Ill. R. Cir. Ct. Dupage Cnty. 11.01

As amended through September 23, 2024
Rule 11.01 - QUALIFICATIONS AND APPOINTMENT OF RECEIVERS
(a) Appointment of receivers shall be in accordance with 735 ILCS 5/2-415 (Code of Civil Procedure), and any other applicable statute, Illinois Supreme Court Rule or Rule.
(b) Except as provided in (c) of Rule 11.01, an appointment as receiver shall not be granted to an individual or to a corporation having a principal officer who:
(1) Is related by blood or marriage to a party or attorney in the action;
(2) Is an attorney for, or of counsel for, any party of this action;
(3) Is an officer, director, stockholder or employee of a corporation, the assets of which are in question; or
(4) Stands in any relation to the subject of the controversy that would tend to interfere with the impartial discharge of a receiver's duties as an officer of the court.
(c)Exception. If the Court is satisfied that the best interests of the estate would be served, an individual or corporation otherwise disqualified under Section (a) of Rule 11.01 may be appointed as receiver by an order specifically setting forth the reasons for departing from the general rule. A receiver so appointed shall serve wholly without compensation, unless otherwise ordered by the Court upon good cause shown.
(d) A petition for the appointment of a receiver shall set forth sufficient facts to warrant the appointment; mere conclusions will not suffice. However, failure to set forth such facts may be cured if the Court holds an evidentiary hearing on the petition and sufficient facts are adduced at that hearing.

Ill. R. Cir. Ct. Dupage Cnty. 11.01