Receivership (Rule 59)

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1. What form of application does Rule59 Section1 require for appointment of a receiver?
2. Before entering upon duties, what must the receiver do under Section4?
3. Whose control governs a receiver’s general powers under Section6?
4. A co-owner asks for a receiver solely because litigation exists. The verified facts show no danger to the fund and no o…
5. A receiver wants to invest funds under custody. Is the receiver’s belief that the investment is prudent alone sufficien…
6. During an appeal, a litigant asks the trial court to appoint a receiver over the subject property. It argues that the t…
7. The preservation need has ended. The receiver proposes to keep operating the property indefinitely and distribute the r…
8. A party claims an interest in a disputed fund but shows no threatened loss, removal, or material injury. Analyze an app…
9. Distinguish the applicant’s bond from the receiver’s own oath and bond.
10. Explain judicial supervision over a receiver’s administration and the termination of receivership.
11. Can a mortgagee’s foreclosure case have a receivership basis under Rule59 Section1(b)?
12. Does Rule59 require leave of the appointing court before an action is filed by or against its receiver?