Most Popular posts of receivership
Hotel Receivership: Obtaining Expert Assistance
by
Alex Sogno
Hotel receivership is sometimes unavoidable and to make this process somewhat easier it is advisable to get a professional to assist you with this process. Hotels that exist by the financing of a lender will be under constant monitoring to see if they pick up business and make necessary financial gains. If the establishment is not being managed in an efficient or profitable manner then the lender will decide to take away control from the borrower and find a court-appointed third party or "receiver" to evade bankruptcy proceedings and liquidation of assets. As well as this, an owner or borrower not actually in charge of a hotel may choose receivership for the same reasons. The most important objective of this type of receivership is to secure and stabilise a hotel by making management and other important changes to increase the productivity and worth. It is important to note that the receiver is not working for the lender; it is an objective third party hired to protect the property. In many cases of these projects, most of the receivers are hotel management companies.
http://ezinearticles.com/?Hotel-Receivership:-Obtaining-Expert-Assistance
id=6532432 - Aug 31, 2011
What Is Receivership?
by
Robert R Potter
When your business debts are continually growing and it seems almost impossible to pay your creditors, you can clearly see where your business is heading. Bankruptcy can appear to be the most likely outcome, but there is a better option - Receivership. Although you can find it incredibly difficult to allow someone else to have the overall control of your company, it would be difficult to find another alternative that can lessen the impact of your business' decline.
http://ezinearticles.com/?What-Is-Receivership?
id=6254609 - May 09, 2011
What Is A Company Receivership?
by
Dudley Branson
A company receivership is a form of external administration. Unlike a liquidation the company may not necessarily be wound up. A secured creditor, or the court, may put a company into receivership if it gets into financial difficulty and is unable to meet its obligations. A secured
creditor
holds security over some, or all, of the company's assets.
http://ezinearticles.com/?What-Is-A-Company-Receivership?
id=5541185 - Dec 12, 2010
Receiverships - An Overview
by
Dudley Branson
Receiverships are a mechanism by which secured creditors may extract money owed by a company which is otherwise unable to pay. A secured creditor, or the court, may put a company into receivership if the company is struggling to meet its financial obligations.
http://ezinearticles.com/?Receiverships---An-Overview
id=5541166 - Dec 12, 2010
The Meaning of the Terms Insolvency, Bankruptcy and Receivership
by
Fred McKibben
In my work with clients I read a lot of legal documents and a great many of those documents contain language such as: "If XYZ becomes insolvent, bankrupt or is placed in receivership..." Many people, including many business owners and executives, believe that the terms "insolvent," "bankrupt" and "in receivership" have pretty much the same meaning, but that is not truly the case.
http://ezinearticles.com/?The-Meaning-of-the-Terms-Insolvency,-Bankruptcy-and-Receivership
id=6760746 - Dec 15, 2011
What Are the Operational Challenges in a Rents and Profits Receivership?
by
Steve Donell
There are several operational challenges experienced in a rents and profits receivership, which will differ between individual cases due to the individual nature of each case. Here, we'll discuss some of the common challenges faced by receivers in this situation.
http://ezinearticles.com/?What-Are-the-Operational-Challenges-in-a-Rents-and-Profits-Receivership?
id=2303945 - May 04, 2009
How is a Rent and Profits (Real Estate) Receivership Case Operated?
by
Steve Donell
Several specific duties are outlined and required of a rents and profits receiver, and these are typically included in the operating clauses of the form order issued by the granting court. Of course, there are some challenges that can be expected while carrying out these duties as well.
http://ezinearticles.com/?How-is-a-Rent-and-Profits-(Real-Estate)-Receivership-Case-Operated?
id=2273756 - Apr 27, 2009
When Seeking Pre-Trial Receivership For Solvent Companies Less May Be More
by
Robert M Heller
Receivers may be appointed where a company is insolvent, in danger of becoming insolvent, winding up its affairs or a judgment debtor. However, did you know that prior to trial a plaintiff may seek a court-appointed receiver for a solvent, on-going business?
http://ezinearticles.com/?When-Seeking-Pre-Trial-Receivership-For-Solvent-Companies-Less-May-Be-More
id=3295690 - Nov 19, 2009
Making the Case - Using a Receiver to Sell Real Property to Satisfy a Judgment
by
Patrick Bulmer
The statutory remedy of selling real property under a writ of execution provides a strict but orderly process that a judgment creditor may follow toward satisfaction of the judgment. However, judgment creditors may consider the process to be too complex and the cost prohibitive in light of the nebulous results attendant to the statutory procedure. This article discusses use of a court appointed receiver to sell real property as an alternative to the statutory execution sale, offering a number of distinct advantages to the judgment creditor--and sometimes, even the judgment debtor.
http://ezinearticles.com/?Making-the-Case---Using-a-Receiver-to-Sell-Real-Property-to-Satisfy-a-Judgment
id=2363623 - May 18, 2009
Is Liquidation The Only Solution?
by
M Shahid Usman
This essays aims at having a look on the options available to the insolvent companies in addition to liquidation and making an attempt to understand their efficacy in comparison with winding up. It starts with an introduction of the insolvency; touching the important theories on insolvency, gets through the existing options for the insolvent and legal scene of some randomly chosen countries; and then ends on a conclusion with an estimation on corporate liquidation vis-a-vis corporate rescue.
http://ezinearticles.com/?Is-Liquidation-The-Only-Solution?