The sale must be conducted by an independent administrator, with rights and obligations similar to those of a bankruptcy receiver.

The sale will be conducted by an independent administrator, with similar rights and obligations to a bankruptcy receiver.

It appoints a receiver (insolvency manager) to replace the debtor’s CEO.

7.1.3 we enter liquidation or upon the appointment of a receiver or administrator over our assets; or

The company's general shareholders' meeting appoints the special receiver who must be approved by the Court (a so called Court-appointed receiver).

Act as Trustee/Liquidator where no private sector insolvency practitioner is appointed;

The following day the Dutch Central Bank requested that an insolvency practitioner be appointed for Landsbanki's Amsterdam branch.

At that time SSN did not take over the assets of SSPH and SS, but leased them instead from the receiver in bankruptcy until July 2004.

first mate — freight/passenger ships — unrestricted

A judicial administrator that will participate to the company’s management

The company again entered receivership in 1908, and in 1910 reorganized as the Norfolk Southern Railroad.

The company entered receivership in 1907 and operations west of Cumnock were suspended in 1908.

In principle, the court opening safeguard or judicial reorganisation proceedings appoints an administrator, who may be proposed by the debtor under the safeguard proceedings or by the public prosecutor’s office.