in receivership

See: bankrupt
References in periodicals archive ?
Central Bank of Kenya has accepted the final offer from KCB Group to takeover Imperial Bank Limited (in receivership).
In the Matter of KAMER CONSTRUCTION LIMITED - (IN RECEIVERSHIP) and in the Matter of THE COMPANIES ACTS 2014
The court affirmed a case in which an appellant challenged a grant of summary judgment based on the District Court's rejection of his argument that a receiver lacked the authority to pierce the corporate veil of a corporation in receivership.
"At this point they are not in receivership, and I haven't heard that that was imminent.
Finally, there was a ray of hope that the tribulations they went through for 28 months since Central Bank of Kenya placed Chase in receivership in April 2016 would come to an end.
In addition, a person who had a receivership order cancelled was responsible to manage his or her assets and repay debts and therefore has no movable or immovable PROPERTY in receivership or verifiable debts that could be forgiven.
The committee task force in charge of the Receivership Model Law Working Group told it to ask "interested regulators and interested parties to submit suggested issues, implications and possible solutions regarding (long-term care) insurance in receivership practices and Model Number 520."
Kenya: The Bank of Uganda (BOU) announced the sale of all the shares of Imperial Bank Limited (In Receivership) in Imperial Bank (Uganda) Limited, to Exim Bank (Uganda) Limited.
Wellington-headquartered Vincent Aviation's Australian operation put in receivership in what the airline says is a bid to shore up its New Zealand business.
RESORT IN RECEIVERSHIP. Tucker's Point, one of recession-hit Bermuda's top resorts, with a debt of more than US$130 million, has been placed into receivership, reports Caribbean360.com (Sept.
M2 EQUITYBITES-September 20, 2013-Alvarion (in Receivership) gets first payment as ordered in settlement(C)2013 M2 COMMUNICATIONS http://www.m2.com