ancillary receivership

A receivership in aid of another receivership, usually one in another jurisdiction. 45 Am J1st Rec § 3. See ancillary receiver.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • ancillary action — A suit maintainable in a court of equity on the ground that it is ancillary to an action in another court and in aid of the enforcement of rights involved in such action. The remedies of injunction, receivership, discovery, and perpetuation of… …   Ballentine's law dictionary

  • ancillary receiver — A receiver who has been appointed in aid of, and in subordination to, a foreign receiver for the purpose of collecting and taking charge of the assets of the insolvent corporation in the jurisdiction where he is appointed. Re Stoddard, 242 NY 148 …   Ballentine's law dictionary

  • receivership — The means of reaching a legitimate end through the exercise of the equitable power of the court or under statutory authorization by appointing one known as a receiver with property to seize and take custody of property. An ancillary remedy,… …   Ballentine's law dictionary

  • provisional receivership — A term sometimes confused with ancillary receivership, but standing for that which is substantially a pendente lite receivership. See pendente lite receivership …   Ballentine's law dictionary

  • primary receivership — A receivership to which another receivership, usually in another jurisdiction, is ancillary. 45 Am J1st Rec § 420 …   Ballentine's law dictionary

  • transmission of assets — The act of an ancillary representative in remitting assets of the estate in his control to the domiciliary representative. 31 Am J2d Ex & Ad § 706. The sending of assets in an ancillary receivership to the primary receiver. Anno: 45 ALR 633 …   Ballentine's law dictionary

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • administrator — ad·min·i·stra·tor /əd mi nə ˌstrā tər/ n 1: a person appointed by a probate court to manage the distribution of the assets in the estate of a person who has died without leaving a valid will or leaving a will that does not name an executor able… …   Law dictionary

  • Strachan Henshaw Machinery — 1879 2000Strachan Henshaw Machinery (SHM) were manufactures of paper handling and printing equipment. With a history that spanned over 110 years ending in early 2000. They were based in Speedwell, Bristol, UK and Chicago, USA. The Company… …   Wikipedia

  • Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.