Alpha Beta Capital Partners, L.P. v. Pursuit Investment Management, LLC

198 Conn. App. 671
CourtConnecticut Appellate Court
DecidedJuly 7, 2020
DocketAC41986
StatusPublished
Cited by2 cases

This text of 198 Conn. App. 671 (Alpha Beta Capital Partners, L.P. v. Pursuit Investment Management, LLC) is published on Counsel Stack Legal Research, covering Connecticut Appellate Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Alpha Beta Capital Partners, L.P. v. Pursuit Investment Management, LLC, 198 Conn. App. 671 (Colo. Ct. App. 2020).

Opinion

*********************************************** The “officially released” date that appears near the be- ginning of each opinion is the date the opinion will be pub- lished in the Connecticut Law Journal or the date it was released as a slip opinion. The operative date for the be- ginning of all time periods for filing postopinion motions and petitions for certification is the “officially released” date appearing in the opinion.

All opinions are subject to modification and technical correction prior to official publication in the Connecticut Reports and Connecticut Appellate Reports. In the event of discrepancies between the advance release version of an opinion and the latest version appearing in the Connecticut Law Journal and subsequently in the Connecticut Reports or Connecticut Appellate Reports, the latest version is to be considered authoritative.

The syllabus and procedural history accompanying the opinion as it appears in the Connecticut Law Journal and bound volumes of official reports are copyrighted by the Secretary of the State, State of Connecticut, and may not be reproduced and distributed without the express written permission of the Commission on Official Legal Publica- tions, Judicial Branch, State of Connecticut. *********************************************** ALPHA BETA CAPITAL PARTNERS, L.P. v. PURSUIT INVESTMENT MANAGEMENT, LLC, ET AL. (AC 41986) Prescott, Devlin and D’Addabbo, Js.

Syllabus

The plaintiff, following the defendants’ appeal from the trial court’s judgment in the plaintiff’s favor, sought sanctions from the defendants for their failure to comply with postjudgment discovery orders. The court had previously granted the plaintiff’s application for a prejudgment remedy, and, thereafter, granted the plaintiff’s postjudgment motions to increase the judgment amount and for disclosure of assets to assist it with secur- ing the additional amount of the judgment. The court ordered the defen- dants to provide the plaintiff with additional documents, stating that if the defendants failed to substantially comply with its order, S and C, the individual defendants who operated the defendant companies, would each be required to appear for an examination of judgment debtor. Thereafter, after failing to produce many of the documents they were required to disclose, S and C were ordered by the court to appear for an examination of judgment debtor and, subsequently, the defendants were ordered to provide the plaintiff with supplemental disclosures. The court thereafter issued an order of sanctions against the defendants for their failure to comply with the court’s discovery orders, ordering monetary sanctions comprised of attorney’s fees and litigation costs, and the defendants amended their appeal and this court severed this claim from the appeal. Held that the court’s order of sanctions met the requirements that a trial court must deem satisfied before imposing sanctions, and, therefore, the court’s order did not constitute an abuse of discretion: the court’s order was reasonably clear, notwithstanding the defendants’ claim that there was neither a clear order nor a violation of any such order, S and C were under oath when testifying during the examination of judgment debtor, and, having sworn to provide truthful testimony, understood that they were required to provide such testimony during the proceeding; moreover, the trial court properly found that the defendants violated the court’s discovery order, as there was ample evidence in the record, which purportedly contradicted the testimony that S and C had provided at the examination of judgment debtor, from which the trial court reasonably could have inferred that S and C conducted themselves with obvious dishonesty; furthermore, the court’s order of sanctions was proportionate to the defendants’ violation of the court’s discovery orders that occurred after the examination of judgment debtor, because the court found that the defendants engaged in a continu- ous practice of disobeying the court’s discovery orders, the plaintiff suffered harm, including attorney’s fees and litigation costs, as a result of the defendants’ failure to provide documents that the court had ordered them to disclose that were pertinent to the plaintiff’s ability to identify assets that could be used to satisfy the judgment, and the defendants’ failure to disclose the documents deprived the plaintiff of information that it needed to collect on the judgment, part of which was not secured by a prejudgment remedy, and the court’s order of sanctions was appropriate because it reimbursed the plaintiff for the attorney’s fees and other litigation costs that it incurred in order to compel the defendants to provide it with certain documents that the court had ordered they disclose, and that the plaintiff needed, to obtain a remedy to which it was entitled, and, in the absence of the court’s order of sanctions, the plaintiff unfairly would have borne this cost. Argued January 13—officially released July 7, 2020

