Charles Paul Walker

CourtUnited States Bankruptcy Court, N.D. Georgia
DecidedFebruary 15, 2022
Docket10-43491
StatusUnknown

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Bluebook
Charles Paul Walker, (Ga. 2022).

Opinion

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Date: February 15, 2022 Lh Barbara Ellis-Monro U.S. Bankruptcy Court Judge

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF GEORGIA ROME DIVISION IN RE: CASE NO. 10-43491-BEM CHARLES PAUL WALKER, Debtor. | CHAPTER 7 IN RE: : CASE NO. 10-43492-BEM PAUL BRYAN WALKER and ROBIN ROUILLIER WALKER Debtors. | CHAPTER 7 ORDER I. Background This matter is before the Court on the Motion to Determine Judgment Not in Violation of Stay as to Non-Estate Property and Non-Debtor Parties or, Alternatively, to Annul the Stay (the “Relief Motion”) [Case 10-43491 Doc. 107; Case 10-43492 Doc. 93] filed by Bryan Peeples and the Co-Executors of the Estate of Shelby C. Peeples, Jr. and Debtor’s Motion to Recover Damages From Shelby Peeples and Bryan Peeples for Their Willful Violation of the

Automatic Bankruptcy Stay (the “Damages Motion”) [Case 10-43491 Doc. 117; Case 10-43492 Doc. 102]. These motions involve a dispute between Debtor Charles Paul Walker (“Paul Walker”) and Debtor Paul Bryan Walker (“Bryan Walker” and collectively, the “Walkers” or “Debtors”) on one side and Bryan Peeples and the Co-Executors of the Estate of Shelby C. Peeples, Jr. (the “Peeples”) on the other side. The Peeples sued the Walkers in the Superior Court of Whitfield

County in 2003. After a trial, the jury entered a verdict in favor of the Peeples. The Walkers then filed their bankruptcy cases and notified the Superior Court of their bankruptcy cases. Thereafter, the Superior Court entered a judgment on the verdict (the “Judgment”) that expressly referenced the bankruptcy filings. The Peeples’ Relief Motion asks for a determination that the Judgment did not violate the automatic stay as to non-estate assets and non-debtor property or, alternatively, for retroactive annulment of the stay with respect to the Judgment. The Walkers’ Damages Motion asserts that the Judgment is void because it was entered in violation of the automatic stay,1 that the Peeples’ failure to undo the Judgment violated the stay and proximately caused the Walkers to

incur attorney fees, and that the Peeples acted in bad faith by twice suing on an unenforceable Judgment such that the Walkers are entitled to punitive damages. The Court has jurisdiction pursuant to 28 U.S.C. § 157(b)(2)(G). The Relief Motion and the Damages Motion came before the Court for an evidentiary hearing on January 18, 2022, at which all parties presented witness testimony2 and documentary evidence. Having considered the evidence, including a stipulation filed by the parties in relation to the Relief Motion (the “Stipulation” or “Stip.”) [Case 10-43491 Doc. 116 Ex. A; Case 10-43492 Doc. 87 Ex. A], the applicable law, and the arguments of the parties the Court will

1 The Walkers’ responses to the Relief Motion also assert that the Judgment is void. 2 The deposition testimony of Shelby Peeples, who is deceased, was read into the record. grant the Relief Motion and will deny the Sanctions Motion. This Order constitutes the Court’s findings of fact and conclusions of law pursuant to Federal Rule of Bankruptcy Procedure 7052. II. Findings of Fact The Walkers and the Peeples entered into a Process and Product Development Agreement (“PPDA”) dated May 7, 2003 related to the development of polyurethane processes in

