In the first of a four-part series on heart failure, we investigate what it is, what causes it and whatâs the prognosis. The Unrelaxing Heart. The second installment explains heart failure with muscle intact. Queen Latifah and her mom, Rita, share their personal experience with Ritaâs own heart failure diagnosis.
In law, receivership is a situation in which an institution or enterprise is held by a receiverâa person placed in the custodial responsibility for the property of others, including tangible and intangible assets and rightsâespecially in cases where a company cannot meet financial obligations or enters bankruptcy.
A Receivership is a remedy available to secured creditors to recover amounts outstanding under a secured loan in the event the company defaults on its loan payments.he Receiver is appointed to take possession of and sell or liquidate the assets secured by the security agreement in order to repay the outstanding debt. In a Receivership, a secured creditor or the Court may also appoint a Receiver-Manager to operate and manage the business until it is sold as a going concern.