Treu v. Humanism Investment, Inc.

Hines, Justice.

This appeal is from the trial court’s denial of a motion to appoint a receiver for a corporation. Finding no abuse of the trial court’s discretion, we affirm.

In 1997, Min-Wei Hsu formed Humanism Investment, Inc., and he acts as the corporation’s president. That year, Scarlet Treu invested $100,000 in the corporation. Shortly thereafter, the corporation purchased a commercial building for $1,055 million; 1 the building is virtually the corporation’s sole asset. Stock certificates in the corporation were not issued until 2000; Treu’s shares amount to ten percent of the stock. In…