dry receivership

A receivership in which there is no equity available to pay general creditors. [Cases: Receivers 151, 163. C.J.S. Receivers §§ 299–301, 390–401.]

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词条贡献者

双语律师容远，毕业于法国一流的高级翻译学院，擅长翻译各类与公司治理相关的法律文件。