How to Conduct a Receivership
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Tucker, George F.) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from How to Conduct a Receivership: One of a Series of Lectures Especially Prepared for the Blackstone Institute Receiverships have long been common, and, in the case of commercial embarrassments, the tendency seems to be more and more to resort to them. A receiver is a disinterested person appointed by the court to hold and manage the property in liquidation. While there are many occasions for the appointment of receivers, as in the case of partnerships, railroads, banks, etc., yet, for the purposes of illustration, the treatment of receivers of business or industrial corporations alone is deemed advisable in this article. Cause For Appointment of Receiver It is apparent that the general cause for resort to a receivership is the unsound condition of a corporation or, in other words, its inability to meet its obligations. The corporation, if all the creditors concurred, might make a general assignment for the benefit of creditors, without the intervention of a court, and this is sometimes done. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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