This makes Parks claim of JPTE's ownership even more unbelievable.
What you have posted here only relates to the "loan".
Pavicic was the sole member of Borrower. Pavicic is also a guarantor of the commercial loan described more fully below (Guarantor and together with Borrower, individually and collectively,
It has been known for sometime that Parvicic was the ONLY one who signed the loan and the only one who was named as providing the personal guarantee. It is not uncommon for a general partner (GP) to be the developer and the party the bank turns too to provide the personal guarantee. Parks or any other legal entity can hold an ownership as LONG as the lender had approved it.
As I mentioned before, without a copy of the OA, there’s no legal way to know who might have a valid claim. That’s why the attorney named Park’s LLC right from the start. While Parks has plenty to answer for, I’d say this filing doesn’t back up what you’re hoping for.