BETHLEHEM STEEL v. WILLIAMS INDUSTRIES

Record No. 920394.

425 S.E.2d 484 (1993)

BETHLEHEM STEEL CORPORATION v. WILLIAMS INDUSTRIES, INC., et al.

Supreme Court of Virginia.

January 8, 1993.


Attorney(s) appearing for the Case

Leslie M. Alden (John B. Connor, James F. Hibey, Verner, Liipfert, Bernhard, McPherson and Hand, on briefs), for appellant.

Darwyn H. Lesh (Patrick Boland, on brief), for appellee Williams Industries, Inc.

Michael A. Grow, for appellee Atlas Machine and Iron Works, Inc.

Present: CARRICO, C.J., COMPTON, STEPHENSON, WHITING, HASSELL and KEENAN, JJ., and POFF, Senior Justice.


STEPHENSON, Justice.

The dispositive issue in this appeal is whether the trial court erred in appointing a receiver to supervise and conserve a debtor's assets and in enjoining a secured creditor from foreclosing on the assets.

The factual background and procedural history of this case are quite convoluted and span more than a decade. By a deed of trust dated October 24, 1980, and amended by an instrument dated October 12, 1982, Atlas Machine & Iron Works...

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