Parkway Bank and Trust Co. v. Meseljevic

Plaintiff Parkway Bank and Trust Company (Parkway) filed an action in chancery court for foreclosure of a construction mortgage and sale of the underlying real property. One of the defendants, Beta Electric, Inc. (Beta), filed a counterclaim asserting the priority of its mechanic’s lien on the property over Parkway’s mortgage. The court granted judgment on the pleadings to Parkway on the counterclaim and denied Beta’s motion for reconsideration. Beta argues the court (1) abused its discretion by striking Beta’s untimely response to Parkway’s motion for judgment, denying Beta’s motion for…