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.
A âCease and Desist Orderâ is a type of court document issued by a judge in certain types of legal cases. It is basically an injunction ordering the defendant to cease or stop certain actions, such as the unauthorized use of the plaintiffâs protected material in a copyright infringement case.