: supervisory control by one or more countries over a trust territory
Example Sentences
Recent Examples on the WebThe German government has taken control of Rosneft’s local subsidiaries, placing them under trusteeship as Germany prepares for a looming ban on Russian oil imports. Peter Vanham, Fortune, 16 Sep. 2022 Berlin put Gazprom PJSC’s German natural-gas business, formerly known as Gazprom Germania GmbH, under trusteeship in April. Georgi Kantchev, WSJ, 16 Sep. 2022 The artifacts were then passed into the trusteeship of the British Museum.New York Times, 8 July 2022 After failing to persuade executives of energy companies to take over the business, Mr. Scholz and his aides activated plan B, putting the company under the trusteeship of Germany’s energy watchdog. Bojan Pancevski, WSJ, 16 June 2022 The German government late Monday handed management control of Gazprom Germania to a trusteeship managed by the Federal Network Agency, a government body that oversees power and telecom infrastructure. The Editorial Board, WSJ, 5 Apr. 2022 The trusteeship will stay in place until Sept. 30, German Economy Minister Robert Habeck said. Peter Weber, The Week, 4 Apr. 2022 Brian Rothenberg, a spokesman for the UAW international organization, said that Edmunds has been removed from his role and that Local 412 has asked to be put under trusteeship by the international union.Washington Post, 10 Nov. 2021 Sometimes, the trusteeship under such trusts established by U.S. taxpayers will consist of a foreign trust company and a domestic trust company that act as co-trustees, to avoid having to file as a foreign trust. Alan Gassman, Forbes, 5 Oct. 2021 See More