dissesion & deadlock: judicial remedies:
1. Ct will appoint a receivership if (in addition to all other remedies being inadequate!)
i. corp. is insolvent (or threat of imminent insolvency)
ii. BOD is deadlocked leading to irreparable harm
iii. illegal, oppressive or fraudulent acts by BOD
iv. corp. assets are being wasted or misapplied
v. can’t elect BOD for 2 consecutive years
2. Ct may dissolve the corporation only if after another year (after recivership) there is no plan to fix the corporation
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