The applicant, Junhua Wang, sought the appointment of a receiver and manager over real property owned by the respondents, Hong Jing and Lihan Jing, under a matured and unpaid mortgage.
The respondents objected, arguing the mortgage was part of a broader financing arrangement involving third parties and ongoing litigation.
The court found the appointment of a receiver just and convenient, given the default, the risk to the applicant’s security, and the lack of evidence that the applicant was party to the broader arrangements.
The court also addressed evidentiary objections regarding the applicant’s affidavits and settled the process for finalizing the receivership order.
