Chamorro Equities, Inc. v. McCurdy

Superior Court of Guam·Decided September 8, 2014·No. CV0408-13·Unknown

Opinion

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5 IN THE SUPERIOR COURT 6 OF GUAM

7 CHAMORRO EQUITIES, INC., ) Civil Case no. CV0408-13 8 ) Plaintiff, ) 9 vs. ) 10 ) VIVIAN McCURDY, LISA ULLOA, and DECISION AND ORDER ) II FEDERICK ULLOA, ) 12 Defendants. ) ) 13 ) VIVIAN McCURDY, WALTER D. ULLOA, ) 14 JUDITH E. OLIVER, and LISA ULLOA ) 15 ) Counterclaim Plaintiffs, ) 16 vs. ) ) 17 CHAMORRO EQUITIES, INC., ROBERT V.) 18 ULLOA, GERALD D. HARTWICK, ) KENNETH E. THOMPSON, PRISCILLA U. ) 19 HARTWICK, SHEILA M. MANALOTO, and) DOES 2-10, ) 20 Counterclaim Defendants, ) ) ) 22 MEC,LLC., ) Intervenor. ) 23

25 INTRODUCTION 26 Pursuant to Rule 7.1 of the Local Rules of the Superior Court of Guam, Intervenor's 27 motion to amend pleading was taken under advisement by the Honorable Judge Michael J. 28 Bordallo on August 11, 2014. The Intervenor, MEC LLC., (hereafter MEC), was represented

Page I of5 by attorney Joseph C. Razzano. Plaintiff was represented by attorney Mitchell F. Thompson. 2 Counterclaim Defendants Robert V. Ulloa, Gerald D. Hartwick, Kenneth E. Thompson, 3 Priscilla U. Hartwick, and Sheila M. Manaloto, (hereafter Counterclaim Defendants) were 4 .< represented by attorney Bill R. Mann. After considering the matters presented, the Court now 5

6 issues the following decision and order granting Intervenor's motion.

7 BACKGROUND 8 This case arises out of a March 29, 2013 complaint, for the cancellation and collection 9 of several improper loan agreements, made between Plaintiff and Defendants. Compl. at 2-5. 10 The complaint seeks to void the loans and recover the amounts of the loans. !d. at 5. II On June 20, 2014, MEC filed its motion to file amended pleading. Mot. at 1. In it 12

13 MEC requests leave to file an amended answer and counterclaim. !d. MEC argues that

14 allowing the amendment will not unnecessarily increase costs or cause undue prejudice. !d. at 15 2. In support of its arguments it asserts that discovery is yet ongoing, and their claims and 16 defenses stem from the same set of existing alleged facts currently at issue. !d. Lastly it argues 17 that its request is timely and not made in bad faith. !d. at 3-4. 18

19 Plaintiff filed its opposition to MEC's request on July 18, 2014. Opp. at 1. In it Plaintiff

20 argues that MEC's request is futile. !d. at 1-2. Plaintiff reasons that because MEC is not the 21 legal owner of the Stock, its additional four counts of: accounting, constructive trust, 22 receivership and violation of 13 GCA § 8401(2), lack the necessary facts to support an 23

24 adequate claim. !d.

25 Specifically, citing two California cases, Plaintiff argues that as to the claim for 26 accounting, because a specific sum is ascertainable MEC accounting claim is not proper. !d. at 27 2. Similarly, as to the proposed claim for constructive trust, Plaintiff argues that MEC's claim 28 for damages is disallowed. !d. Citing a 1979 Massachusetts US District Court decision,

Page 2 of5 Plaintiff argues that there are insufficient facts pled to merit the extraordinary relief a claim for 2 receivership allows; there being no allegation Plaintiff is insolvent or unable to pay the 3 requested amounts. !d. at 3. 4 Counterclaim Defendants filed their joiner to Plaintiffs opposition on July 18, 2014. 5

6 Mot. at 2. Their paper asserts their intention to join Plaintiffs opposition. !d. at 2.

7 MEC filed its reply on August 1, 2014. Reply at 1. In it MEC asserts its pledgee status 8 and or ownership interests in the shares of Mrs. Vivian McCurdy; a first generation shareholder 9 in Plaintiff. !d. at 2. Addressing Plaintiffs futility argument, MEC asserts that Plaintiff failed 10

