Community Corner
In Lawsuit, Clayton Condo Association Seeks $40K, Taxes
The 700 S. Brentwood Condo Association alleges in court documents that the director and registered agent of an investment company failed to make payments for all unpaid and delinquent taxes on housing units he agreed to make under a November agreement.
This week's Off the Beaten Patch installment explores a breach-of-contract case with ties to Clayton.
Clayton condo association seeks injunction to prevent tax sale of units; alleges breach of contract against director
The 700 S. Brentwood Condo Association is suing Shaw Credit Investments and Shaun Hayes, its director and registered agent, for breach of contract concerning a settlement the two made in November, court documents state.
The association is also seeking an injunction from St. Louis County judge Michael Jamison that would prevent a scheduled August tax sale on six of the units at both 8054 Davis Dr. and 700 S. Brentwood in Clayton.
700 S. Brentwood Condo Association says Hayes has failed to make payments for all unpaid and delinquent taxes on the units he agreed to make under the November agreement.
The association also alleges in the court documents that Hayes breached his fiduciary duty by undercapitalizing Shaw Credit Investments and stripping Shaw Credit of its assets to avoid creditors.
The association is asking for a judgment of $40,000, plus any additional taxes levied on or after Dec. 31. In addition, the association is asking the court to find that it is the equitable owner of the units as of Dec. 1 and to appoint a receiver to manage Shaw Credit.
Donna Webster is president of the association, which is represented by Todd Billy of the Law Offices of Marvin J. Nodiff. Hayes has been involved in a litany of litigation recently in regard to his association with Michael Litz and Bellington Realty.