WebApr 5, 2024 · 5.1 The FDIC manages receiverships to maximize net return and terminates them in an orderly and timely manner. Means and Strategies: Under the FDIC Act, the FDIC, in its receivership capacity, manages the assets of failed IDI receiverships to preserve their value and to dispose of them as quickly as possible, consistent with the objective of ... The Receiver has engaged CB Securities Inc. as its sales advisor to oversee a sales process of all of Glencoe’s oil and gas interests. Deadline for offers is August 2, 2024. 1. Sales Process Advertisement Interested parties should contact Mr. Darryl Derouin, of CB Securites Inc., at 403-781-7041 or … See more On January 23, 2024, the Court of Queen’s Bench of Alberta (the “Court”) grant an Order appointing Hardie & Kelly Inc. as Receiver and … See more The Receiver has issued notices to the relevant parties of its renunciation of certain assets of Glencoe. Copies of these notices are provided … See more The Receiver has made applications on September 14, 2024, October 2, 2024, October 18, 2024, November 8, 2024, November 15, 2024 and March 8, 2024 for approval of transactions relating to portions of Glencoe’s … See more The Receiver made an application on October 31, 2024, for an order discharging the Receiver, among other things. Application materials are provided below. The Receiver was … See more
Receivership: What It Is, How It Works, vs. Bankruptcy
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Chapter 4 Resource Masters - Ms. Williams @ SMIC School
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