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 legal document issued by a court of law or judicial officer. The term court order can be used to describe the legal command made by a judge to order someone, or a party, to do something or to refrain from doing something.For example, a subpoena is a court order demanding someone to come to court and testify or offer requested documents.Whereas a gag order is a court order demanding those involved in a court case from talking about it with others not involved in the case.ne thing to understand is that there are many different kinds of court orders but only one kind of subpoena. A subpoena is always a court order, but a court order is not always a subpoena. If you've been given a subpoena, there are a few things to keep in mind and do before you show up in court.