receivership
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
One of the lawsuits that Lu filed in Mauritius prompted a court there to freeze Afrinic’s bank accounts in July 2021, effectively paralyzing the organization and eventually sending it into receivership.
The only viable solution is to place schools in “receivership,” a well-established procedure to reform ailing college departments.
California Attorney general filed a civil case against Shangri-La Industries in January 2024 seeking the return of more than $100 million in Project Homekey funds and asking the court to place seven properties in receivership.
From Los Angeles Times
“The DOJ’s request is almost literally without precedent. No state judge in California history has ever placed a correctional institution into receivership.”
From Los Angeles Times
Its lender, Truist Bank, placed the distiller under receivership, alleging that it defaulted on a $26 million loan, court papers show.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
