Remuneration

The remuneration of a court receiver is fixed by the terms of the order appointing him or her. Alternatively, it may be fixed by a subsequent order. Without an order, the receiver generally has no right to remuneration, but may be allowed compensation if the work has conferred an incontrovertible benefit to the corporation. As with other liabilities, the receiver has no right to claim remuneration from the parties to the action, and must look to the assets under his or her control.

A private receiver’s remuneration is as agreed between him or her and the appointing creditor, but is subject to review by the court.

See Remuneration.