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 court order is a document signed by a judge mandating that an entity do as the judge orders. If an entity opposes release of data pursuant to a court order, entity staff should consult legal counsel and look to Minnesota Statutes, section 13.03, subdivision 6.t. App. 1985) (a subpoena is not the equivalent of a court order required to access private personnel data under Minnesota Statutes, section 13.43 .) A subpoena often comes from an attorney who represents a party to litigation in which the government entity is not directly involved.