitable receivership, be incorporated into bankruptcy law and that wage earner amortization plans be incorporated as well.
That fallout is the implications for those who have been conducting receiverships for the past seven years.
Data for receiverships, bankruptcies and insolvencies are not available by type of agricultural producer.
This will, for example, enable the department to present evidence of fraudulent trading in circumstances such as receivership.
Last year there were 3,000 receiverships, 5,000 compulsory liquidations, 8,000 personal bankruptcies and 9,000 voluntary liquidations.
When government policies, by design or misjudgment, lead to a record number of receiverships, liquidations and bankruptcies that is damaging to the community itself.
It is not possible at this early stage of the receivership to assess the long-term prospect for employment in the company.
My constituents lost their pensions as a result of that revolving-door receivership.