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MIDWEST SAV. ASS'N v. RIVERSBEND ASSOCIATES

No. Civ. 3-89-672.

724 F.Supp. 661 (1989)

MIDWEST SAVINGS ASSOCIATION, a Federal Association, Plaintiff, v. RIVERSBEND ASSOCIATES PARTNERSHIP, a Minnesota General Partnership, Defendant.

United States District Court, D. Minnesota, Third Division.

November 3, 1989.

Attorney(s) appearing for the Case

Patrick J. McLaughlin and Mary E. Senkus, Oppenheimer, Wolff and Donnelly, Minneapolis, Minn., for plaintiff.

ORDER DENYING APPOINTMENT OF FEDERAL EQUITY RECEIVER

DEVITT, District Judge.

Plaintiff seeks appointment of a Federal Equity Receiver under Federal Rule of Procedure 66 to collect rent payments and manage Minnesota real estate during mortgage foreclosure proceedings and a redemption period.

Plaintiff alleges no grounds in support of its motion. Its counsel suggests that the existence of a default in the mortgage alone mandates the appointment of...

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