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in the hands of receivers

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See: bankrupt


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Since then the building, which is on the ECHO's Stop the Rot hitlist, has been in the hands of receivers, and now Liverpool council is poised to serve notices demanding thousands of pounds of urgent work is carried out to stop it rotting away further.
They were then told the business was in the hands of receivers Poppleton and Appleby (P&A) who were putting the business into administration.
Instead, when Viasystems was placed in the hands of receivers, the contracts dozens of long-serving workers had with former owner Plessey Telecom-munications no longer applied.
 
 
 
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