Barrett Wakefield and Howard Wakefield III v. Sam Ayers and Claudia Ayers

CourtCourt of Appeals of Texas
DecidedAugust 30, 2016
Docket01-14-00648-CV
StatusPublished

This text of Barrett Wakefield and Howard Wakefield III v. Sam Ayers and Claudia Ayers (Barrett Wakefield and Howard Wakefield III v. Sam Ayers and Claudia Ayers) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Barrett Wakefield and Howard Wakefield III v. Sam Ayers and Claudia Ayers, (Tex. Ct. App. 2016).

Opinion

Opinion issued August 30, 2016

In The

Court of Appeals For The

First District of Texas ———————————— NO. 01-14-00648-CV ——————————— BARRETT WAKEFIELD AND HOWARD WAKEFIELD III, Appellants V. SAM AYERS AND CLAUDIA AYERS, Appellees

On Appeal from the County Civil Court at Law No. 4 Harris County, Texas Trial Court Case No. 1007580-102

MEMORANDUM OPINION

Appellants, Howard Wakefield III (“Howard”) and Barrett Wakefield

(“Barrett”), challenge the trial court’s rendition of summary judgment in favor of

appellees, Sam Ayers and Claudia Ayers (collectively, the “Ayerses”), in their suit

against Howard and Barrett for breach of fiduciary duty, fraud, money had and received, conspiracy, and breach of contract. In six issues, Howard and Barrett

contend that the trial court erred in granting the Ayerses summary judgment on their

breach-of-contract claim.

We affirm.

Background

In their third amended petition, the Ayerses alleged that they were the “owners

of record of 410,000 shares of stock” in ThinAir Wireless, Inc. (“ThinAir”). To the

Ayerses’ detriment, ThinAir, Howard, Barrett, and Randall Wayne Habel1 “engaged

in . . . systematic fraud and dereliction of their duties

to . . . shareholders . . . by . . . falsifying financial statements, issuing wrongful

disclosures[,] and persistent[ly] self-dealing.” Howard, Barrett, and Habel also

“repeatedly misrepresented or failed to disclose important facts” to ThinAir’s

shareholders, “failed to follow corporate formalities,” “failed to make mandatory

filings,” “failed to provide shareholders with requested information regarding

ThinAir’s business, and, generally, treated ThinAir as their own endeavor without

regard for the interests of [its] shareholders.” More specifically, Howard, Barrett,

and Habel “wrongfully took or otherwise exercised control over money from

ThinAir’s business accounts and used it for personal use . . . and otherwise directed

1 ThinAir and Habel are not parties to this appeal.

2 corporate funds to be used for their private purposes, all to the detriment of the

shareholders and in breach of their fiduciary duties.”

The Ayerses further alleged that “during 2010 and 2011, ThinAir expensed

consulting fees to Wakefield Enterprises and . . . to Barrett . . . without disclosing

[Barrett’s] relationship with [such] . . . entities, or otherwise disclosing what

services the[] [entities] provided.” Records reveal payment of “tens of thousands of

dollars . . . to . . . Habel and hundreds of thousands of dollars . . . to Howard . . . and

Barrett . . . over the past few years.” Howard and Habel, and through them, ThinAir,

“induced [the Ayerses] to make substantial investments” in the business by making

“intentional and negligent misrepresentations.” And, “[i]n seeking additional

investors to pour money into ThinAir,” Howard, Barrett, and Habel “withheld

relevant information from [the Ayerses] and intentionally misrepresented the nature

and extent of [the] business opportunities available to ThinAir.”

