This post explores those provisions in more detail, including examining the purposes and public policy objectives behind receiver sales, and potential conflicts with California's One Action rule and anti-deficiency framework. With court approval, a receiver may transfer receivership property other than in the ordinary course of business by sale, lease, license, exchange, or other disposition. […]

A group called the Uniform Law Commission does the drafting , and the goal is to come up with a comprehensive and standardized statutory scheme that all states can “opt into” in order to give court cases better clarity and predictability. Examples include the Uniform Trade Secrets Act , the Uniform Fraudulent Transfer Act , […]