appoint a receiver

Frequency: 5.03.0 per million words

To officially choose someone to act as a receiver for a bankrupt company.

receiverVERB + receiver (bankruptcy)

Categories:

appoint

Examples (10)

  • The court decided to appoint a receiver to manage the failing business.
  • Creditors requested the judge to appoint a receiver to oversee the company's assets.
  • Following bankruptcy, an independent body will appoint a receiver.
  • The board had no choice but to appoint a receiver after the financial collapse.
  • They were forced to appoint a receiver to liquidate the company.
  • Who will the bank appoint as the receiver for the indebted firm?
  • It is standard procedure to appoint a receiver in cases of insolvency.
  • The company directors failed to prevent the need to appoint a receiver.
  • The government may appoint a receiver if the utility company cannot pay its debts.
  • Once you appoint a receiver, control of the company shifts.