Even worse, his killer would gain control of his assets.
The move was prompted by government concerns about control of its assets should it commit to investing in upgrading the existing hospital.
If a partner is subject to a bankruptcy order, they will have to hand over control of their assets to the official receiver.
Once in control of a company's assets, the brothers' style has been to sell off choice bits.
In addition, some people think it's not such a good idea to relinquish control of your assets to a fund manager.
While an examiner's role is primarily investigative, a trustee actually takes over control of the organization's assets and operations.
A dispute quickly arose between the railway's bondholders and the Allan family over control of the company's assets.
Roper arrangements for the control and custody of the organization's assets should be built into the organization structure.
Given that, the board's endorsement will be a significant factor in deciding who gets control of the airline's assets.
At that time he threatened to file for bankruptcy protection rather than lose control of his assets.