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IN RE MARRIAGE OF DAVIS

No. 06-11-00127-CV.

418 S.W.3d 684 (2012)

In the Matter of the MARRIAGE OF Eleanor Fox DAVIS and William Barnes Davis.

Court of Appeals of Texas, Texarkana.

Decided: June 12, 2012.

Attorney(s) appearing for the Case

Phil N. Smith , Phil Smith, PLLC, Sulphur Springs, for appellant.

William C. Martin, III, Law Office of Wm. C. Martin, III and Ebb B. Mobley , Longview, for appellee.

Before MORRISS, C.J., CARTER and MOSELEY, JJ.

OPINION

Opinion by Chief Justice MORRISS.

Based on a Rule 11 agreement reached in a spirited divorce case between William Barnes Davis and Eleanor Fox Davis, a receiver was appointed to preserve and sell the assets of Fox Crest Farm, LLC — owned and managed solely and informally by William and Eleanor.

The LLC owns and operates a horse farm "intended to be a manager-managed LLC with the two named managers being" Eleanor and William. According...

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