Moon v. Tower Grove Bank & Trust Co.

PUDLOWSKI, Presiding Judge.

Plaintiffs-Appellants Moon brought a libel action against defendant/third party plaintiff-respondent Tower Grove Bank and Trust Company and third party defendant-respondent Paul A. Hennerich, III. On appeal, appellants argue that the trial court erred in dismissing their petition on the basis of the collateral estoppel effect of two prior court orders. We reverse.

Respondent, Tower Grove Bank, originally sued appellants Gussie and Elizah Moore in St. Louis County Magistrate Court under a promissory note allegedly co-signed for Gussie’s daughter. On April 21, 1976, a…