Diaz v. Fernandez

Opinion by

Judge RULAND.

Pursuant to C.A.R. 1(a)(4), plaintiffs, Roberto and Sara Diaz, appeal from an order denying their motion for appointment of a receiver for defendant, Den-Mex Limited Liability Company (Den-Mex). We reverse and remand for further proceedings.

Plaintiffs hold a 49% interest in Den-Mex, a company which operates an FCC licensed radio station. Defendants, Manuel and Ma-galy Fernandez, hold a 51% interest in Den-Mex and act as the company’s managers.

Plaintiffs filed a verified complaint against defendants alleging that the company’s assets were being dissipated by…