A court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all WordNet 3.0 & Open English WordNet

In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent. Wikipedia

A legal term regarding custodial rights on property Wikidata

The state of being under the control of a receiver. Wiktionary

State of being under the control of a receiver. Wiktionary (translation)