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.
Divorce Decree. A divorce decree has the same information the divorce certificate does and summarized information from the divorce judgment. This document is signed by the judge and part of the divorce case file. Decrees also state the basic facts of the divorce and the court case number. For example, if one spouse was awarded spousal support, the decree will state which spouse pays and how much.