ATCO CONST. & DEV. CORP. v. Beneficial Sav. Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• reversing appointment of a receiver where witness testified that she did not know the condition of the property and there was no showing of waste
• reversing receivership where there was no evidence that there was a tenant on the premises or that any rents were being collected
• “[A] court of equity should appoint a receiver unless the mortgagor makes it clear that the real property covered by the mortgage will sell for enough to pay the debt and charges due the mortgagee and thus affords ample and entirely adequate security.”

Source: CourtListener parenthetical corpus (CC0).