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Case 4:17cv00336ALM Document 17 Filed 05/15/17-Page 1 of 18 Paged #: 499IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISION SECURITIES AND EXCHANGE COMMISSION :

How to fill out order appointing receiver

How to fill out order appointing receiver

1. Begin by identifying the specific details of the case, such as the court name, case number, and parties involved.
2. Draft the order by including a clear title that states it is an 'Order Appointing Receiver'.
3. Provide a brief introduction explaining the purpose of the order and the reasons why a receiver needs to be appointed.
4. Include the specific powers and duties that the receiver will have, such as managing assets, collecting debts, or selling property.
5. Specify the duration of the receiver's appointment, whether it is temporary or until further notice.
6. Include any specific terms and conditions that the receiver must follow, such as submitting periodic reports to the court or obtaining court approval for certain actions.
7. Make sure to add any additional provisions or clauses that are necessary to protect the parties' rights and interests.
8. Sign the order and request the judge's signature and seal to make it legally binding.
9. Serve the order to all parties involved in the case and ensure proper documentation of service.
10. Keep a copy of the order for your own records and file it with the court.

Who needs order appointing receiver?

1. An order appointing receiver may be needed in various situations:
2. - Creditors who are seeking to enforce a judgment and recover their dues.
3. - Parties involved in a foreclosure proceeding.
4. - Shareholders or investors seeking to protect their interests in a troubled company.
5. - Trustees in bankruptcy cases.
6. - Parties involved in complex commercial litigation where the appointment of a neutral third-party receiver is necessary to preserve assets and manage operations.
7. - Courts that determine it is necessary to appoint a receiver to oversee the affairs of an entity or individual in order to protect the rights of all parties involved.

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