QUESTION: I have concluded my work as a receiver in a case, and the parties have requested that I enter into a stipulation with them waiving my final account and report discharging me as a receiver so they can avoid the cost and delay of my preparing a final account and report and the hearing on same. Is this a good practice?
ANSWER: Although in the past parties would sometimes enter into stipulations with a receiver to waive his or her final account and report and stipulate to the receiver’s discharge, so as to avoid the cost involved, in 2002, Rule of Court 1908 was adopted, which changed the ...
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