Avery, Jr. v. Avery's Used Cars & Trucks, Inc.

CourtUnited States Bankruptcy Court, M.D. Florida
DecidedAugust 26, 2020
Docket8:18-ap-00127
StatusUnknown

This text of Avery, Jr. v. Avery's Used Cars & Trucks, Inc. (Avery, Jr. v. Avery's Used Cars & Trucks, Inc.) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, M.D. Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Avery, Jr. v. Avery's Used Cars & Trucks, Inc., (Fla. 2020).

Opinion

ORDERED.

Dated: August 26, 2020 U - é Zi } Vf Michael G. Williamson United States Bankmptcy Judge

UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION www.flmb.uscourts.gov In re: Case No. 8:17-bk-09606-MGW Chapter 11 Arthur Avery, Jr., Debtor. eS Arthur Avery, Jr., Adv. No. 8:18-ap-00127-MGW Plaintiff, V. Avery’s Used Cars & Trucks, Inc., et al., Defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW When Arthur Avery Jr., former president of Avery’s Used Cars & Trucks, made his son, Arthur Avery III, the sole director of his company ten years ago, he

had no idea he was giving his son the power to remove him as president. But when the two had a falling out over the business, that’s exactly what the son did. And things only went downhill from there. Arthur Jr. refused to accept that he

had been removed as president. So Avery’s Used Cars & Trucks was forced to sue for a declaration in state court that Arthur Jr. had been removed as president; it was also forced to obtain a preliminary injunction from state court enjoining Arthur Jr. from acting on the company’s behalf, which Arthur Jr. violated. Arthur Jr. also allegedly began competing with the company using a deceptively similar name: “Avery’s

Original Used Cars, Trucks & Buses.” This Court must now decide whether Avery’s Used Cars & Trucks is entitled to a declaration that Arthur III properly removed Arthur Jr. as president of the company and a permanent injunction enjoining Arthur Jr. from acting on behalf of the company. The Court must also decide whether Arthur Jr. is liable to Avery’s

Used Cars & Trucks for various trademark violations, deceptive and unfair trade practices, and fraud for allegedly competing with Avery’s Used Cars & Trucks using a similar name after he was removed as president, as well as whether he is liable to Avery’s Used Cars & Trucks for misappropriating corporate assets. In addition, the Court must decide claims that Arthur Jr. brought against

Avery’s Used Cars & Trucks and Arthur III—i.e., whether Avery’s Used Cars & Trucks is liable to Arthur Jr. for improperly seizing and selling vehicles that Arthur Jr. claims he bought, as well as for unpaid distributions; and whether Arthur III is liable to repay Arthur Jr. for money Arthur Jr. gave him to buy a house. After three days of trial, Avery’s Used Cars & Trucks proved that Arthur III properly removed Arthur Jr. as president of the company. So Avery’s Used Cars & Trucks is entitled to a declaration that Arthur Jr. was properly removed as president;

a permanent injunction enjoining Arthur Jr. from filing paperwork with the Florida Secretary of State or acting on behalf of the company; and a claim against Arthur Jr. for $82,073.03 for misappropriating corporate assets and attorney’s fees and costs. Otherwise, the parties failed to prove their remaining claims against each other. I. FINDINGS OF FACT1

A. Avery’s Used Cars & Trucks refurbishes and resells used cars, trucks, and buses.

For more than twenty years, Avery’s Used Cars & Trucks has been in the business of buying, refurbishing, and then reselling used commercial vehicles—mostly school buses, box trucks, and heavy equipment. Over the years, Avery’s Used Cars & Trucks has operated out of two locations—one in Lakeland, Florida and the other in Avon Park, Florida. B. Arthur Avery Jr. incorporated Avery’s Used Cars & Trucks, Inc. in 1997.

Before 1997, Arthur Avery, Jr.’s father operated Avery’s Used Cars & Trucks as a sole proprietorship. Arthur Jr. inherited the business from his father when his father passed away, at which point, someone told Arthur Jr. he should incorporate

1 The trial exhibits were filed in Adv. No. 8:18-ap-00127. See Adv. Doc. Nos. 50 – 54, 55, 59, 80 & 81. Exhibits filed by Avery’s Used Cars & Trucks will be referred to as “AUCT Ex. __.” the business. So, in September 1997, Arthur Jr. filed articles of incorporation for Avery’s Used Cars & Trucks.2 C. In 1998, Arthur Jr. makes his son, Arthur III, a director.

