BV Capital, LLC v. Larry Hughes, and Third Street Investors, LLC

ROBERT G. DOWD, JR., Presiding Judge

Larry Hughes appeals from the trial court’s grant of summary judgment against him and in favor of BV Capital. We reverse and remand.

In 2006, Hughes, Darius Miles, Carrie Dunne, Marshall Faulk, Cornell Haynes, II, and Scott Rosenblum formed Third Street Investors, LLC (“TSI”) to acquire and redevelop real property located at 800-814 North Third Street, St. Louis, MO 63102 (“the Property”). TSI was owned by Hughes, Miles, and North Meramec Investors, LLC (“NMI”). NMI was owned by Faulk, Haynes, Rosenblum, and Dunne.

Truman Bank made a loan to TSI in relation…