the application of backing in the manufacture of carpet (the “Technology”). [Stip. ¶ 1]. The PPDA [Peeples Ex. 13; Walker Ex. 14] provided that (1) the Walkers would issue 50% of the ownership interest in Simplicity Coating, LLC (“Simplicity”) to Bryan Peeples; (2) the Walkers would issue 20% of the ownership interest in New Spirit Backings, LLC (“New Spirit”) to the Peeples; (3) the Walkers would convey all interest in the Technology to Simplicity; (4) the Walkers would cause Simplicity to grant New Spirit an exclusive license in the Technology; (5) the Walkers would cause New Spirit to grant the Peeples an exclusive perpetual sublicense to use the Technology on a commission basis in the industry and a nonexclusive perpetual sublicense to use the Technology in the Peeples’ own manufacturing processes. [PPDA ¶ 4.4, 4.5].

On September 15, 2003, the Peeples filed a complaint against the Walkers in the Superior Court of Whitfield County, Georgia, asserting claims for injunction, declaratory judgment, and specific performance (the “2003 Action”). [Stip. ¶ 2; Ex. W2]. The Walkers were the only defendants named in the 2003 Action and the only defendants served in the 2003 Action. [Stip. ¶ 13, 14]. Joann Brown Williams (now Joann Sharp and hereinafter “Ms. Sharp”) began representing the Peeples in the 2003 Action in January 2009, replacing their prior attorney. [Ex. W6]. In a letter dated September 4, 2009, the Peeples wrote to the Walkers demanding that

3 The Peeples’ exhibits are filed on the docket at Case No. 10-43491, Docs. 150 & 152 and Case No. 10-43492, Docs. 135 & 137, and shall hereinafter be referred to as “Ex. P___.” 4 The Walkers’ exhibits are filed on the docket at Case No. 10-43491, Doc. 148 and Case No. 10-43492, Doc. 133, and shall hereinafter be referred to as “Ex. W___.” Simplicity and New Spirit take certain actions pursuant to O.C.G.A. § 14-11-801 et seq.5 [Ex. W9]. In the letter the Peeples stated that they are members or are entitled to be members of Simplicity and New Spirit. [Id.] Bryan Peeples signed the letter as a member of Simplicity and New Spirit and Shelby Peeples signed the letter as a member of New Spirit. [Id.] On October 22, 2009, the Peeples filed an amended complaint in the 2003 Action that asserted claims directly and

derivatively on behalf of Simplicity and New Spirit for breach of fiduciary duty, gross negligence, misappropriation of corporate opportunities, conversion, and accounting. [Stip. ¶ 5; Ex. W10]. The Walkers filed a motion to dismiss the amended complaint, arguing among other things that the Peeples could not bring derivative claims. [Ex. P5]. Judge Morris of the Superior Court denied the motion to dismiss, finding among other things that the Peeples had standing to bring the derivative claims. [Ex. P8]. In the jury charge, Judge Morris explained a derivative action and the requirements for awarding damages in a derivative action. [Ex. P9 at 19-23]. Judge Morris then went through the verdict form, noting that questions 8, 9, 10, and 11 are special interrogatories, in which the jury

makes findings. [Id. at 25.] In a discussion with counsel about their exceptions to the jury charge, Judge Morris indicated that the special interrogatories related to the declaratory judgment claim. [Id. at 30]. Ms. Sharp testified that the verdict form was a collaborative effort among her, Judge Morris, and counsel for the Walkers and that she does not recall any objections once the form was put together. [Audio Tr. 1/20/22 at 10:25:20 am]. On August 26, 2010, a jury verdict was filed in the 2003 Action in favor of the Peeples and against the Walkers (the “Verdict”). [Stip. ¶ 10]. In the Verdict, the jury answered “yes” to the question of whether the PPDA was breached. [Ex. W18; Ex. P10]. The jury indicated

5 O.C.G.A. § 14-11-801 sets forth the conditions for a member to commence a derivative action on behalf of a limited liability company. that the breach was by Paul and/or Bryan Walker and awarded the Peeples damages of $248,384.87 from Paul Walker and $5,000 from Bryan Walker. [Id.].

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