Citibank v. Nyland Cf8) Ltd.

How courts have described this case

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

• “[T]he appointment of a receiver is considered to be an extraordinary remedy . . . [that] should be employed cautiously and granted only when clearly necessary[.]”
• “It is entirely appropriate for a mortgage holder to seek the appointment of a receiver where the mortgage authorizes such appointment, and the mortgagee has repeatedly defaulted on conditions of the mortgage which constitute one or more events of default.”

Source: CourtListener parenthetical corpus (CC0).