Supreme Court
Decision Information
Decision information:
Abstract: Application to pass accounts of receiver-manager and to approve and direct acceptance of settlement of a claim in litigation - Receiver-manager contends a settlement of $7,800.00 was negotiated between alleged debtor Galek and Ookpik Sales and Services - Galek denies any settlement was made.
Decision: Application granted - Court accepted the evidence of the receiver-manager that a settlement had been negotiated - Court further noted that the receiver-manager was correct in requiring court approval of the settlement.
Subjects: Receivers - Actions by and against receivers
Receivers - Rights and powers - Court-appointed receiver
Decision Content
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