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NELI Int'l Inc. v. Premier Rest. Grp. LLC

Canadian Financier Granted Temporary Receiver in Suit to Foreclose on Loan's Collateral

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OPINION & ORDER Pending before the Court is Plaintiff NELI International Incorporated’s (“NELI” or “Plaintiff”) motion for a temporary receiver. ECF No. 8. On March 31, 2023, the Court initially denied Plaintiff’s emergency motion and request for a temporary restraining order (“TRO”) against the Defendants Premier Restaurant Group, LLC (“Premier”), Forever Brands Operating Company, LLC (“Forever Brands”), Cheeburger Operating Company, LLC (“Cheeburger”), and Cheeburger VA, LLC (“Cheeburger VA”), (collectively the “company Defendants”) and Anthony Wedo (“Wedo”). ECF No. 18. On April 13, 2023, the Court held a hearing to address Plaintiff’s motion. On May 5, 2023, the Court held a subsequent telephonic conference to further address Plaintiff’s motion. BACKGROUND I. Factual Background Plaintiff is a Canadian corporation incorporated and with a principal place of business in Ontario, Canada, and is in the business of providing loans and other forms of financing to other businesses. Compl.

4-5. Each of the company defendants — Premier, Forever Brands, Cheeburger, and Cheeburger VA — is a Delaware limited liability company, and the individual defendant, Wedo, resides in and is a citizen of the State of Delaware. Id.

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