Recent Case Law on Receivers’ Responsibilities - August 2011

Author: 
Michael Arthur, Partner, Chapman Tripp

This paper examines recent developments and case law on receivers’ responsibilities in particular:

  1. The validity of a receiver’s appointment;
  2. Receivers’ personal liability for contracts;
  3. Receivers’ obligations to third parties;
  4. Receivers’ recourse to the receivership assets; and
  5. The duty to obtain the best price reasonably obtainable;
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