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 (http://bit.ly/WbF7gZ ) 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.
---
Information from: St. Louis Post-Dispatch, http://www.stltoday.com

Top MLB Public Bets

MLB Top Stories

Thumbnail Opening 2018 World Series Odds The 2018 World Series opening odds have been released. Who is favored, who is the biggest challenger, and who is also in the mix?
Thumbnail Astros vs. Dodgers Pick Are the Houston Astros going to clinch their first-ever World Series title Wednesday night in Game 7 with an upset win at the Los Angeles Dodgers? Game time is...
Thumbnail Astros vs. Dodgers Pick Can the Houston Astros clinch their first-ever World Series title Tuesday night in Game 6 at the Los Angeles...
Thumbnail Dodgers vs. Astros Pick Are the Los Angeles Dodgers going to ride Clayton Kershaw to a victory over the host Houston Astros in a pivotal Game 5 of the World Series Sunday night? First pitch is at...
Thumbnail Dodgers vs. Astros Pick Are the Houston Astros going to win a third straight game over the visiting Los Angeles Dodgers Saturday night in Game 4 of the World Series? First pitch is at...

MLB Team Pages