Jul. 23 at 3:48 PM
$OPTI Does anyone "in the know" have any idea when Singer will file the final paperwork with the courts? I don't know much about the receivership process, but in doing some research with AI, it looks like a final discharge of receivership still needs to happen through the courts.
From AI:
Typically, the sequence looks like this:
- The court appoints the receiver.
- The receiver carries out the court's instructions (e.g., takes control of assets, transfers shares, completes a sale).
- The receiver files a final report and accounting describing what was done and how funds were handled.
- The receiver requests approval of the final report, approval of any remaining fees and costs (if not already approved), and discharge as receiver.
- The court enters an Order Discharging Receiver (or a similar final order), which formally ends the receivership.
... character limit reached, so continuing in the comments of this post...
