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LSDefine

Simple English definitions for legal terms

expenses of receivership

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A quick definition of expenses of receivership:

Expenses of Receivership: These are costs that a person in charge of a business (called a receiver) has to pay while running the business. These costs include things like rent, fees for lawyers, and payments to people who help the receiver, like appraisers and auditors.

A more thorough explanation:

Expenses of receivership refer to the costs incurred by a receiver in managing a business or property. These expenses include rent, fees paid to the receiver's counsel, and payments made to any master, appraiser, or auditor hired to assist in the receivership process.

For example, if a company goes bankrupt and a receiver is appointed to manage its assets, the receiver may need to hire an appraiser to determine the value of the company's property. The fees paid to the appraiser would be considered an expense of receivership.

Another example would be if a receiver is appointed to manage a rental property. The receiver would need to pay rent for the property, as well as any fees incurred by their counsel or other professionals hired to assist in the management of the property.

expense ratio | expense stop

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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