Ludlum Enterprises, Inc. v. Deem Investment Corp.
Ludlum Enterprises, Inc. v. Deem Investment Corp.
Opinion of the Court
We have reviewed the briefs and record on appeal and heard oral argument. On the basis thereof, we are of the opinion that no reversible error has been demonstrated. The judgment appealed from is, therefore, affirmed. See Arison Shipping Company v. Klosters Rederi A/S, Fla.App.1971, 259 So.2d 784; Edenfield v. Crisp, Fla.App.1966, 186 So.2d 545, arid Insurance Management, Inc. v. McLeod, Fla.App.1966, 194 So.2d 16.
Affirmed.
Dissenting Opinion
(dissenting):
The appointment of a receiver in this case represented an abuse of discretion and was in nowise legally justified by the facts and circumstances of this case. Among other insufficiencies, there was no showing of fraud, mismanagement, insolvency, danger or peril to the property, or that the appellee would ultimately prevail. Further, there were other more reasonable avenues of assurance and protection available to the court.
I would reverse.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.