In what circumstances will a receiver and manager be appointed to a debtor's trust?
Saskatchewan, Canada
The following excerpt is from Pelican Lake First Nation v. Bill, 2003 SKQB 566 (CanLII):
In the present case, the applicants have not set forth their claim against the respondents, the nature of their interest in the assets to be placed under the control of a receiver and manager, or their status to seek the appointment of a receiver in a statement of claim or counterclaim. Accordingly, their application must fail on this ground alone. It is of note that in Chapman v. Chicago the plaintiffs commenced an action against the defendants and therein sought the appointment of a receiver and manager.
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