charging order

charging order
charging order
An order of court obtained by a judgment creditor charging the interest of a judgment debtor in a general or limited partnership with payment of a judgment against the debtor. This order may be obtained even if the judgment is not against the partnership entity; this order usually leads to the appointment of a receiver to collect the debtor's share of the partnership profits and apply them toward payment of the judgment against the debtor. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

charging order
An order of court obtained by a judgment creditor charging the interest of a judgment debtor in a general or limited partnership with payment of a judgment against the debtor. This order may be obtained even if the judgment is not against the partnership entity; this order usually leads to the appointment of a receiver to collect the debtor’s share of the partnership profits and apply them toward payment of the judgment against the debtor.

US Bankruptcy 2012.


Glossary of Bankruptcy.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • charging order — an order of the court granting the applicant a charge over property belonging to a debtor of the applicant. Collins dictionary of law. W. J. Stewart. 2001. charging order …   Law dictionary

  • Charging order — A charging order, in English law, is an order obtained from a court or judge by a judgment creditor, by which the property of the judgment debtor in any stocks or funds or land stands charged with the payment of the amount for which judgment… …   Wikipedia

  • Charging Order — A court authorized right granted to a judgment creditor to attach distributions made from a business entity, such as a limited partnership (LP) or limited liability company (LLC), to a debtor who is a partner of the business entity. The charging… …   Investment dictionary

  • charging order — /ˈtʃadʒɪŋ ɔdə/ (say chahjing awduh) noun Law an order preventing the transfer of the stock, shares, funds or annuities held by one whom the court judges to be a debtor …  

  • charging order — A term of the English practice for a court order subjecting the stock or funds in a public company, belonging to the judgment debtor, to the satisfaction of the judgment …   Ballentine's law dictionary

  • charging order — noun Britain : an order of court making a judgment debt a charge upon the stocks or funds of the debtor …   Useful english dictionary

  • charging order — A statutorily created means for a creditor of a judgment debtor who is a partner of others to reach the debtor s beneficial interest in the partnership, without risking dissolution of the partnership. Uniform Partnership Act, No. 28 …   Black's law dictionary

  • charging order — A statutorily created means for a creditor of a judgment debtor who is a partner of others to reach the debtor s beneficial interest in the partnership, without risking dissolution of the partnership. Uniform Partnership Act, No. 28 …   Black's law dictionary

  • order — or·der 1 n 1: a state of peace, freedom from unruly behavior, and respect for law and proper authority maintain law and order 2: an established mode or state of procedure a call to order 3 a: a mandate from a superior authority see also …   Law dictionary

  • Order of Attorneys of Brazil — Logo of the Order of Attorneys of Brazil Formation November 18, 1930 Type Legal Society Headquarters Brasília, Federal District …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”