KLC Financial, LLC v. SARC USA, INC., et al.

CourtDistrict Court, E.D. Missouri
DecidedJuly 7, 2026
Docket1:24-cv-00123
StatusUnknown

This text of KLC Financial, LLC v. SARC USA, INC., et al. (KLC Financial, LLC v. SARC USA, INC., et al.) is published on Counsel Stack Legal Research, covering District Court, E.D. Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
KLC Financial, LLC v. SARC USA, INC., et al., (E.D. Mo. 2026).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MISSOURI SOUTHEASTERN DIVISION

KLC FINANCIAL, LLC, ) ) Plaintiff, ) v. ) Case No. 1:24-cv-00123-SNLJ ) SARC USA, INC., et al., ) ) Defendants. )

MEMORANDUM AND ORDER

This matter is before the Court on plaintiff’s amended motion for leave to file a crossclaim out of time and to join additional parties [Doc. 121], which defendants oppose [Docs. 130, 145]. For the reasons set forth below, the motion will be granted. I. BACKGROUND This case began as a breach of contract and replevin action in which plaintiff KLC Financial, LLC alleged that the defendants failed to make all required payments due under five equipment finance agreements. [Doc. 8]. Plaintiff alleges it advanced funds to defendants SARC AZ-Mesa LLC, SARC IL-St. Charles LLC, SARC IL-Aurora LLC, SARC GA-Hiram LLC, and SARC IL-Buffalo Groves LLC (collectively the SARC defendants) to purchase equipment, which the SARC defendants then leased to third parties. [Id.]. The SARC defendants granted KLC a lien and/or first priority security interest in the equipment. [Id.]. On March 14, 2025, this Court issued an Agreed Order on plaintiff’s motion for a writ of replevin and turnover of equipment. [Doc. 68]. Defendants agreed to immediately surrender and turn over the equipment identified in a list attached as Exhibit A to the Agreed Order. [Id. at ¶ 1]. Further, the Court ordered defendants to disclose to plaintiff the location of any equipment known to defendants. [Id. at 2]. Finally, the

Court authorized plaintiff to sell or otherwise dispose of the equipment and credit sale proceeds against the amounts owed. [Id. at ¶ 3]. Pursuant to the Agreed Order, the SARC defendants and SARC USA, Inc. (“the SARC entities”) allowed a third party, acting on plaintiff’s behalf, to enter SARC storage facilities to remove assets for which plaintiff held a security interest. The SARC entities provided a spreadsheet that listed the assets in their possession. The third party removed

property from the SARC storage facilities sometime in May or June 2025.1 According to the SARC entities, the third party seized property for which plaintiff had no ownership or possessory rights. [Docs. 95 at ¶ 3, 95-1 at ¶ 1]. On August 22, 2025, defendants requested leave to file a counterclaim for conversion and, in the alternative, replevin. [Docs. 95, 95-1], which was granted [Doc. 107].

On September 10, 2025, plaintiff requested authorization to market and sell the recovered assets. [Doc. 99]. In accordance with the Agreed Order, the Court authorized plaintiff to market and sell the recovered assets identified on the list attached as Exhibit A to the Agreed Order. [Doc. 110]. Plaintiff was not authorized to sell or otherwise dispose of any other property. [Id.].

Plaintiff filed the instant motion alleging that it has received demands to surrender the property recovered under the Agreed Order from MRV Banks on September 12,

1 Defendants refer to “several dates in June 2025” [Doc. 95 at ¶ 3], while plaintiff states the property was recovered on May 8, 2025 [Doc. 98]. 2025, Medical Officer Reposition Partners, LLC on October 16, 2025, and Millrock Investment Fund 1, LLC on November 12, 2025, all asserting a security interest in the

property. [Doc. 121]. Additionally, plaintiff alleges that the SARC defendants have demanded the return of the same property. [Id.]. Due to these competing claims to the equipment, plaintiff seeks to file a crossclaim and to join as parties MRV Banks, Medical Officer Reposition Partners, LLC, and Millrock Investment Fund 1, LLC. [Id.]. Defendants oppose the motion, arguing that adding parties is neither warranted nor appropriate because the third-party claims pertain to equipment for which the plaintiff has

no ownership or possessory rights. [Doc. 130]. Further, defendants state that the parties are working to resolve the issues and that only a handful of items with competing claims remain. While the instant motion was pending, plaintiff filed a motion for leave to file a Second Amended Complaint [Doc. 134], which was granted [Doc. 138]. The Second

Amended Complaint adds claims against defendants for fraud, fraud by concealment and omission, and unjust enrichment. [Doc. 140]. In light of the filing of the Second Amended Complaint, plaintiff was ordered to supplement its briefing on the instant motion. [Doc. 138]. The motion is now fully briefed. See [Docs. 143, 145, 147]. II. LEGAL STANDARD

When a party seeks to amend a pleading after the deadline set in the case management order, Federal Rule of Civil Procedure 16(b) requires a showing of good cause. Midwest Med. Sols., LLC v. Exactech U.S., Inc., 95 F.4th 604, 607 (8th Cir. 2024); see also Fed. R. Civ. P. 16(b)(4) (“A [scheduling order] may be modified only for good cause and with the judge’s consent.”). The primary measure of good cause is the movant’s diligence.” Id. Good cause requires a change in circumstances, law, or newly

discovered facts. Id. If good cause is established, a court will then consider whether to grant leave to amend under Federal Rule of Civil Procedure 15, which instructs courts to “freely give leave when justice so requires.” Fed. R. Civ. P. 15(a)(2). Under this liberal amendment policy, “[d]enial of leave to amend pleadings is appropriate only in those limited circumstances in which undue delay, bad faith on the part of the moving party, futility of

the amendment, or unfair prejudice to the non-moving party can be demonstrated.” Hillesheim v. Myron’s Cards & Gifts, Inc., 897 F.3d 953, 955 (8th Cir. 2018). A supplemental pleading differs from an amended pleading in that it relates to matters occurring after the filing of the original complaint. See Fed.R.Civ.P. 15(d); United States v. Vorachek, 563 F.2d 884, 886 (8th Cir. 1977). Rule 15(d) provides:

On motion and reasonable notice, the court may, on just terms, permit a party to serve a supplemental pleading setting out any transaction, occurrence, or event that happened after the date of the pleading to be supplemented. The court may permit supplementation even though the original pleading is defective in stating a claim or defense. The court may order that the opposing party plead to the supplemental pleading within a specified time.

III. DISCUSSION Although plaintiff seeks leave to file a crossclaim, the claim is, in fact, a counterclaim in reply. See Fed.R.Civ.P. 13(a), (b), (g) (crossclaims are filed against co- parties; counterclaims are filed against opposing parties); 5 Fed. Prac. & Proc. Civ. § 1188 (4th ed.) (noting that a counterclaim asserted by a counterclaim defendant is a counterclaim in reply).

Courts are divided over whether a plaintiff can advance a counterclaim in reply to a defendant’s counterclaim. See Ohio Cas. Ins. Co. v. Eagle Mist Corp., 4:19-CV-02974- MTS, 2021 WL 1222424, at *2 (E.D. Mo. Mar.

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