receivership :

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ri see ver ship

  • n  the state of property that is in the hands of a receiver
    the business is in receivership
  • n  a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all
  • n  the office of a receiver

  • He has announced that he will contest the proposed receivership.
  • Twelve years later it was again reorganized but escaped receivership.
  • Memories of a titan returned to Wall Street last week when Florida East Coast Railway was placed in receivership and control of the road passed from the estate of the titan's .
News & Articles

  • Salisbury Home Rehab Program Starts
    SALISBURY, Md. - The new Salisbury home receivership program, which allows the city rehabilitate, demolish, or sell vacant properties, is already underway.One home on North Division Street is the first.According
    June 13, 2013 - WMDT Salisbury
  • ICLE Publishes Guide to Receiverships in Michigan
    Patrick Mears, John Gregg and Daniel Yeomans have written a book on receiverships in Michigan that was published by The Institute of Continuing Legal Education in Ann Arbor. (PRWeb June 13, 2013) Read the full story at
    June 13, 2013 - PRWeb
  • Landmark Medical Center gets a shot in the arm
    WOONSOCKET – As Landmark Medical Center marks five years in receivership this month, a federal agency has stepped in to shore up the struggling hospital’s pension system before it runs out of money to pay beneficiaries. The Pension Benefit Guarantee Corporation will continue paying benefits to retirees and make good on promises to active employees who will be due benefits when they retire – a ...
    June 11, 2013 - The Woonsocket Call

  • Jerry Brown in FOXNews
    The federal receivership has become its own autonomous government operating outside the normal checks and balances of state and federal law,Brown said in a statement. "Already, California is spending almost $14,000 per inmate for health...
  • Ben Bernanke in International Herald Tribune
    If a federal agency had had such tools on Sept. 16, they could have been used to put AIG into conservatorship or receivership, unwind it slowly, protect policyholders and impose haircuts on creditors and counterparties as appropriate,Bernanke...

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