The court-appointed receiver of a partnership brought a motion seeking expanded investigative powers to examine a partner and two former employees under oath regarding potential insider transactions.
The partner opposed the motion and brought a cross-motion for production of the receiver's investigative materials.
The court granted the receiver the power to examine the partner, limited to transactions within two years of the receivership, finding it just and convenient to investigate the concerns.
However, the court denied the request to examine the former employees as premature, requiring the receiver to exhaust ordinary investigatory tools first.
The partner's cross-motion was dismissed, and the receiver's fees and activities were approved.