Trustee used in a sentence

Trustee in a sentence as a noun

The bankruptcy trustee writes them a receipt and enters the transaction into the books of the company.

And that trustee can decide to require local presence to use that TLD, which might leave this particular service offline, at least for a time.

Basically what happens under bankruptcy is the trustee sells all the assets of the business.

I back them for the same reason that I'm a trustee of the Awesome Foundation- I want to encourage amazing things to happen in the world.

Not to mention declaring bankruptcy with a high steady income guarantees that judge/trustee will not rule in favor of walking away from debts.

The key part there is oversight - a court appointed trustee would have the obligation to claw back money, especially from insiders.

The bankruptcy trustee, satisfied that he has diligently explored the options, counteroffers with regards to the price.

I'd also wonder if "trustee" borders on an ex-officio designation.

An elected trustee built a model for compensated improvement of the encyclopedia that went beyond the pale.

From that revenue, the trustee pays any costs related to the administration of the bankruptcy proceeding, whats left over gets distributed to the creditors.

And actually, during bankruptcy, the company's assets are conveyed to a trustee, not directly to the creditors; the trustee pays the creditors the proceeds of the sale of the assets.

The trustee looks diligently for other options to liquidate 200k BTC, finds that the Bitcoin ecosystem is a hive of scum and villainy, and says that he's willing to consider the consortium's offer.

Anyone have any theories about what will happen to the coins?Smart money says "A lawyer at a downtown Tokyo legal firm with sterling reputation informs the bankruptcy trustee of their desire to purchase certain assets of Mt. Gox. The lawyer demonstrates that they've been engaged by a consortium of foreign investors.

If a non practicing entity has a patent invalidated they are also put through a bankruptcy style procedure whereby a trustee takes a look at what moneys were derived from licensing the invalid patents.

The universe quivers in anticipation but then realizes 'Wait, much more interesting commerce happens in Tokyo every day.' The bankruptcy trustee then begins drafting a memo to stakeholders of the corporation on the likely amount of liquid assets which the corporation controls to satisfy claims made against it."

Physical delivery of the Bitcoins is accomplished by the technical experts nominated by the buyers, in the company of the bankruptcy trustee and the representative director of the company.

Put simply, the Democratic policy aim was to divert the surplus into paying off the debt while preventing lower interest rates from spiking government borrowing/spending by also putting interest savings into the trustee account.