receiver or receiver manager
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 Dictionary)

United Glossary of Bankruptcy Terms 2012.

Glossary of Bankruptcy.

Look at other dictionaries:

  • 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

  • OR — own recognizance Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009. OR …   Law dictionary

  • 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

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

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  • special manager — A person appointed by the court in the liquidation of a company or bankruptcy of an individual to assist the liquidator or official receiver to manage the business of the company or individual. The special manager s powers are decided by the… …   Big dictionary of business and management

  • debenture — Security instrument evidencing a debt due from one party to another, payable on demand or otherwise, which can be a fixed and/or floating charge on assets and which can grant the lender broad powers to recover the amount due upon default,… …   Glossary of Bankruptcy

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