11500 SPACE CENTER v. PRIVATE CAPITAL GROUP

No. 20200280-CA.

516 P.3d 750 (2022)

2022 UT App 92

11500 SPACE CENTER LLC, Space Center Boulevard Land Development LP, Cullen's LLC, And Bermuda Dunes Development LP, Appellants, v. PRIVATE CAPITAL GROUP INC. and PCG Credit Partners LLC, Appellees.

Court of Appeals of Utah.

Filed July 29, 2022.


Attorney(s) appearing for the Case

Andrew G. Deiss and Seth A. Nichamoff , Attorneys for Appellants.

Jeremy C. Reutzel and Jarom R. Jones , Attorneys for Appellees.

Judge Ryan D. Tenney authored this Opinion, in which Judges Gregory K. Orme and David N. Mortensen concurred.


Opinion

¶1 PCG Credit Partners LLC (Lender) entered into a loan agreement with 11500 Space Center LLC, Space Center Boulevard Land Development LP, Cullen's LLC, and Bermuda Dunes Development LP (collectively, Space Center). Private Capital Group Inc. (Servicer), an affiliate of Lender, serviced the loan.

¶...

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