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LOP Capital, LLC v. Cosimo, LLC

Court of Appeals of South Carolina
Jun 19, 2013
2013-UP-274 (S.C. Ct. App. Jun. 19, 2013)

Opinion

2013-UP-274

06-19-2013

LOP Capital, LLC, Appellant, v. COSIMO, LLC; Capital Investment Funding, LLC, and CIF Property Holdings, LLC, Respondents. Appellate Case No. 2012-207046

Nelson S. Chase, of Mount Pleasant, for Appellant. George Brandt, III, of Henderson, Brandt, & Vieth, PA, of Spartanburg, for Respondent COSIMO, LLC, and Stanley T. Case, of Butler, Means, Evins, & Brown, PA, of Spartanburg, for Respondents Capital Investment Funding, LLC, and CIF Property Holdings, LLC.


UNPUBLISHED OPINION

Heard February 13, 2013

Appeal From Spartanburg County Gordon G. Cooper, Master-in-Equity

Nelson S. Chase, of Mount Pleasant, for Appellant.

George Brandt, III, of Henderson, Brandt, & Vieth, PA, of Spartanburg, for Respondent COSIMO, LLC, and Stanley T. Case, of Butler, Means, Evins, & Brown, PA, of Spartanburg, for Respondents Capital Investment Funding, LLC, and CIF Property Holdings, LLC.

PER CURIAM

LOP Capital, LLC, (LOP) appeals the trial court's dismissal of its action against COSIMO, LLC, Capital Investment Funding, LLC, and CIF Property Holdings, LLC (Respondents). It asserts the trial court erred in dismissing the action due to LOP's failure to answer Respondents' purported counterclaims, arguing no counterclaim was asserted. LOP also argues the court erred in dismissing the action due to LOP's failure to name Strategic Lending Solutions, LLC, as a real party in interest under Rule 17(A), SCRCP.

After the trial court dismissed LOP's present action, LOP and Strategic Lending Solutions, LLC, filed a new action (Second Action) against Respondents similar to LOP's amended complaint in the present action. Respondents acknowledged the present action was dismissed without prejudice and the trial court's dismissal will have no preclusive effect in the Second Action. A decision by this court would have no practical legal effect upon the existing controversy. Accordingly, we find LOP's appeal is moot. See Byrd v. Irmo High Sch., 321 S.C. 426, 431, 468 S.E.2d 861, 864 (1996) (noting an issue becomes moot when a decision, if rendered, will have no practical legal effect upon the existing controversy).

APPEAL DISMISSED.

HUFF, WILLIAMS, and KONDUROS, JJ., concur.


Summaries of

LOP Capital, LLC v. Cosimo, LLC

Court of Appeals of South Carolina
Jun 19, 2013
2013-UP-274 (S.C. Ct. App. Jun. 19, 2013)
Case details for

LOP Capital, LLC v. Cosimo, LLC

Case Details

Full title:LOP Capital, LLC, Appellant, v. COSIMO, LLC; Capital Investment Funding…

Court:Court of Appeals of South Carolina

Date published: Jun 19, 2013

Citations

2013-UP-274 (S.C. Ct. App. Jun. 19, 2013)