The Ayerses brought claims against ThinAir, Howard, Barrett, and Habel for

breach of fiduciary duty, fraud, money had and received, conspiracy, and breach of

contract. In regard to their breach-of-contract claim, the Ayerses alleged that “on or

about January 4, 2013,” they, ThinAir, Howard, Barrett, and Habel negotiated and

executed “a Rule 11 Settlement Contract” (the “settlement agreement”). Under the

terms of the settlement agreement, ThinAir, Howard, Barrett, and Habel, “within ten

(10) business days of the date of the agreement,” were to “pay [the Ayerses] the sum

3 of ONE HUNDRED FORTY THOUSAND DOLLARS ($140,000)” “in full

settlement of [the Ayerses’] claims and to resolve all matters in dispute between”

them. However, despite the terms of the settlement agreement, ThinAir, Howard,

Barrett, and Habel made no payment to the Ayerses.

The Ayerses moved for summary judgment on their breach-of-contract claim,

arguing that they were entitled to judgment as a matter of law because “there [was]

an enforceable settlement agreement between [them] and [ThinAir, Howard, Barrett,

and Habel], whereby all [of the Ayerses’] claims [would be] released and dismissed

in return for payment [of] . . . $140,000,” and ThinAir, Howard, Barrett, and Habel

“did not pay the agreed settlement amount of $140,000 by the [required] date.”

Thus, “[t]here [was] no genuine issue of material fact as to the . . . breach of the

enforceable settlement agreement.”

The Ayerses also moved for summary judgment on Howard and Barrett’s

affirmative defense of mutual mistake, asserting that there is no evidence of

mutuality, i.e., there is no evidence that the Ayerses were “operating under the same

mistake of fact as [ThinAir, Howard, Barrett, and Habel,] when the settlement

agreement was made.”2

2 The Ayerses also moved for summary judgment on Howard and Barrett’s affirmative defense of repudiation, which the trial court granted. Neither Howard nor Barrett challenges this portion of the trial court’s summary judgment.

4 In their response to the Ayerses’ matter-of-law summary-judgment motion,

Howard and Barrett argued that “a fact question [existed] as to whether the

settlement agreement . . . subject[ed] all of the[] defendants” or only ThinAir to

liability because “[w]hen [Howard and Barrett] agreed to settle the case, [they were]

under the belief that ThinAir was agreeing to make the [$140,000] payment on

behalf of all [of the] [d]efendants.” Further, in response to the Ayerses’ no-evidence

summary-judgment motion on the affirmative defense of mutual mistake, Howard

and Barrett asserted that “the settlement agreement was entered into under the

[mistaken] belief that a loan was forthcoming to enable [ThinAir] to fund the

[$140,000] settlement amount” and a fact issue existed as to whether the Ayerses

had also “believed that the settlement funds would come from [the] additional

financing.”

The trial court granted the Ayerses summary judgment on their breach-of-

contract claim, ordering ThinAir, Howard, Barrett, and Habel to pay the Ayerses

$140,000 in actual damages, $15,500 in attorney’s fees, and an additional $12,000

in attorney’s fees, “[i]n the event [of] an unsuccessful appeal” of the summary

judgment. The trial court subsequently severed the Ayerses’ breach-of-contract

claim against Howard and Barrett, thereby making its summary-judgment order final

and appealable as to them.

5 Standard of Review

We review a trial court’s summary judgment de novo. Valence Operating Co.

v. Dorsett, 164 S.W.3d 656, 661 (Tex. 2005); Provident Life & Accident Ins. Co. v.

Knott, 128 S.W.3d 211, 215 (Tex. 2003). In conducting our review, we take as true

all evidence favorable to the non-movants, and we indulge every reasonable

inference and resolve any doubts in the non-movants’ favor. Valence Operating,

164 S.W.3d at 661; Provident Life & Accident Ins., 128 S.W.3d at 215. If a trial

court grants summary judgment without specifying the grounds for granting the

motion, we must uphold the judgment if any of the asserted grounds are meritorious.

Beverick v. Koch Power, Inc., 186 S.W.3d 145, 148 (Tex. App.—Houston [1st Dist.]

2005, pet. denied).

Parties seeking summary judgment may combine in a single motion a request

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