Scott E. Mollen, a partner at Herrick, Feinstein and an adjunct professor at St. John's University School of Law discusses 'Lavi v. Assa,' where a temporary receiver was appointed, as plaintiff might have lost equity interest in the subject property.
August 29, 2017 at 02:01 PM
1 minute read
Temporary Receiver Appointed—Investor Dispute—Defendant Allegedly Reneged on Joint Venture—Allegations of Fraud and Mismanagement—Operation of Apartments as Illegal Hotel
The plaintiff moved for an order pursuant to CPLR 6301, enjoining defendants from “selling, transferring, or hypothecating” the subject premises (property) without the plaintiff’s consent and pursuant to CPLR 6401, appointing a temporary receiver during the pendency of the action. The court granted both motions.
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