First American Development Group/Carib, LLC v. WestLB AG
Supreme Court of The Virgin Islands
1Opinion of the Court
OPINION OF THE COURT
(July 26, 2011)
Hodge, C.J.
Appellant First American Development Group/Carib, LLC appeals from the Superior Court’s June 9, 2010 Opinion and Order appointing Richard Morawetz as receiver for properties owned by First American and mortgaged to Appellee WestLB AG, as well as an April 8, 2010 Order that reaffirmed the appointment of the receiver. For the reasons that follow, we will dismiss First American’s appeal for lack of jurisdiction.
I. FACTUAL AND PROCEDURAL BACKGROUND
On March 28, 2007, First American and WestLB entered into a loan and security agreement in which WestLB…
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