Story: Business failures and corporate fraud

Receivership (2nd of 3)

Receivership

This diagram shows the sequence of events when a secured creditor or creditors appoint a receiver, so they can be repaid by the company in difficulties.

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Te Ara - The Encyclopedia of New Zealand

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Source: Insolvency and Trustee Service

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How to cite this page:

Graeme Hunt, 'Business failures and corporate fraud - Personal bankruptcy, corporate failure and fraud', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/diagram/22330/receivership (accessed 9 December 2019)

Story by Graeme Hunt, published 11 Mar 2010