Procedural History

Action to recover damages for, inter alia, breach of contract, and for other relief, brought to the Superior Court in the judicial district of Stamford-Norwalk and transferred to the Complex Litigation Docket, where the defendants filed a counterclaim; thereafter, the court, Genuario, J., granted the plaintiff’s application for a prejudgment remedy; subsequently, the matter was tried to the court, Genuario, J.; judgment in part for the plaintiff on the complaint and for the plaintiff on the counterclaim, from which the defendants appealed to this court; thereafter, the court, Genuario, J., granted the plaintiff’s motion for sanctions, and the defendants amended their appeal. Affirmed. Michael S. Taylor, with whom was Brendon P. Lev- esque, for the appellants (defendants). James C. Graham, with whom was Dennis M. Car- nelli, for the appellee (plaintiff). Opinion

PRESCOTT, J. This appeal involves a challenge to sanctions imposed by the trial court to remedy exten- sive discovery abuses by the defendants that frustrated the plaintiff’s attempt to collect on a significant mone- tary judgment. The defendants, Pursuit Opportunity Fund I, L.P. (POF), Pursuit Opportunity Fund I Master Ltd. (POF Master), Pursuit Capital Management Fund I, L.P. (PCM), Pursuit Capital Master (Cayman) Ltd. (PCM Master), Pursuit Investment Management, LLC (PIM), Northeast Capital Management, LLC (North- east), Anthony Schepis, and Frank Canelas, Jr.,1 appeal from the trial court’s order of sanctions, in which the court awarded the plaintiff, Alpha Beta Capital Partners, L.P., attorney’s fees and litigation costs for the defen- dants’ discovery abuses. On appeal, the defendants claim that the court’s order of sanctions constituted an abuse of discretion because the order failed to meet the three requirements that a trial court must deem satisfied before imposing sanctions and that this court must analyze to determine whether the trial court’s order constituted an abuse of discretion. See Ridgaway v. Mount Vernon Fire Ins. Co., 328 Conn. 60, 70–71, 176 A.3d 1167 (2018) (citing Millbrook Owners Assn., Inc. v. Hamilton Standard, 257 Conn. 1, 17–18, 776 A.2d 1115 (2001)).2 We disagree with the defendants’ claim and, accordingly, affirm the judgment of the trial court. The following facts and procedural history are rele- vant to the defendants’ claims on appeal. In September, 2015, the plaintiff ‘‘filed an application for a prejudg- ment remedy and a proposed summons and complaint against the defendants.’’3 Alpha Beta Capital Partners, L.P. v. Pursuit Investment Management, LLC, 193 Conn. App. 381, 398, 219 A.3d 801 (2019) (Alpha Beta I), cert. denied, 334 Conn. 911, 221 A.3d 446 (2020).

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Cokic v. Fiore Powersports, LLC
209 Conn. App. 853 (Connecticut Appellate Court, 2022)
Gutierrez v, Mosor
Connecticut Appellate Court, 2021

Cite This Page — Counsel Stack

Bluebook (online)
198 Conn. App. 671, Counsel Stack Legal Research, https://law.counselstack.com/opinion/alpha-beta-capital-partners-lp-v-pursuit-investment-management-llc-connappct-2020.