This is an order for the appointment of a receiver. In an instance where the appointment of a receiver is necessary, this decision and order directs the receiver to reduce to cash any and all asssets where possible, and to file with the clerk a list of all assets and their disposition.
Pennsylvania Appointment of a Receiver
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US-L07057
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Liquidator ? this is someone appointed by a company, creditor or court to wind up a company. Receiver ? this is someone appointed by a bank or lender to take over an asset given by a company as security (a guarantee) for a loan.
A receiver is a person appointed as custodian of a person or entity's property, finances, general assets, or business operations. Receivers can be appointed by courts, government regulators, or private entities. Receivers seek to realize and secure assets and manage affairs to pay debts.
(1) enter judgment upon a nonsuit by the court, the verdict of a jury or the decision of a judge following a trial without jury, if (a) no timely post-trial motion is filed; or (b) one or more timely post-trial motions are filed and the court does not enter an order disposing of all motions within one hundred twenty ... Rule 227.4 - Entry of Judgment Upon Praecipe of a Party, 231 Pa. Code ... casetext.com ? chapter-200-business-of-courts ? r... casetext.com ? chapter-200-business-of-courts ? r...
Rule 237 provides that the prothonotary shall not accept any praecipe of judgment on a verdict or for judgment on a decision in a trial without a jury ''unless it includes a certificate that a copy of the praecipe has been mailed to each other party who has appeared in the action or to the attorney of record for each ... Title 231--RULES OF CIVIL PROCEDURE - Pennsylvania Bulletin pacodeandbulletin.gov ? Display ? pabull pacodeandbulletin.gov ? Display ? pabull
--The department shall suspend the operating privilege of any person who has failed to respond to a citation or summons to appear before an issuing authority or a court of competent jurisdiction of this Commonwealth for any violation of this title, other than parking, or who has failed to pay any fine, costs or ...
Receivers. (2) the plaintiff deposits with the prothonotary legal tender of the United States in an amount fixed by the court to be held by the prothonotary upon the same condition as provided for the bond. 231 Pa. Code § 1533 - Special Relief. Receivers LII / Legal Information Institute ? title-231 ? chapter-1533 LII / Legal Information Institute ? title-231 ? chapter-1533