Cabrera v. Hensley

2012 NCBC 41
CourtNorth Carolina Business Court
DecidedJuly 16, 2012
Docket09-CVS-544
StatusPublished

This text of 2012 NCBC 41 (Cabrera v. Hensley) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cabrera v. Hensley, 2012 NCBC 41 (N.C. Super. Ct. 2012).

Opinion

Cabrera v. Hensley, 2012 NCBC 41. STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE COUNTY OF McDOWELL SUPERIOR COURT DIVISION 09 CVS 544 PERLA CABRERA, et al;

Plaintiffs,

v. ORDER & OPINION

JILL T. HENSLEY, et al;

Defendants.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE COUNTY OF McDOWELL SUPERIOR COURT DIVISION 09 CVS 1062 BRIAN and NICOLE MARK, et al,

v.

CHRISTOPHER VAN DYKE, et al,

Brooks, Pierce, McLendon, Humphrey & Leonard, LLP by John S. Buford for Defendants Christopher Van Dyke and Jill T. Hensley. Cogburn & Brazil, P.A. by William O. Brazil, III for Defendant Molly Oakman. Cranfill, Sumner & Hartzog, LLP by Todd King for Defendant Charles B. Highsmith. Roberts & Stevens, P.A. by Mark C. Kurdys and Stephen L. Cash for Defendants Nelson Eide and R. Keith Hollifield. Teague Campbell Dennis & Gorham by Jacob H. Wellman, Brad G. Inman, and Christopher G. Lewis for Defendants Eric L. Ross, Douglas Elliott, James Gibbs, and Gerald F. Wright. Murphy, Judge. {1} THIS MATTER is before the Court on Defendants Christopher Van Dyke (“Van Dyke”), Jill T. Hensley (“Hensley”), Molly Oakman (“Oakman”), Charles B. Highsmith (“Highsmith”), Nelson Eide (“Eide”), R. Keith Hollifield (“Hollifield”), Eric L. Ross (“Ross”), Douglas Elliot (“Elliot”), James Gibbs (“Gibbs”), and Gerald F. Wright’s (“Wright”) (collectively the “Defendants” or “appraisers”) Motions for Summary Judgment (“Defendants’ Motions”). After considering the parties’ motions and briefs, and the arguments made by counsel during a hearing before this Court on October 5, 2011, the Court GRANTS Defendants’ Motions. I. PROCEDURAL HISTORY {2} This action is a consolidation of two cases filed in McDowell County, North Carolina that deal with Plaintiffs’1 purchases of real estate in the residential development known as Wild Ridges at Morgan Creek (“Wild Ridges”). {3} The first case (“Cabrera Case”), 09 CVS 544, was filed on June 23, 2009; designated as a mandatory complex business case on July 28, 2009; and assigned to this Court on July 29, 2009. (Compl. p. 29; Desig. Order 1; Assign. Order 2.) The second case (“Mark Case”), 09 CVS 1062, was filed on November 16, 2009; designated as a mandatory complex business case on December 17, 2009; assigned to the Honorable Ben F. Tennille on December 18, 2009; and reassigned to this Court on February 23, 2010. (Compl. p. 18; Desig. Order 1; Assign. Order 2.) {4} Plaintiffs’ initial Complaints alleged claims against the developer of Wild Ridges, the lenders that extended financing to each Plaintiff (Bank of America Corp.; Branch Banking & Trust Company; Fifth Third Bank , N.A., as successor in interest to First Charter Bank, N.A.; United Community Bank, N.A.; Wachovia Bank, N.A.; and Flagstar Bank, F.S.B. (collectively the “lenders”)), and the appraisers who performed appraisals on lots financed by the lenders and purchased by Plaintiffs (Defendants Hensley, Ross, Eide, Van Dyke, Oakman, Highsmith, Wright, and Unknown Appraisers 1–7).

