Receivership: Difference between revisions
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''UK Insolvency law''. | ''UK Insolvency law''. | ||
A procedure relating to a company in more serious financial difficulties in which its assets are realised by a receiver, for the benefit of its secured creditors. | A procedure relating to a company in more serious financial difficulties in which its assets are realised by a receiver, for the benefit of its secured creditors. | ||
Usually leading to the liquidation of the company. | Usually leading to the liquidation of the company. | ||
== See also == | == See also == | ||
* [[Administration]] | * [[Administration]] | ||
* [[Chapter 11]] | |||
* [[Liquidation]] | * [[Liquidation]] | ||
* [[Insolvency]] | |||
* [[Receiver]] | * [[Receiver]] | ||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 07:14, 28 November 2017
UK Insolvency law.
A procedure relating to a company in more serious financial difficulties in which its assets are realised by a receiver, for the benefit of its secured creditors.
Usually leading to the liquidation of the company.
