Washington Law Review


Ray Graves


A full discussion of the historical development of the law of receivership, of the powers and duties of the numerous kinds of receivers, and of the advantages or disadvantages of receivership as contrasted with bankruptcy and other devices, is beyond the scope of this article. This discussion is limited to an examination of some of the rules governing appointment of general liquidating receivers in the State of Washington. Within that framework we shall examine two facets of the law, viz., (a) the sources and general rules of the law of receivership in Washington, and (b) the procedures to be followed by Washington receivers in the administration of assets and examination of the areas where court rules of procedure would aid in such administration. Wherever Washington law varies from normal receivership patterns those variations will be discussed.

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