Capstack Nashville 3, LLC v. Cohen

CourtSupreme Court of Delaware
DecidedOctober 24, 2022
Docket50, 2022
StatusPublished

This text of Capstack Nashville 3, LLC v. Cohen (Capstack Nashville 3, LLC v. Cohen) is published on Counsel Stack Legal Research, covering Supreme Court of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Capstack Nashville 3, LLC v. Cohen, (Del. 2022).

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE

CAPSTACK NASHVILLE 3, LLC, § CSP N3 PARTNER LLC, § No. 50, 2022 CAPSTACK PARTNERS LLC, and § DAVID BLATT, § Court Below—Court of Chancery § of the State of Delaware Plaintiffs Below § Appellants, § C.A. No. 2020-0519 § v. § § NED H. COHEN, § NHCOHEN PARTNERS LLC, and § NHCOHEN CAPITAL LLC, § § Defendants Below, § Appellees, § § WILKS LAW LLC, § § Interested Party Below, § Appellee. §

Submitted: August 10, 2022 Decided: October 24, 2022

Before VAUGHN, TRAYNOR, and MONTGOMERY-REEVES Justices.

ORDER

On this 24th day of October 2022, it appears to the Court that:

(1) In this appeal we consider whether a law firm may assert an attorney’s

charging lien for services rendered against a settlement fund that the client recovers

through litigation, but which was not incorporated into a judgment, judicial decree,

or court-ordered award. The client is the Plaintiff-Appellant Capstack Nashville 3 LLC, et al. (“Capstack”). Capstack contends that an attorney’s charging lien can

“attach” only to a judgment, judicial decree, or court-ordered award.1 It cannot,

Capstack contends, be asserted against a settlement fund where the settlement

agreement which creates the fund has not been incorporated into a judgment, judicial

decree, or court-ordered award.2 The law firm asserting the charging lien is Wilks

Law LLC (“Wilks Law”). It contends that a judgment, judicial decree, or court-

ordered award is not required and that Capstack’s settlement fund itself can be the

subject of a charging lien.3 The Vice-Chancellor agreed with Wilks Law, awarded

a charging lien in its favor against Capstack’s settlement fund in the amount of

$125,229.35, and ordered Capstack to pay to Wilks Law “any and all funds plaintiffs

have received or will receive in settlement of this action in satisfaction of the

charging lien.”4 For the reasons that follow, we affirm.

(2) Capstack was an investor in certain multifamily apartment complexes in

Nashville, Tennessee. Disputes arose and Capstack retained Wilks Law to represent

it in dealing with those disputes. Capstack agreed to pay Wilks Law attorney’s fees

at hourly rates and to reimburse Wilks Law for expenses paid on Capstack’s behalf.

On July 3, 2019, Wilks Law initiated an arbitration on behalf of Capstack against

1 Opening Br. at 8. 2 Id. at 10. 3 Answering Br. at 13, 18. 4 Chancery Order at add. to Opening Br. at 37.

2 Ned H. Cohen, a real estate broker, and entities affiliated with him.5 On May 11,

2020, an arbitrator entered an award in Capstack’s favor in the amount of

$220,220.70. Shortly after the arbitrator entered the award, the Wilks Law attorney

assigned to represent Capstack left the firm. Capstack decided to retain a different

law firm, one that had, it appears, not been previously involved in Capstack’s matter,

to represent it in any further proceedings. At that time, Capstack owed Wilks Law

$125,229.35 in unpaid attorneys’ fees and unreimbursed expenses from the Cohen

arbitration.

(3) On June 26, 2020, Capstack’s new counsel filed an action in the Court of

Chancery to have the arbitration award confirmed. On September 14, 2020, counsel

for Capstack wrote to Chancellor Bouchard indicating that the case had been settled.

Counsel’s letter stated that the settlement included “an agreement to file a notice of

voluntary dismissal with prejudice upon completion of terms of settlement or a

stipulation of judgment in the event of default on the terms of settlement[.]”6 On

October 15, 2020, Wilks Law filed a notice in the action that it was asserting a

charging lien “on any and all sums to be paid to Plaintiffs in satisfaction of the

[Arbitrator’s] Award by judgment, settlement or otherwise.”7 This notice was

followed later by a Motion to Enforce an Attorney’s Charging Lien.

5 This was one of two arbitrations initiated by Wilks Law on Capstack’s behalf. The other arbitration is not relevant to this appeal. 6 App. to Opening Br. at A29. 7 Id. at A32.

3 (4) At a hearing on the Motion to Enforce an Attorney’s Charging Lien, the

Vice-Chancellor determined that the settlement referred to in the letter to Chancellor

Bouchard involved an agreement that Capstack would be paid money from the sale

or refinancing of one or more of the Nashville properties. She further determined

that such sale or refinancing had not yet occurred when Wilks Law put Capstack on

notice of its assertion of a charging line. Her ruling in Wilks Law’s favor followed

from these findings.

(5) Capstack’s contention on appeal is succinctly set forth in its Summary of

the Argument in its opening brief as follows:

The Court of Chancery entered an attorney’s charging lien below, but there was no judgment, award, or judicial decree entered against which the charging lien can attach. As a result, there is nothing upon which the charging lien can be executed or satisfied and the charging lien is a legal nullity. There is no legal basis to support what the Court of Chancery did and this Court should reverse.8

(6) Capstack relies upon this Court’s opinion in Katten Muchin Rosenman

LLP v. Sutherland as support for its position.9 In that case this Court:

embrace[d] the definition that a charging lien is “an equitable right to have costs advanced and attorney’s fees secured by the judgment entered in the suit wherein the costs were advanced and the fee earned,” which had been previously adopted by the Court of Chancery in its earlier decision in Zutrau v. Jansing.10 8 Opening Br. at 2. 9 See id. at 8-9. 10 153 A.3d 722, 723 (quoting 7A Kristina E. Music Biro, J.D., et.al., Corpus Juris Secundum Attorney & Client § 523 (2016)) (en banc).

4 Capstack also relies on definitions of an attorney’s charging lien from legal

dictionaries and on comparisons of an attorney’s charging lien with other types of

liens, such as mechanic’s liens or mortgages which attach to a legally tangible thing

or res.11

(7) The issue Capstack raises here was not raised in Katten. In that case the

Court of Chancery awarded the plaintiff legal fees and expenses in a derivative

action.12 Katten asserted a charging lien against that award, and the Court of

Chancery limited the attorney’s charging lien to amounts which were “directly

relate[d] to [the] client’s recovery.”13 It excluded from the charging lien work which

had “no connection to the recovery, other than having occurred in the same

litigation.”14 This Court stated that “the sole issue on appeal is whether the Court of

Chancery’s requirement that a charging lien can only be obtained for unpaid services

that directly relate to a client’s recovery was a proper prerequisite to impose on

Katten’s equitable right to a charging lien.”15 This Court reversed the Court of

Chancery’s judgment as too narrow and one that “undermines the utility of a

11 See Opening Br. at 9-11. 12 153 A.3d at 724-25. 13 Id. at 725-26. 14 Id. at 725 (citation omitted) (emphasis omitted). 15 Id. at 726.

5 charging lien in encouraging counsel to provide legal services to clients by ensuring

them that their contractual right to a fee will be upheld by the judiciary.”16

(8) A treatise cited by the Court in Katten does not limit the application of

charging liens to “judgments.”17 We think that Capstack places undue emphasis on

the Court’s use of the word “judgment” in Katten and that this Court’s opinion in

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Related

Katten Muchin Rosenman LLP v. Sutherland
153 A.3d 722 (Supreme Court of Delaware, 2017)

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