Receivership (private appointments) | Practical Law
https://content.next.westlaw.com/Document/Ib5c5f4bff51811e9adfea82903531a62/View/FullText.html?transitionType=Default&contextData=(sc.Default)This note provides an overview of corporate receivership in the context of private appointments by a secured creditor. It discusses the circumstances in which a receiver can be appointed, the nature of the appointment and the procedure required to appoint a receiver. It also explains the role, duties, powers and liabilities of a receiver, the key aspects of the administration of a receivership and the circumstances in which a receivership may be terminated.
This note provides an overview of corporate receivership in the context of private appointments by a secured creditor. It discusses the circumstances in which a receiver can be appointed, the nature of the appointment and the procedure required to appoint a receiver. It also explains the role, duties, powers and liabilities of a receiver, the key aspects of the administration of a receivership and the circumstances in which a receivership may be terminated.