- A receivership in aid of another receivership, usually one in another jurisdiction. 45 Am J1st Rec § 3. See ancillary receiver.
Ballentine's law dictionary. Anderson, W.S.. 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
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