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LSDefine

Simple English definitions for legal terms

Receivership

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A quick definition of Receivership:

Receivership: When there is a problem with someone's property, a court can appoint a person called a receiver to take care of it. This is to make sure that the property is not damaged or neglected while the problem is being solved. For example, if there is a disagreement about who owns a shopping mall, a receiver might be appointed to make sure that the mall is taken care of until the disagreement is resolved. The rules for appointing a receiver are different in different places.

A more thorough explanation:

Receivership is a legal process where a court appoints a person or entity to take control of a party's property. This is done to prevent the party from damaging or neglecting the property while a legal case is ongoing.

For example, if there is a dispute over the ownership of a shopping mall, one party may ask the court to appoint a receiver to oversee the mall's operations. This ensures that the mall is properly maintained and managed while the case is being resolved.

The rules for appointing a receiver can vary depending on the jurisdiction. In some cases, a receiver may be appointed to manage a business that is in financial distress or to oversee the distribution of assets in a bankruptcy case.

receiver | Receiving stolen property

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I am not a llama, and I am an adcommie @ The University of American Samoa Law (go LandCrabies)
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I'm really sad it came to this.. but what are some law schools that will accept people with misconduct and irregularity of faking a transcript from lsac
I guess or from doing crimes too for that matter
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MrThickRopes
15:24
We walk in da graduation to day
MrThickRopes
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That’s a lie we walk in it yesterday
MrThickRopes
15:26
Or maybe we walk in da graduation tomorrow
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Put dat beat on
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I said PUT DA BEAT ON
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mustard on da beat ho
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MrThickRopes
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Wake up in the morning and i take a shit take off my pants cause they caked in shit go to da club and I’m finna get lit light up the blunt but it’s soaked in shit thrown on da curb because i took a shiiit
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I fear you guys are not nearly locked-in enough
Why $0 at Harvard just to do litigation? Are you actually going to do your original plan post grad? @UncleIroh
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