Receivership (private appointments) | Practical Law

Receivership (private appointments) | Practical Law

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.

Receivership (private appointments)

Practical Law ANZ Practice Note w-022-5676 (Approx. 29 pages)

Receivership (private appointments)

by Practical Law New Zealand with assistance from Leon Bowker, Director, KPMG
Law stated as at 14 Dec 2022 • New Zealand
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.