ABSTRACT
The appointment of a receiver or receiver-manager out of court or by the court is a method provided for in the Companies Acts in Antigua, the Bahamas, Barbados, Dominica, Grenada, Guyana, Montserrat, St Lucia, St Vincent and Trinidad and Tobago, 1 and the Bankruptcy and Insolvency Act (BIA) in Barbados, St. Vincent and Trinidad and Tobago, 2 by which debenture-holders may enforce their security interest. The Jamaican Act does not expressly confer such a right on debenture-holders, but it includes a number of provisions on receivers and managers. 3 In Jamaica, as in Belize and St Christopher/Nevis, the appointment of receivers of companies is governed almost exclusively by the provisions in the debenture which provides for their appointment.
