Waag v. Hamm

MEMORANDUM OPINION AND ORDER

BABCOCK, District Judge.

Defendants, Edward Hersey Hamm (“Hamm”) and Red River Valley Investments Company (“Red River”) (collectively, “defendants”), move for appointment of a receiver to maintain and protect certain real property located in Aspen, Colorado. Plaintiff, Linda Levin Waag (“Waag”), objects to receivership. Jurisdiction exists pursuant to 28 U.S.C. § 1332 and this court’s inherent equity jurisdiction. For the reasons set forth below, I deny defendants’ motion.

I. BACKGROUND

The following material facts are undisputed unless otherwise noted. Waag and Hamm…