Patriots Bank v. Black River Motel, LLC

SUPREME COURT OF MISSOURI en banc BLACK RIVER MOTEL, LLC, ET Al., ) Opinion issued June 13, 2023 ) Appellants, ) ) v. ) No. SC99567 ) PATRIOTS BANK, ) ) Respondent. ) APPEAL FROM THE CIRCUIT COURT OF WASHINGTON COUNTY The Honorable Brice R. Sechrest, Judge Patriots Bank (“Bank”) filed a petition seeking the appointment of a receiver, pursuant to the Missouri Commercial Receivership Act (“MCRA”), 1 for Black River Motel, LLC; CHAB Development, LLC; CRAZ Investments, LLC; and Jonesburg Sawmill & Pallet Co., Inc. (collectively “Appellants”). After the circuit court entered an order appointing a…