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NORTHAMPTON N. BK. OF EASTON v. PISCANIO

475 Pa. 57 (1977)

379 A.2d 870

The NORTHAMPTON NATIONAL BANK OF EASTON, Appellee, v. Michael PISCANIO and Maryann Piscanio, jointly and Individually, and Michael Piscanio and Maryann Piscanio, trading as Penn Communications, and t/a Communications Equipment Leasing Services of Lehigh Valley, and Penn Communications Specialties Inc., and M I C O Inc. (Repeater Services), and Maran, Inc. (Repeater Services), Appellants.

Supreme Court of Pennsylvania.

Decided October 7, 1977.

Rehearing Denied November 30, 1977.

Attorney(s) appearing for the Case

Dean L. Foote, John M. Ashcraft, III, Allentown, for appellants.

Gus Milides, R.J. Shiroff, Easton, for appellee.

Before JONES, C.J., and EAGEN, O'BRIEN, ROBERTS, POMEROY, NIX and MANDERINO, JJ.

OPINION OF THE COURT

MANDERINO, Justice.

The dispute in this case arose as a result of the appointment of a temporary receiver with control over the business interests of the appellants. The Court of Common Pleas of Northampton County appointed the receiver on petition of the appellee as secured creditor of the appellants. The appellants argue that the court erred in appointing the receiver under the facts and circumstances of this case.

The facts...

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