The receiver may: 1  Run the company in order to maximize the value of the company's assets, sell the company as a whole, or sell part of the company and close unprofitable divisions.  Secure the assets of the company and/or entity.
A court order is an official proclamation by a judge (or panel of judges) that defines the legal relationships between the parties to a hearing, a trial, an appeal or other court proceedings.he content and provisions of a court order depend on the type of proceeding, the phase of the proceedings in which they are issued, and the procedural and evidentiary rules that govern the proceedings.
Similarly, the President can make laws through executive order, but in doing so he is limited to his role as commander-in-chief or as authorized by Congress. The 4th branch of government, the administrative branch, is often granted some law-making power by Congress.imilarly, the President can make laws through executive order, but in doing so he is limited to his role as commander-in-chief or as authorized by Congress. The 4th branch of government, the administrative branch, is often granted some law-making power by Congress.