II to meet its burden that MEC's proposed amendment could not be saved under any possible

12 amendment. !d. at 4. It further counters that it has pled sufficient facts to allow for all counts 13 arising out of its assertions of ownership to proceed. !d. at 5. 14 Addressing the Plaintiffs damages and accounting argument, MEC asserts that its 15 status as a counterclaim defendant and shareholder allow it to so recover. !d. at 6. MEC argues 16

17 that while it may not recover damages and restitution, the rules of pleading allow both of these

IS actions to be pled and tried. !d. Finally as to Plaintiffs receivership argument MEC argues it 19 has alleged sufficient facts to support this claim. !d. 20 DISCUSSION 21 Motions to amend a pleading are regulated by Rule 15 of the Guam Rules of Civil 22 Procedure. Guam R. Civ. P. 15. In pertinent part it provides, "a party may amend the party's 23

24 pleading only by leave of court or by written consent of the adverse party; and leave shall be

25 freely given when justice so requires." In 2005 the Guam Supreme Court outlined the factors a 26 court is to consider when reviewing a request to amend a pleading. Arashi & Co., Inc. v. 27 Nakashima Enterprises, Inc., 2005 Guam 2 ~ 16. The Arashi Court held that assertions of, 28 "undue delay, bad faith or dilatory motive on the part of the movant, repeated failure to cure

Page 3 of5 deficiencies by amendments previously allowed, undue prejudice to the opposing party by 2 virtue of allowance of the amendment, [or] futility of amendment," all mitigate against granting 3 a party's motion to amend. Arashi & Co., Inc., 2005 Guam 2 ~ 16. 4 While MEC, in its moving paper, generally argues and asserts that its proposed 5

6 amendments satisfy the above factors, it fails to individually, save one amendment, to analyze

7 any of its proposed amendments. Mot. at 1-4. Plaintiff and Counterclaim Defendants however, 8 rather than arguing insufficiency, rely on the futility factor, identifying and opposing the 9 majority ofMEC's proposed amendments. Opp. at 1-3. 10 The Guam Supreme Court has yet to define or attach a standard to a finding of futility. II

12 However, in 2002 the US 2nd Circuit Court of Appeals held, "[a]n amendment to a pleading is

13 futile if the proposed claim could not withstand a motion to dismiss pursuant to [Rule] 14 12(b)(6)." Lucente v. Int'l Bus. Machines Corp., 310 F.3d 243,258 (2d Cir.2002). Viewing the 15 pleading facts asserted in the light most favorable to MEC, having made sufficient assertions of 16 ownership, the Court is not persuaded that the amendments sought are futile. Further; 17

18 Plaintiff, having not raised an objection to the other Arashi factors, the Court finds them, for

19 purposes ofthis motion, waived. Arashi & Co., Inc., 2005 Guam 2 ~ 16. 20 II 21 II 22 II 23

Page 4 of5 2 CONCLUSION 3 Based upon the foregoing the Court grants MEC's request. Upon timely filing the 4 appropriate pleadings and accounting for the Guam Supreme Court's Administrative Rule 13- 5

6 003, the Parties shall submit a stipulated or individually proposed discovery and scheduling

7 order within 45 days. 8

9 SO ORDERED, this 10

II

Page 5 of5 CIVILLE & TANG, PLLC 330 HERNAN CORTEZ AVENUE, SUITE 200 HAGATNA, GUAM 96910 TELEPHONE: (671) 472-8868 2u,l 1'tl'i JUl"1'1 ?n o.U .,., ~ j-,] 1..;; 07 - FACSIMILE: (671) 477-2511

Attorneys for Petitioner, MEC, LLC.

IN THE SUPERIOR COURT OF GUAM

CHAMORRO EQUITIES, INC., CIVIL CASE NO. CV0408-13

Plaintiff,

vs.

VIVIAN McCURDY, LISA ULLOA, and FREDERICK ULLOA, MOTION AND MEMORANDUM IN Defendants. SUPPORT OF MOTION TO FILE AMENDED PLEADING

VIVIAN McCURDY, WALTER D. ULLOA, JUDITH E. OLIVER, and LISA ULLOA

Counterclaim Plaintiffs,

CHAMORRO EQUITIES, INC., ROBERT V. ULLOA, GERALD . D.

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