The receiver may: 1  Run the company in order to maximize the value of the company's assets, sell the company as a whole, or sell part of the company and close unprofitable divisions.  Secure the assets of the company and/or entity.
A court order is an official proclamation by a judge (or panel of judges) that defines the legal relationships between the parties to a hearing, a trial, an appeal or other court proceedings.he content and provisions of a court order depend on the type of proceeding, the phase of the proceedings in which they are issued, and the procedural and evidentiary rules that govern the proceedings.
court order. n. An order issued by a court, usually at the request of a party to a case, directing a party or participant in a case to take a certain action. court order. An order from a court requiring someone to do or not do something. ThesaurusAntonymsRelated WordsSynonymsLegend: Switch to new thesaurus.