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STOKORS S.A. v. MORRISON

No. 97-2121.

147 F.3d 759 (1998)

STOKORS S.A., Appellant, Mission Bank, Plaintiff, v. Richard E. MORRISON, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided June 26, 1998.

Rehearing Denied August 12, 1998.

Attorney(s) appearing for the Case

Jennifer S. Lohman, St. Louis, MO, argued (Susan Bradley Buse, St. Louis, MO, on the brief), for Appellant.

James F. Freeman, Kansas City, MO, argued (Thomas M. Moore, Kansas City, MO, on the brief), for Appellee.

Before RICHARD S. ARNOLD, Chief Judge, and McMILLIAN and MAGILL, Circuit Judges.

MAGILL, Circuit Judge.

Richard Morrison owed a judgment of $4,167,540.07, plus interest, to Stokors S.A. and the Mission Bank on a guaranty of a loan. Morrison filed a motion under Federal Rule of Civil Procedure 60(b) for satisfaction of the judgment. The district court granted Morrison's motion, holding under Rule 60(b)(5) that it was no longer equitable that Morrison's money judgment should have prospective application. Stokors now appeals, and we reverse.

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