Plote, Inc. v. Minnesota Alden Corp.

On July 16, 1976, during a mortgage foreclosure action, Stuart Kaiserman was appointed receiver, pendente lite. The court instructed him to manage, conserve, and complete construction of the mortgaged property — an unfinished apartment complex. The issues raised on appeal are whether the trial court abused its discretion in awarding fees and whether it was error to discharge the receiver and his surety.

Between July 1976 and June 1980, the receiver filed six fee petitions. The first five petitions were supported by time sheets which detailed the activities of the receiver, and these petitions…