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.
exists and is an alternate of . Legislation is a law passed by a legislative body and, in most cases, approved by an appropriate executive authority. An Executive Order is an order issued directly by an executive authority and relying for its force of law on the power already assigned to that executive authority.