The plaintiff corporation sought continuation of a preservation order restricting the defendant from dealing with equity in a replacement property pending trial.
The underlying action alleged unpaid renovation work and a loan for property taxes, claiming the parties agreed payment would come from the proceeds of sale of a prior property.
The defendant denied any contract and disputed the extent of renovations.
The court found significant credibility conflicts requiring resolution at trial but concluded there was a serious issue to be tried and a sufficient connection between the proceeds of the original property and the equity in the replacement property to justify relief under Rule 45.02.
The preservation order was continued with procedural directions to move the action expeditiously to trial.
