How to use in the hands of the receivers in a sentence? Find typical usage patterns (collocations)/phrases/context for "in the hands of the receivers" and check conjugation/comparative form for "in the hands of the receivers". Mastering all the usages of "in the hands of the receivers" from sentence examples published by news publications.
The parent company Hawkins of Harrow ran into financial difficulties in the early 1990s which impacted Northern Sports resulting in receivers taking control of the profitable tracks in 1995. While in the hands of the receivers Grant Thompson, the stadium suffered a catastrophic grandstand fire on Sunday 27 December. The receivers had hoped to sell it for £1.5 million to developers but Erewash Borough Council voted unanimously (44-0) that the track would remain a sporting venue. However that plan was scuppered after the fire which local police treated as suspicious.
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In the mid-1880s the firm ran into trouble with a series of U.S. Navy contracts which became the subject of political controversy. Roach had signed the contracts under a Republican administration, but when the Democratic administration of Grover Cleveland came to power, it voided one of the contracts. Doubts over the validity of the remaining three contracts made it impossible for John Roach & Sons to obtain loans, and in 1885 the Roach shipbuilding empire was forced into receivership. John Roach died at the age of 71 on January 10, 1887, while his firm was still in the hands of the receivers.
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Wembley Greyhounds opened on the 10 December and although the venue will forever be known for football, the irony is that it was greyhound racing that had kept the stadium afloat in its early days. The stadium on the verge of bankruptcy and closure was bought by Arthur Elvin who brought in greyhound racing which saved the stadium from being demolished. Elvin had secured Wembley Stadium by putting a 10% deposit down for a total of £122,500. He had originally won the contract to demolish the site for owner James White who died shortly after leaving the stadium in the hands of the receivers; Elvin set up a new company and he became the Managing Director.
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