Heartland Bank v. Lng Resources, 08ap-410 (12-2-2008)

OPINION

{¶ 1} Timothy M. Glass ("appellant") is a principal member of LNG Resources, LLC, an insolvent real estate management company that defaulted on a mortgage and cognovit note to Heartland Bank resulting in judgments for the bank totaling $1,716,540. Neither LNG nor appellant appealed the judgments. Subsequently, the bank requested that the trial court appoint a receiver, and the court granted that request. Appellant, however, refused to comply with the court's order. Appellant filed this appeal claiming that the trial court abused its discretion in appointing the receiver. For the…