Citizens National Bank of Greater St. Louis v. Boatmen's National Bank of St. Louis

CRANDALL, Judge.

Harold and Alan Lieberman (Liebermans) appeal from the judgment of the trial court dismissing their motion to set aside a default judgment and directing defendant Boatmen’s National Bank of St. Louis (Boatmen’s) to pay interpleaded funds to the United States Small Business Administration (SBA). We affirm.

The record reveals that the Liebermans were involved in real estate development transactions in Missouri and other states. Citizen’s National Bank of Greater St. Louis (Citizen’s) initiated a civil action against the Liebermans in an attempt to recoup losses *8caused by their…