The Tender For Law

Volume 1

Jun 07, 2013 8:30 PM

Derek Moran

Unlike Black's Law 9th, there is no definition in The Dictionary of Canadian Law 4th-edition for RECEIVER GENERAL..but there is for RECEIVERSHIP ;)

RECEIVER[SHIP]: a legal or equitable proceeding in which a receiver is appointed(by the IMF) to take over the PROPERTY(i wonder what/who that could be) of an insolvent company or INDIVIDUAL. The receivership operates with respect to ALL(wonder if that includes US) of the assets of the insolvent party.