// Workers AI · dad joke modeWhat did the official assignee say? I'm assigned to assist.
An official assignee is an officer in the law court who distributes a bankrupt's assets to the creditors. He also assists the bankrupt to relieve of his obligations to the creditors.
Under the bankruptcy system operating in the United Kingdom before 1869, such officers were appointed by the Lord Chancellor, accountants or from the commercial world.[1]
Notes
[edit]- ↑ David M. Walker (1980). The Oxford Companion to Law. Clarendon Press. p. 901. ISBN 978-0-19-866110-8.
 | This law-related article is a stub. You can help Wikipedia by adding missing information. |