WHEN A RECEIVER CAN BE APPOINTED FOR A BUSINESS
When a business is involved in litigation, it may face the
risk, depending on the circumstances, of having a "receiver" appointed to
operate some or all aspects of its operations.
A trial court has authority to appoint a so‑called "receiver" (i.e., an
agent of the court) to carry out its orders.
By way of example, receivers may be appointed in any of the foll... Read the entire article [Popup]