NATIONAL PARTNERSHIP INV. v. NATIONAL HOUSING DEV.

No. 97-5178.

153 F.3d 1289 (1998)

NATIONAL PARTNERSHIP INVESTMENT CORP., a California Corporation, as the managing general partner of National Corporate Tax Credit Fund V, a California limited partnership and National Tax Credit Management Corp. I, a California Corporation, Plaintiff-Appellee, v. NATIONAL HOUSING DEVELOPMENT CORPORATION, a Florida non-profit corporation, Defendant-Appellant.

United States Court of Appeals, Eleventh Circuit.

September 10, 1998.


Attorney(s) appearing for the Case

Elaine Johnson James, Gregory L. Scott, Nason, Yeager, Gerson, White & Lioce, P.A., West Palm Beach, FL, for Defendant-Appellant.

Stanley A. Beiley, Miami, FL, for Plaintiff-Appellee.

Before HATCHETT, Chief Judge, BLACK, Circuit Judge, and KRAVITCH, Senior Circuit Judge.


BLACK, Circuit Judge:

Defendant-Appellant National Housing Development Corp. (NHDC) appeals the district court's order appointing a receiver pendente lite in this foreclosure action. The appeal raises two narrow questions of law: (1) whether the appointment of a receiver by a federal court exercising diversity jurisdiction is governed by state or federal law; and (2) what standard of review this Court should apply in reviewing the appointment of a receiver. We conclude...

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