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UMB BANK, NA v. PARKVIEW SCHOOL, INC.

No. 1 CA-CV 21-0354.

523 P.3d 1261 (2023)

UMB BANK, NA, Plaintiff/Appellee, v. PARKVIEW SCHOOL, INC., et al., Defendants/Appellants.

Court of Appeals of Arizona, Division 1.

Filed January 5, 2023.

Attorney(s) appearing for the Case

Spencer Fane LLP, Phoenix, By Richard H. Herold, Jr. , Jessica Anne Gale , Andrew M. Federhar , Counsel for Plaintiff/Appellee.

Dickinson Wright, PLLC, Phoenix, By Bradley A. Burns , Vail Cloar , Amanda E. Newman , Counsel for Defendants/Appellants.

Judge Peter B. Swann delivered the opinion of the court, in which Presiding Judge Cynthia J. Bailey and Judge D. Steven Williams joined.

OPINION

¶1 This is an appeal from an order appointing a receiver for a school-charter holder that defaulted on its obligation to repay a secured loan funded by bond proceeds. The appellants contend that the action was barred based on the absence of a notice of claim under A.R.S. § 12-821.01, the expiration of the...

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