Final answer:
A plaintiff can get a temporary receivership when they can show necessity to preserve assets or protect their interests in litigation, by providing evidence at a court hearing.
Step-by-step explanation:
A plaintiff (π) can obtain a temporary receivership when they can demonstrate to the court that it is necessary to preserve assets, maintain the status quo, prevent fraud or waste, or protect their interests in complex litigation scenarios. A temporary receiver is an impartial person appointed by the court to administer, manage, or preserve property that is the subject of litigation, ensuring it remains intact during the trial process. To justify the appointment of a receiver, the plaintiff must prove there is a substantial risk of loss, damage or waste to the property in question, or that the property is involved in illegal activities and needs oversight.To be granted a temporary receivership, an application is typically submitted alongside a verified complaint and often requires a hearing, where the plaintiff must present evidence supporting the need for such an appointment.
If the court is convinced that a temporary receivership is appropriate, it will issue an order outlining the receiver's powers and responsibilities.In legal proceedings, a temporary receivership is a provisional remedy that allows the court to appoint a temporary receiver to manage and preserve the assets of a party involved in a lawsuit. A temporary receivership can be requested by a plaintiff (π) when there is a risk that the defendant may dissipate or mismanage their assets before a final judgment is made. It is typically granted when there is evidence of fraud, embezzlement, or other misconduct.