The receiver has no obligation to report to unsecured creditors about the receivership, either by calling a meeting or in writing. However, the receiver will usually write to all of the company’s suppliers to inform them of their appointment. Unsecured creditors are not entitled to see the receiver’s reports to the secured creditor.
PROBABLY NOWHERE
The receiver has no obligation to report to unsecured creditors...
Add to My Watchlist
What is My Watchlist?