Some want the trust funds to be placed in receivership, under a neutral supervisor.
But the trust maintains if receivership occurs, then implications for other local councils are far-reaching.
In effect, Hartz IV recipients put their lives in receivership to the omnipresent Jobs Center.
While Atlanta's Turner Field is now home to baseball's Braves, Sydney's SuperDome, has plunged into receivership.
Once the split is accomplished, the good bank can be cut loose from FDIC receivership.
Its tax base withering, Pontiac fell into receivership in 2009 and remains in state oversight.
Back then, Geico pursued a comparable hard-charging scheme and came within an ace of receivership.
Typically state legislatures must act in order for a municipality to be placed into receivership.
Nobody wants to follow the four big listed companies that went into receivership this year.
The company collapsed just before Christmas, going into receivership amid claims of accounting irregularities.
Twenty-five properties held by Batch Development Company, Inc. associated with the mortgage default were placed into receivership.
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And it is surely better to reform yourself than to have hostile politicians take you into receivership.
When a bank gets into trouble the FDIC puts it into receivership and tries to find a buyer.
These suits maximize recoveries for creditors of the failed bank receivership, including uninsured depositors and the deposit insurance fund.
When Penn Central went into receivership Michaels strongly recommended that investors not panic.
The brothers got their first break in 1985 when Emporium Holdings, a Chinese-owned department store chain, went into receivership.
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The Quinn business is controlled by a consortium of international banks after it was placed into receivership in 2011.
Directors at Venture's German unit put it in receivership in 2002, and Venture wound up in bankruptcy court last year.
HMV's 16 stores in the Republic have been closed, and the company's business in the country put into receivership.
The Argentine Rugby Union is in protected receivership and desperately in need of funds after losing a costly court case.
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There is also uncertainty over any money held by Landsbanki itself and Glitnir, another Icelandic bank, which are in receivership.
The threshold for placing a general law city in receivership or being dissolved is lower than that for a charter city.
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The Office of Thrift Supervision (OTS) closed IndyMac on July 11, 2008, and placed it under Federal Deposit Insurance Corporation (FDIC) receivership.
Like these columns, Ms. Bair wanted to clean out Citi's management and asked her fellow regulators to consider putting it into receivership.
Last week the Singapore high court placed the assets of Tang and his wife in receivership to prevent them from moving money offshore.
Many states have in place some legal framework devised to place cities and towns into receivership should they too badly mismanage their finances.
However, I do agree that Detroit schools were a mess and that there was ample reasons to place them into some sort of receivership.
My problem is not with Robert Bobb as a person, or with the act of placing a school system or city into state receivership.
C. takes the firm into receivership, divesting it of its bad assets and returning its healthy assets to the private sector as quickly as possible.
Receivership, by contrast, is a process started by a company's bank, or other creditor, who has lost confidence in a firm's ability to repay its debts.
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