How to use receivership in a sentence

Looking for sentences and phrases with the word receivership? Here are some examples.

Sentence Examples The costs associated with receivership would have reduced the funds available for distribution. Although the company remained in receivership until 1939, some leasers worked on the property. The 92-bedroom hotel was put into receivership in March and then put up for tender. The sector provides plenty of work for administrators, with many clubs perennial candidates for receivership. The firm will likely be placed under court receivership, which would install trustees and freeze all company assets. It will amend the Companies Act to make redundancy payments a preferential claim when a company goes into liquidation or receivership. It employed over 80 people at its peak, but went into receivership after running out of money. The club was placed in receivership in April after it failed to keep up with mortgage payments. The businesses were promptly shut down by court order and placed in receivership. The Resolution Trust Corp., which disposed of the failed thrifts, had a simpler task because the banks were already in receivership. The firm, which makes internal mixers, mills and calenders for the rubber and plastic industry, has gone into receivership. Detroit Aircraft's frantic efforts to regain stability were unavailing and, in October, the corporation floundered into receivership. They want to know that the company that they deal with today will not go into receivership tomorrow. This meant that even if the company went into receivership, the trademark would still belong to the family. The group went into receivership on 27 August and Mr Wright was made redundant on that date. When a company goes into receivership, a receiver is appointed to try to keep the company running. The pit is now producing 10,000 tonnes of coal a week, which is 2,000 more than before the mine went into receivership. The new year is barely four days old, and two distributors have already gone into administrative receivership. It then went into receivership and as a result he was robbed of his pension. The company says if a rescue package is not agreed soon, it will face liquidation or receivership within three weeks. Show More Sentences The same firm was placed in receivership a week ago after efforts to sort out its modest financial problems failed. The club was placed into administrative receivership after a day of feverish activity at Kenilworth Road. Yorkston is adamant that the club's lease is secure, but an expert on receivership told Scotland on Sunday that such leases could be declared null and void. The full board had no opportunity to respond and no money to hire a lawyer and so were not even represented at the receivership hearing. The arbitration ceased mid-way in April 2008 when the buyer was the subject of a petition for receivership and was understood to be insolvent. No. Were the company to be declared insolvent and go into receivership, any sensible receiver would keep the plants running. I witnessed powers being handed over within the human rights league a week before it was placed in official receivership. Those conditions do not apply in the case of receivership or liquidation of the company by the court. The decision to put the co-op into receivership in 2006 was not justified and was not done fairly. This amendment covers situations where the trustee or receiver retains the debtor's employees after the bankruptcy or receivership. A second type, known as a service audit, is done after a receivership or bankruptcy where a proof of claim must be filed. A new federal receivership regime has been created for other circumstances, although the powers of such a receiver are not clear. That prompted a quick announcement from the province that they would use their status as first creditor to put the plant in receivership. They paid for the cost of the receiver, provided them with direction and asked the court to extend the receivership. It was announced today that a forestry company in Thunder Bay will go into receivership tomorrow. Make sure these amounts are not part of an estate in liquidation, assignment, receivership, or bankruptcy. The trustee or receiver assigned to manage the bankruptcy or receivership provides information to the worker on any amounts that are owed. Any such contract shall not be an asset of the Purchaser in bankruptcy, insolvency or receivership proceedings. It was placed into administrative receivership earlier this week. In September 1998, whilst this company was still in occupation, it had been placed in receivership, and was in arrears of rent and service charge. Show More Sentences I am convinced by what I have read that the next thing I will hear is that Fox is in receivership! All across the country, banks had failed, railroads had gone into receivership, farms had foreclosed, and jobs had disappeared. For instance, the securitized assets must be isolated from the Bank and placed beyond the reach of the Bank and its creditors, even in the case of bankruptcy or other receivership. Zanzibar nightclub in Stockton has been rescued after owner Springwood Leisure was put into receivership. Neath Coachbuilders acquired the assets of Transport Hydraulics after that business went into receivership. Ferranti went into receivership in 1993, but some of its former works continue in other hands. The WEPP provides timely payment of eligible wages owing to workers who have lost their jobs because their employer has gone bankrupt or become subject to receivership. Furthermore, member governments should strive to achieve environmental priority over all other claims or charges on an estate that has entered receivership or bankruptcy. On occasion, an employer goes into receivership and the trustee operating the business on behalf of creditors then discharges some or all of the workers. The Bill would enact the Wage Earner Protection Program Act which will provide for payment of wages to employees of bankrupt employers or employers in receivership. As a result, the sale of one villa was not valid in respect of the receiver, with the result that the villa remains in receivership despite having been paid for by Intervest Retail. I'd just gone through a difficult period in my personal life and suffered a series of professional setbacks, too, with my record label going into receivership. This regularly resulted in delays. Furthermore, Germany underlined that the grant was used solely to continue the operative business of HCW during the receivership. Capping redundancy entitlements – stalled The Coalition planned to cap work entitlements for workers employed by companies that go into receivership. The power of disposal shall lapse on default in payment, application for or commencement of composition or bankruptcy proceedings, or the introduction of judicially enforced receivership. The money spent on receivership and the costs going forward of court action to enforce a sale could have been used much more productively to deal with the co-op's capital repair problems. The Commission notes that the French authorities have registered the claim for the rescue aid with the official receiver in charge of the receivership of Ernault. But having survived receivership the season ended with hopes of a bright new dawn with Bull, Andy Mutch and Graham Turner. The Davys bought the Rose and Crown out of receivership after shifting across from their first business in Cumbria and he says they have no desire to move on. In 1928 Philip Vincent bought the HRD Motorcycle Co Ltd out of receivership, immediately moving it to Stevenage and renaming it the Vincent HRD Motorcycle Co Ltd. Show More Sentences The leisure empire behind Pontin's holiday camps, Blackpool Tower and Wolverhampton racecourse has bought bar chain Brannigans out of receivership. Years of financial difficulty eventually placed the company into receivership. Examples from Classical Literature Are you really going to spring the receivership on the Dunton people to-morrow? I'll take the receivership and you'll be the receiver's attorney, of course. The receivership at once adopted a vigorous policy of improvement. It was during the receivership and there was no room for frills. Dunton can't stand for a receivership, and Chadwick knows it. They'll get them through a receivership, and after the panic's all over. Overdue receivership cases will be resolved in less than a year. Find more words! 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What is the opposite of receivership? Words that rhyme with receivership What is the plural of receivership? What is the adverb for receivership? What is the adjective for receivership? What is the noun for receivership? Use our Sentence Generator Nearby Words receivers receiver received receive receivables receivable receiverships receives receiving receiving attention recency recension 12-letter Words Starting With r re rec rece recei receiv receive receiver receivers receiversh receivershi