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BANCORPSOUTH BANK v. PARAMONT PROPERTIES

No. ED 95871.

349 S.W.3d 363 (2011)

BANCORPSOUTH BANK, Plaintiff/Respondent, v. PARAMONT PROPERTIES, L.L.C. et al., Defendants/Appellants.

Missouri Court of Appeals, Eastern District, Division Five.

Motion for Rehearing and/or Transfer to Supreme Court Denied August 8, 2011.

Application for Transfer Denied October 25, 2011.

Attorney(s) appearing for the Case

Paul Joseph Puricelli , Stone, Leyton & Gershman, Julie Lynette Brothers, St. Louis, MO, for Keith Barket and Paramont Properties, LLC.

John Ernest Hilton , Carmody MacDonald PC, Clayton, MO, for Bancorp-South Bank.

Gary M. Siegel , Siegel Sevastianos LLP, Clayton, MO, for Julian Hess.

OPINION

MARY K. HOFF, Judge.

Paramont Properties, L.L.C. et. al (Paramont) appeals from the grant of summary judgment in favor of BancorpSouth Bank (BancorpSouth). We affirm.

Factual and Procedural Background

BancorpSouth1 filed suit against Paramont for the deficiency owed on four promissory notes (Notes) Paramont, a local developer, executed between July 12, 2006-March 23, 2007, with respect...

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