California, United States of America
The following excerpt is from W & W Properties of Orange County LLC v. Heritage Gardens Properties Inc., G043949, Super. Ct. No. 07CC05906 (Cal. App. 2011):
564, subd. (b)(9).) "In a civil action, a receiver is an agent and officer of the court, and property in the receiver's hands is under the control and continuous supervision of the court." (People v. Stark (2005) 131 Cal.App.4th 184, 204.) "[T]he appointment of a receiver is a drastic remedy to be employed only in exceptional circumstances. . . . '[R]eceivers are often legal luxuries, frequently representing an extravagant cost to a losing litigant.'" (City and County of San Francisco v. Daley (1993) 16 Cal.App.4th 734, 744.)
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