The court-appointed receiver of a corporation recommended that the company enter a plea agreement and plead guilty to a charge of mail fraud in the United States.
The motion judge approved the recommendation as being within the bounds of reasonableness.
The appellants appealed, arguing the receiver failed to properly assess the risk of conviction and the benefits of the plea agreement.
The Court of Appeal dismissed the appeal, finding no error in the motion judge's conclusion that the receiver's assessment of the risk of conviction, cost savings, and reduced exposure to civil liability and restitution was reasonable.
