IF SIMPLE AND NOT CONTESTED - IF CONTESTED OR NOT SO SIMPLE 1.APPLICATION- APPLICATION FOR CUSTODIANSHIP 2.MOTION FOR APPOINTMENT OF CUSTODIAN- THE PROCESS TO BEGIN TAKING OVER TICKER 3.CERTIFICATE OF SERVICE - PROOF THAT ALL PARTIES WERE SERVED- CAN TAKE PLACE THROUGHOUT PROCESS 4.AFFIDAVIT OF PUBLICATION- PUBLISHING TO THE PUBLIC THAT YOU ARE TAKING OVER SAID COMPANY 5.SHOW CAUSE- CAN BE A NUMBER OF THINGS.EXPLAIN/JUSTIFY SOMETHING TO THE COURT, ALSO A WAY OF EXPEDITING THE PROCESS ETC. 6.REQUIRE PROOFS OF CLAIM- ALLOWING OLD MANAGEMENT/CREDITORS TO PROVE THEY ARE OWED 7.BAR UNASSERTED CLAIMS- BARRING POTENTIAL CLAIMS 8.MOTION TO TERMINATE CUSTODIAN- THE PROCESS OF LEAVING THE TICKER SO IT CAN BE SOLD
OTHER COURT ORDERS DEPENDING ON TICKER/ISSUE A- STATUS CHECK - REVIEWING THE STATUS B- IF CONTESTED -MOTION TO VACATE/OPPOSITION TO CUSTODIAN