In the articles of incorporation, Arthur Jr. was listed as the company’s sole director.3 But that changed the following year. When Avery’s Used Cars & Trucks filed its annual report for 1998, Arthur Avery III (Arthur Jr.’s son) and Phyllis Keen (Arthur Jr.’s future wife),4 along with Arthur Jr., were listed as directors.5 The 1998 annual report was signed by Arthur Jr.6 From 1998 to 2006, Arthur Jr., Arthur III,

and Keen served as the company’s directors.7 In 2007, Robert Abbott became a 50% shareholder in the company. Upon becoming a shareholder, Abbott was also named a director, which meant that, as of March 2007, the company had four directors: Arthur Jr., Arthur III, Keen, and Abbott.8

2 AUCT Ex. 1 at 2 – 9. 3 Id. at 7. 4 At some point, Keen and Arthur Jr. married. Recently, the parties divorced. For ease of reference, the Court will refer to Phyllis Keen Avery as Keen. 5 Id. at 10. 6 Id. 7 Id. at 11 – 18. 8 Id. at 19. D. Arthur III becomes the company’s sole director.

Although the company had four directors, it had no officers.9 Sometime in 2007 or 2008, an accountant for the company told Arthur Jr. that the company had to have officers. So, in January 2008, Arthur Jr. filed an annual report naming himself as president, Abbott as vice president, and Keen as secretary. Arthur III was listed as the company’s sole director.10 According to Abbott, Arthur Jr. told him that Arthur

Jr. wanted to give Arthur III a role in the company but didn’t want him to be a shareholder. Obviously unaware of the role a director plays, Arthur Jr. decided his son would be the sole director. To this day, Arthur III remains the company’s sole director. E. Arthur III and Abbott discover Arthur Jr. is mismanaging the company.

From 2007 to 2016, Avery’s Used Cars & Trucks operated without incident with Arthur Jr. serving as the company’s president. But in 2016, Arthur III and Abbott became concerned that Arthur Jr. was mismanaging the company. According to Arthur III and Abbott, Arthur Jr. was: • running up hundreds of thousands of dollars in debt without justification or explanation;

• allowing non-licensed drivers to drive vehicles titled in the company’s name;

9 Id. at 11 – 19. 10 Id. at 20. • conducting sales not reflected in the company’s books;

• transferring thousands of dollars from the company’s line of credit into his personal account; and

• disabling vehicles at one of the company’s locations.

F. Arthur III removes his father as company president.

Concerned about his father’s potential mismanagement, Arthur III (as the company’s sole director) held a board meeting on April 6, 2017 and voted to remove his father as president and name himself as president effective immediately.11 On April 7, 2017, Arthur III filed an amended annual report that reflected the change in officers. The same day, Avery’s Used Cars & Trucks notified Arthur Jr. in writing that he had been removed as president and no longer had authority to transact business on the company’s behalf or to take possession or use any of the company’s assets.12 Avery’s Used Cars & Trucks, which had vacated the Lakeland location and consolidated its operations at Avon Park, also demanded that Arthur Jr. remove the company’s name from any signage from the Lakeland property, cease using the

11 AUCT Ex. 33. 12 AUCT Ex. 34. company’s name or holding himself out as Avery’s Used Cars & Trucks when conducting business, and cease using the company’s dealer’s license to buy vehicles.13 G. Arthur Jr. refuses to go quietly.

On April 10, 2017, just three days after being notified that he was removed as president, Arthur Jr.

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

Related

Klay v. United Healthgroup, Inc.
376 F.3d 1092 (Eleventh Circuit, 2004)
Jim Barrett v. Walker County School District
872 F.3d 1209 (Eleventh Circuit, 2017)
Opinion of the Justices
238 So. 2d 326 (Supreme Court of Alabama, 1970)

Cite This Page — Counsel Stack

Bluebook (online)
Avery, Jr. v. Avery's Used Cars & Trucks, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/avery-jr-v-averys-used-cars-trucks-inc-flmb-2020.