Judge Rules Against Matheny in Financial Dispute

3 years 4 months 2 days ago January 19, 2013 Jan 19, 2013 Saturday, January 19 2013 Saturday, January 19, 2013 1:18:00 PM CST in Baseball
By: Associated Press

CLAYTON, MO (AP) -- A St. Louis County judge has ruled against St. Louis Cardinals manager Mike Matheny in his court battle with a bank over foreclosure of property he once owned.

The St. Louis Post-Dispatch reports that Judge Tom DePriest ruled in favor of Business Bank of St. Louis and against Matheny and his wife, Kristin. It isn't clear how much the ruling will cost Matheny but the newspaper says it could be millions.

Matheny and a partner borrowed nearly $12 million from the bank for a planned development in Chesterfield. But the plan suffered when the recession hit. Matheny stopped making payment on the loan.

The bank sued in 2010 and foreclosed on the property. Matheny and the bank have been arguing in court over how much he should owe.

More News

Grid
List
COLUMBIA – Hundreds of bikers made the trek through mid-Missouri Monday on their way to Washington D.C. The riders are... More >>
4 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 8:11:00 PM CDT in News
COLUMBIA - Several people said they received phone calls Monday from an imposter pretending to be Boone County Sheriff Dwayne... More >>
6 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 6:30:00 PM CDT in News
COLUMBIA - Columbia firefighters practiced techniques in searching and removing victims from burning buildings on Monday at the Sigma Nu... More >>
7 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 5:50:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri Republican State Committee is backing closed primaries. Members during the state GOP... More >>
7 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 5:45:00 PM CDT in News
JEFFERSON CITY - Gov. Jay Nixon has set a date for the vote on a constitutional amendment ballot. The... More >>
7 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 5:34:00 PM CDT in News
COLUMBIA - Economic growth is preventing some mid-Missouri employers from finding employees who can pass a drug test. Job... More >>
8 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 5:06:00 PM CDT in News
COLUMBIA - One police officer can check good deed off his Sunday list. Officer Chris Williams safely drove a... More >>
8 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 4:31:00 PM CDT in News
COLUMBIA - One local doctor says theres been a decrease in the amount doctors are prescribing opioids to their patients.... More >>
8 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 4:24:00 PM CDT in News
SPRINGFIELD (AP) — A Springfield zoo is saying goodbye to a hippo that's been the centerpiece of the park for... More >>
9 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 3:54:56 PM CDT in News
FERGUSON (AP) — Ferguson city leaders, struggling to balance a budget decimated by fallout from unrest that followed the police... More >>
9 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 3:48:50 PM CDT in News
COLUMBIA - A national decrease in high school football participation has been attributed to heightened awareness of concussions. The game... More >>
9 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 3:08:00 PM CDT in News
COLUMBIA - Researchers gathered at the Bond Life Science Center on the M.U. campus on Monday to discuss emerging zoonotic... More >>
10 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 3:00:00 PM CDT in News
JEFFERSON CITY - A St. Louis County grand jury returned an 11-count indictment against a licensed professional counselor in the... More >>
10 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 2:55:00 PM CDT in News
COLUMBIA - The Columbia Fire Department is practicing near the University of Missouri campus this week. The department will create... More >>
10 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 2:17:00 PM CDT in News
COLUMBIA - Ten-year-old Connor Strope is Missouri's "Champion Child" for Children's Miracle Network Hospitals. There are five Children's Miracle... More >>
10 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 2:11:00 PM CDT in News
ST. LOUIS (AP) — Authorities say two of three people found dead in a burned St. Louis home had been... More >>
11 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 1:18:15 PM CDT in News
ST. LOUIS (AP) — Police in St. Louis are searching for a car's driver they say hit and killed a... More >>
12 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 1:07:35 PM CDT in News
ST. LOUIS (AP) — A former St. Louis police officer accused of first-degree murder in connection with a 2011 shooting... More >>
12 hours ago May 23, 2016 May 23, 2016 Monday, May 23 2016 Monday, May 23, 2016 12:57:05 PM CDT in News
Columbia, MO
Broken Clouds 67°
2am 67°
3am 65°
4am 65°
5am 64°

Select a station to view its upcoming schedule:

Coming Up Next

12:37a
Last Call with Carson Daly
1:07a
The Insider
1:37a
Access Hollywood
1:00a
The King of Queens
1:30a
Seinfeld
2:00a
Paid Program

Tonight's Schedule

7:00p
The Voice
8:00p
The Voice
7:00p
The Flash
8:02p
Containment
9:01p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld