receiver-manager
receiver-manager
Similar to receiver above, except the receiver-manager can manage or operate the company. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • receiver or receiver manager — A person or corporation appointed by a party who holds a security agreement, or by Court Order, giving the appointed party the authority to take possession of the assets specified in the security agreement or Court Order (Ontario Bankruptcy… …   Glossary of Bankruptcy

  • receiver's certificate — Certificates given by a receiver or receiver manager to secure borrowings required by the receiver or receiver manager. Any debt secured by a receiver s certificate has a first charged over the property, ranking ahead of any other secured charge …   Glossary of Bankruptcy

  • receiver and manager — A person appointed by a secured creditor under a debenture to receive the income and manage the business of a company. For further information, see the Insolvency Service website …   Law dictionary

  • receiver — A person exercising any form of receivership. In bankruptcy, the official receiver becomes receiver and manager of the bankrupt s estate. Where there is a floating charge over the whole of a company s property and a crystallizing event has… …   Accounting dictionary

  • receiver — A person exercising any form of receivership In bankruptcy, the official receiver becomes receiver and manager of the bankrupt s estate (see bankruptcy). Where there is a floating charge over the whole of a company s property and a crystallizing… …   Big dictionary of business and management

  • Official Receiver — index assessor Burton s Legal Thesaurus. William C. Burton. 2006 official receiver …   Law dictionary

  • Official Receiver — An officer of the Insolvency Service of the United Kingdom, the Official Receiver (OR) is an officer of the court to which he is attached. The OR is therefore answerable to the courts for carrying out the courts orders and for fulfilling his… …   Wikipedia

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