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Corporate : Limited Liability Companies – Membership Interests – Foreclosure Request

Stephanie Maniscalco//June 18, 2015

Corporate : Limited Liability Companies – Membership Interests – Foreclosure Request

Stephanie Maniscalco//June 18, 2015

Where appellant sought a court-ordered foreclosure and sale of membership interests held by respondent in two Missouri limited liability companies, denial of the appellant’s request is affirmed because the appellate court finds on an issue of first impression that such a remedy is not authorized by Missouri case law or statute.

Judgment is affirmed.

Disalvo Properties, LLC v. Bluff View Commercial, LLC (MLW No. 67933/Case No. ED101977 – 11 pages) (Missouri Court of Appeals, Eastern District, Clayton III, J.) Appealed from circuit court, St. Louis County, Vincent III, J. (Steven W. Koslovsky for appellant) (Steven M. Hamburg for respondent).

Read the full text of this opinion. (PDF)

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