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ILLAPPCT· 11/18/1981

Prassas v. Nicholas W. Prassas & Co.

Citations

  • 430 N.E.2d 28
  • 102 Ill. App. 3d 319
  • 58 Ill. Dec. 86
  • 1981 Ill. App. LEXIS 3693

How courts have described this case

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

  • \appointment of a receiver is an extraordinary and drastic remedy to be exercised with great caution\
  • existence of dissension, fraud, misconduct, or mismanagement that makes it impossible for business to continue or to preserve its assets
  • “appointment of a receiver is an extraordinary and drastic remedy to be exercised with great caution”

Source: CourtListener parenthetical corpus (CC0).

Judges: McNAMARA

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.