Best Fin. Solutions, L.L.C. v. Tifton Custom Parking, L.L.C.

2024 Ohio 4458
CourtOhio Court of Appeals
DecidedSeptember 11, 2024
DocketC-230518
StatusPublished
Cited by2 cases

This text of 2024 Ohio 4458 (Best Fin. Solutions, L.L.C. v. Tifton Custom Parking, L.L.C.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Best Fin. Solutions, L.L.C. v. Tifton Custom Parking, L.L.C., 2024 Ohio 4458 (Ohio Ct. App. 2024).

Opinion

[Cite as Best Fin. Solutions, L.L.C. v. Tifton Custom Parking, L.L.C., 2024-Ohio-4458.]

IN THE COURT OF APPEALS FIRST APPELLATE DISTRICT OF OHIO HAMILTON COUNTY, OHIO

BEST FINANCIAL SOLUTIONS, LLC, : APPEAL NO. C-230518 TRIAL NO. A-1805391 Plaintiff-Appellee, :

vs. : O P I N I O N. TIFTON CUSTOM PACKING, LLC, et : al., : Defendants, : and : JASON BROWN, : Defendant-Appellant. :

Civil Appeal From: Hamilton County Court of Common Pleas

Judgment Appealed From Is: Affirmed

Date of Judgment Entry on Appeal: September 11, 2024

Dinsmore & Shohl, LLP, and Brian S. Sullivan, for Plaintiff-Appellee,

Jason Brown, pro se. OHIO FIRST DISTRICT COURT OF APPEALS

BOCK, Presiding Judge.

{¶1} Plaintiff-appellee Best Financial Solutions, LLC, (“Best Financial”)

brought this civil fraud case against defendant-appellant Jason Brown and defendants

Trampis Dowdle, Tifton Custom Packing, LLC, (“Tifton”), Southern Exposure Farms

(“Southern Exposure”), and Chardel Cattle Ranch, LLC, (“Chardel”) (collectively, all

defendant LLCs are “defendant LLCs”). Best Financial alleged that Brown and Dowdle

fraudulently induced it to enter into agreements with Tifton and Southern Exposure

(collectively, “the Entities”). Brown appeals from the trial court’s judgment, asserting

that the judgment was against the weight of the evidence.

{¶2} Though Brown asserted that he had good intentions and blamed bad

weather for the Entities’ failures and their inability to repay Best Financial, the jury,

weighing the credibility of the witnesses, was permitted to disbelieve his testimony

and find that Brown knowingly misrepresented facts to induce Best Financial to invest

in the Entities. We hold that the jury’s verdict was not against the weight of the

evidence, and we affirm the trial court’s judgment.

I. FACTS AND PROCEDURE

A. Facts

i. Best Financial invests in the Entities

{¶3} In 2016, Brown and Dowdle (a Florida-based farmer) formed Southern

Exposure, an Ohio LLC, to grow produce in Florida, and Tifton, a Georgia LLC, to

purchase produce from farmers and sell it to Overland Express, a Cincinnati trucking

logistics company owned by Brown.

{¶4} Due to high upfront costs involved in growing, packing, and shipping

produce, the Entities needed cash to operate. And because the Entities were newly-

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formed businesses, neither could obtain conventional financing from a bank. Brown

encouraged Mathew Best, an Overland Express employee, to invest in the Entities.

Brown told Best that he could “turn millions in a couple months” and represented that

he believed the Entities would be successful.

{¶5} Best convinced his father to invest in Brown’s companies. In 2016,

Best’s father and Brown entered into a “factoring agreement” under which Best’s

father purchased some of Tifton’s outstanding invoices at a discounted rate. In return,

Best’s father was entitled to the full value of each invoice once it was paid. Best’s father

received the full payment under the agreement as promised.

{¶6} Brown encouraged Best to convince other people to invest. Brown

assured Best that the invoices were likely to be paid and were relatively safe

investments. Brown advised Best to form an LLC to handle the investments. Best and

his wife formed Best Financial.

{¶7} Best Financial obtained money from Best’s friends and family to

purchase invoices from the Entities via factoring agreements. Best Financial invested

in the Entities from September 2016 through November 2017. At trial, Best Financial

submitted into evidence four factoring agreements between it and either Tifton or

Southern Exposure. Brown had signed each agreement as a representative of one of

the Entities. Best Financial’s investment statement documented every payment made

to the Entities. Best Financial made each payment under a factoring agreement. Brown

testified that he had expected to repay Best Financial when he entered into the

agreements on behalf of the Entities.

{¶8} The initial factoring agreements between Best Financial and the Entities

identified the specific invoices Best Financial was purchasing. Best testified that as

3 OHIO FIRST DISTRICT COURT OF APPEALS

time went on, Brown suggested that rather than have Best Financial purchase specific

invoices, Best Financial should purchase a dollar amount of the Entities’ total invoices.

Best Financial agreed. Accordingly, although a factoring agreement might state that

Best Financial was purchasing specific invoices, this was not always the case.

{¶9} Because Best worked with Brown at Overland Express, he would

informally ask Brown about the Entities, and Brown assured him the Entities were

doing well. Best believed the investments were secure. In total, the Entities owed Best

Financial $418,164.48 in principal and interest.

ii. The Entities failed to pay Best Financial in full

{¶10} In October 2017, some of Best Financial’s investors wanted to withdraw

money. Best Financial gave Brown notice that it was going to “pull out” $29,000 in

October and another $129,000 in December 2017. Tifton repaid the $29,000 in early

November 2017.

{¶11} After that repayment, Best and Brown discussed another loan from Best

Financial to the Entities. But Best Financial was concerned because the Entities were

not repaying Best Financial as expected. To reassure Best Financial, the Entities

agreed to provide Best Financial collateral to secure the loans (“the collateral”). The

collateral consisted of $729,800 in assets, including Georgia real property purportedly

owned by Tifton, slaughter class cattle, watermelon acreage, and bailed hay. But Tifton

did not own the Georgia property—instead, Brown and Dowdle owned it individually.

And the slaughter class cattle were owned by Dowdle or his family personally.

{¶12} In November 2017, Best Financial gave the Entities an additional

$35,000 under factoring agreements, secured by the collateral.

4 OHIO FIRST DISTRICT COURT OF APPEALS

{¶13} Tifton did not make the $129,000 payment in December 2017. After

Tifton missed the payment, Best frequently texted Brown to ask when the payment

would be made. Brown consistently replied that he expected to generate enough

money in an upcoming harvest to repay the debt owed to Best Financial. The Entities’

last payment to Best Financial was $45,000 in February 2018.

{¶14} In January 2018, Southern Exposure’s accounts receivable report

showed that it had $249,239 in current outstanding invoices. The Entities collected

some of these receivables. That same month, Brown applied for financing with John

Deere for farming equipment. In the application, Brown listed his total assets at $1.7

million, liabilities at $700,000, and gross annual sales at $10 million. Brown testified

that most of the assets listed were “business interest” and other noncash assets.

Another lender loaned Southern Exposure $58,000 in January 2018. Southern

Exposure granted this lender the right to withdraw daily payments of $454.21 directly

from Southern Exposure’s checking account.

{¶15} In March 2018, Brown told Best that the Entities would repay Best

Financial “over the next 90 days as we harvest our crops.” In June 2018, Best Financial

sent a demand letter to Dowdle and Brown for full repayment by July 2018.

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Cite This Page — Counsel Stack

Bluebook (online)
2024 Ohio 4458, Counsel Stack Legal Research, https://law.counselstack.com/opinion/best-fin-solutions-llc-v-tifton-custom-parking-llc-ohioctapp-2024.