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YAM CAPITAL III, LLC v. GS HOSPITALITY, LLC

No. SD 36656.

611 S.W.3d 598 (2020)

YAM CAPITAL III, LLC, Respondent, v. GS HOSPITALITY, LLC, Appellant.

Missouri Court of Appeals, Southern District, Division One.

Motion for Rehearing and/or Application for Transfer to Supreme Court Denied November 12, 2020.

Application for Transfer to Supreme Court Denied December 22, 2020.

Attorney(s) appearing for the Case

Appellant's attorneys: Kate Millington & Thomas W. Millington .

Respondent's attorneys: Rodney H. Nichols & Derek A. Ankrom .

(Before Rahmeyer, P.J., Scott, J., and Francis, J.)

The trial court appointed a receiver in proceedings between YAM Capital and GS Hospitality. GS moved to revoke or modify that order. The court refused. GS appeals. Our disposition allows us to be brief.

Background

GS defaulted on a $7.7 million note to YAM secured by GS's motel property in Hollister ("Collateral"). GS obtained...

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