Fletcher v. Convergex Group, LLC

How courts have described this case

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

• finding that “where an explicitly stated and contemplated end of the receivership” is a complex, multi-property, and multi-state foreclosure action, receivership can be appropriate even when “no [other] immediate relief” is sought
• observing that “the existence of any imminent danger of the diminution of the value of the properties . . . is a critical factor in the analysis of whether to appoint a receiver”
• observing that “the existence of any imminent danger of the diminution of the value of the properties . . . is a critical factor in the analysis of whether to appoint a receiver”
• granting receivership where “[t]he near certainty of inexorable and substantial diminution in the [properties’] value has been established”
• finding provision that stated plaintiff “may . . . apply for the appointment of a . . . receiver” “strongly support[ed]” such appointment (internal quotation marks omitted)
• appointing receiver pending later action for foreclosure, as “it would not serve the purpose of equity to dismiss this case and force the plaintiff to file a foreclosure action in six different states before the appointment of a receiver”

Source: CourtListener parenthetical corpus (CC0).