1 Unless indicated otherwise, the Court’s reference to “Plaintiffs” refers to all Plaintiffs in

both the 09 CVS 544 action and the 09 CVS 1062 action. {5} Defendants Gibbs, Elliott, and Hollifield were not added as Defendants in the Cabrera Case until Plaintiffs properly filed an Amended Complaint on July 6, 2010. {6} Shortly after these cases were designated to the Business Court, the Chapter 7 Bankruptcy Trustee for Wild Ridges filed a Suggestion of Bankruptcy for the developer of Wild Ridges. As a result, Plaintiffs’ claims against the developer were stayed, and the Court proceeded with Plaintiffs’ claims against the lenders and the Defendants. On January 26, 2010, and March 22, 2010, the Court entered Orders in the Cabrera and Mark Cases respectively, that dismissed all of Plaintiffs’ claims against the lenders, leaving open only the claims against the appraisers. Cabrera v. Hensley, No. 09 CVS 544 (N.C. Super. Ct. Jan. 26, 2010) (order granting lender defendants’ motions to dismiss); Mark v. Wachovia Bank, N.A., 09 CVS 1062 (N.C. Super. Ct. Mar. 22, 2010) (order granting lender defendants’ motions to dismiss). {7} On March 23, 2010, the Court entered an Order consolidating the Cabrera Case and the Mark Case for all purposes including discovery, pre-trial motions, and trial. The parties proceeded with discovery, and Defendants’ Motions were filed prior to the Court’s May 2, 2011, post-discovery deadline. Plaintiffs filed responses to Defendants’ Motions, and all Defendants, except Defendant Gibbs, filed Replies in Support of Defendants’ Motions. This Court held a hearing on Defendants’ Motions on October 5, 2011. II. FACTUAL BACKGROUND {8} Summary judgment is improper where findings of fact are necessary to resolve an issue of material fact. Collier v. Collier, 204 N.C. App. 160, 161–162, 693 S.E.2d 250, 252 (2010) (citing Hyde Ins. Agency v. Dixie Leasing Corp., 26 N.C. App. 138, 142, 215 S.E.2d 162, 164–165 (1975)). However, for the aid of the parties and the courts, the trial court may provide a summary of material facts that it finds to be uncontroverted in deciding the motion. Id. The following facts are undisputed in the record. {9} Land Resource Group, Inc. (“Land Resources Group”), a Georgia corporation with its registered offices in Raleigh, North Carolina, developed and marketed Wild Ridges through its various affiliates and collected real estate commissions from the sale of lots to Plaintiffs. (Am. Compl. ¶¶ 35–36.) {10} Wild Ridges was planned and marketed as an upscale gated residential community that would include common amenities such as an exclusive clubhouse, hot tub facilities, swimming pool, resident gardening areas, hiking trails, and other luxury common areas. (Am. Compl. ¶¶ 62–63.) {11} When Plaintiffs purchased their lots in Wild Ridges, roads were beginning to be cut, paving had not begun, few lots had been cleared, and the interior of the development was largely inaccessible except by all-terrain vehicle. (Defs. Van Dyke and Hensley’s Br. Supp. Mot. Summ. J. 3; see e.g., D. Nelson Dep. at 17:9–13, 20:14–21:22, 34:24–35:4.) Many of the Plaintiffs were entertained by the developer in nearby Asheville, North Carolina, and taken for tours of the undeveloped Wild Ridges property. (Defs. Van Dyke and Hensley’s Br. Supp. Mot. Summ. J. 3; see e.g., Dawn Blitsch Dep. at 37:16–38:12.) {12} Each Plaintiff executed a purchase agreement with the developer for the purchase of a lot at Wild Ridges. Only Plaintiffs Richard and Jeri Skelton’s purchase agreement contained a financing and appraisal contingency that would have relieved the Skeltons of thier obligation to complete the purchase of their Wild Ridges lot if they were unable to secure financing through a lender, or if the lot appraised below a predetermined amount. (R. Skelton Dep. at 46:11–15, 47:19– 21.)2 {13} After the purchase agreements were executed, Plaintiffs secured, through lenders of their choice, financing for the purchase of lots at Wild Ridges. Plaintiffs’ lenders contracted with the Defendants to perform appraisals for the benefit of the lenders. (Defs. Van Dyke and Hensley’s Br. Supp. Mot. Summ. J. 4.) Plaintiffs do not contend that Defendants’ appraisals were for the direct benefit of

2 Plaintiffs Richard and Jeri Skelton voluntarily dismissed their claims with prejudice on

June 30, 2011. (Pls. Richard and Jeri Skelton’s Notice of Vol. Dismissal with Prej. 1–2.) anyone other than the lenders. Each Defendant included representations in their appraisals, testified at deposition, or contended by way of affidavit that the lender was the only intended user of the appraisal. (Van Dyke Dep. at 97:1–98:13; Hensley Dep. at 44:4–45:2; R. Keith Hollifield Dep. at 9:3–12; Nelson Eide Dep. at 45:3–19; James H. Gibbs Dep. at 9: 5–12; Defs.

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