RECEIVERS - EXTRATERRITORIAL POWERS

Authors

Abstract

In these days of financial stress, the question of the extraterritorial powers of a receiver becomes especially acute. Though to the business man state lines have lost their significance, the lawyer is still confronted with independent sovereignties, both federal and state, each jealously safeguarding its own particular province. Receivers, appointed for an insolvent corporation or for a judgment debtor, seek to recover assets situated in foreign jurisdictions. Economy and expediency dictate the prevention of a dismemberment of the estates and the saving of expensive ancillary receiverships by a personal pursual on the part of the home receivers of those outlying assets. It becomes important, therefore, to ascertain the extent to which the receiver can exercise his office in a foreign jurisdiction.

Recommended Citation

RECEIVERS - EXTRATERRITORIAL POWERS, 30 Mich. L. Rev. 1322 (1932).
Available at: https://repository.law.umich.edu/mlr/vol30/iss8/14