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View definitions for receivership

receivership

noun as in Chapter 11

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

One of the lawsuits that Lu filed in Mauritius prompted a court there to freeze Afrinic’s bank accounts in July 2021, effectively paralyzing the organization and eventually sending it into receivership.

The only viable solution is to place schools in “receivership,” a well-established procedure to reform ailing college departments.

California Attorney general filed a civil case against Shangri-La Industries in January 2024 seeking the return of more than $100 million in Project Homekey funds and asking the court to place seven properties in receivership.

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“The DOJ’s request is almost literally without precedent. No state judge in California history has ever placed a correctional institution into receivership.”

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Its lender, Truist Bank, placed the distiller under receivership, alleging that it defaulted on a $26 million loan, court papers show.

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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