Gold
Gold v. Gold Realty Co.
Opinion
Opinion
Turner, J.
I. INTRODUCTION
Defendants Richard E. Gold, Emily Gold Mears, and Jean Gold Friedman, appeal from a July 28, 2003, order appointing a limited purpose receiver to market and sell real property which was the subject of a September 26, 1996, judgment entered by now retired Judge Richard G. Harris. We affirm the July 28, 2003, order because the trial court did not abuse its discretion in appointing a limited purpose receiver to enforce the terms of the September 26, 1996, judgment ordering the marketing and the sale of the property.
II. BACKGROUND
The parties in this action are relatives who own shares in three closely held real estate corporations: Gold Realty Company; Gold’s Incorporated; and Essex Corporation. The corporations were formed by the family patriarch, Morris Gold, who was the husband of Julia and the father of Richard and Ruth. Ruth married Charles Gold. Prior to his marriage to Ruth, Charles was not a member of the Gold family. Ruth and Charles had two sons, Robert and David. Richard and his wife Harriet had two daughters, Jean Gold Friedman and Emily Gold Mears. Julia died on November 6, 1990. Morris died on April 2, 1992.