Cipollone v. Applestein

CourtDistrict Court, E.D. New York
DecidedFebruary 2, 2022
Docket1:20-cv-01614
StatusUnknown

This text of Cipollone v. Applestein (Cipollone v. Applestein) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cipollone v. Applestein, (E.D.N.Y. 2022).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK -----------------------------------------------x ANTHONY CIPOLLONE, et al.,

Plaintiffs,

MEMORANDUM AND ORDER -against-

Case No. 1:20-cv-01614-FB-MMH ALLAN APPLESTEIN, et al.,

Defendants. ------------------------------------------------x For the Defendants: Appearances: CAROLINE P. GATELY For the Plaintiffs: Venable LLP MICHAEL LACY 600 Massachusetts Ave., N.W. Troutman Pepper Hamilton Sanders LLP Washington, D.C. 20001 1001 Haxall Point

Richmond, VA 23219 NICHOLAS M. DEPALMA

Venable LLP STEPHEN JAY STEINLIGHT 8010 Towers Crescent Drive Troutman Pepper Hamilton Sanders LLP Suite 300 875 Third Avenue Tysons Corner, VA 22182 New York, NY 10022

VERNON EUGENE INGE, JR., MICHAEL HUGH BRADY and STEPHEN MATTHEW FARACI, SR.

Whiteford, Taylor & Preston, L.L.P. 1021 East Cary Street Two James Center Suite 1700 Richmond, VA 23219 BLOCK, Senior District Judge: I. The Motion Before the Court

Presently before the Court is a motion to remand this case to the Circuit Court of Richmond County (the “Virginia state court,”) where plaintiffs Anthony

Cipollone and Domenick Cipollone (the “Cipollones”) originally brought the case. Defendants Allan Applestein (“Applestein”), Diatomite Corporation of America (“Diatomite”), Howard Kleinhendler (“Kleinhendler”) and Benito Fernandez (“Fernandez”) (collectively, the “Defendants”), who are former business associates

of the Cipollones, oppose on the basis that this case is related to a bankruptcy proceeding pending in United States Bankruptcy Court for the Eastern District of New York (the “New York Bankruptcy Case”). The Court agrees.

The Cipollones’ action contains the following claims: (1) fraudulent inducement to contract against Fernandez and Kleinhendler, (2) tortious interference with contract against Applestein and Diatomite, and (3) conspiracy against all Defendants. Principally, the Cipollones allege that the Defendants

conspired to curtail recourse provided to the Cipollones in a stockholders’ agreement (the “Stockholders’ Agreement”) through the secret execution of a side agreement (the “Side Agreement”). After the Cipollones filed this action in the

Virginia state court, Kleinhendler successfully moved to transfer it to the United States Bankruptcy Court for the Eastern District of Virginia (the “E.D. Va. Bankruptcy Court”), and subsequently to this Court.1 For the following reasons, the Cipollones' motion to remand or abstain is denied.

II. Relevant Facts and Background This case is one of numerous actions arising from a soured business deal

made between the Cipollones and Defendants. Litigation stemming from this arrangement is now pending in the United States Bankruptcy Court for the Eastern District of New York (“E.D.N.Y. Bankruptcy Court”) and before this Court.2 The facts and procedural history of this case and those related to it are complicated.

Nonetheless, they are summarized here insofar as they relate to the motion to remand to Virginia state court. Fernandez and Kleinhendler together formed Virginia True Corporation

(“Virginia True”) to purchase land (the “Property”) in Virginia from Diatomite, a corporation owned by Applestein. As part of this purchase, the Cipollones,

1 This case, including the present motion to remand or abstain, was transferred here by the E.D. Va. Bankruptcy Court. Although related to the New York Bankruptcy Case, this case was not transferred to the E.D.N.Y. Bankruptcy Court because it is not a core proceeding. Bankruptcy courts do not have the authority to make rulings in non-core proceedings without the consent of all parties. See § 28 U.S.C. 157(c)(1)-(2). There is also a pending motion to dismiss that the E.D. Va. Bankruptcy Court transferred to this Court. It will be addressed by the Court when it is fully briefed and is therefore not now discussed. 2 There is also litigation stemming from the same business deal in the United States District Court for the Southern District of Florida. Because there are no motions pending before the court in this matter, it is not addressed here. Kleinhendler and Fernandez executed the Stockholders’ Agreement for Virginia True on April 27, 2017. This agreement provided that the Cipollones would

contribute $5 million to finance the purchase of the Property in exchange for shares in Virginia True, and that they could recover their investment through a buyout provision allowing for the issuance of promissory note to the Cipollones for $5

million secured by a lien on the Property. On the same day that the Stockholders’ Agreement was executed, Virginia True used the Cipollones’ capital contribution to purchase the Property from Diatomite, as agreed upon by the parties. Separately, Virginia True simultaneously executed an unsecured $7 million

promissory note via the Side Agreement with Diatomite. They did so allegedly without the consent of or notice to the Cipollones. In the Side Agreement, Virginia True and Diatomite agreed that no liens could encumber the Property without

Applestein’s consent. This agreement undermined the Cipollones’ buyout provision and forms the basis of their claims against Defendants. The Cipollones argue that they never would have contracted with Defendants had they known about the Side Agreement, and that Defendants intentionally concealed the Side

Agreement to induce them to contract. In 2018, and apparently still without knowledge of the Side Agreement, the Cipollones attempted to exercise their buyout provision. Virginia True then granted

them a $5 million promissory note secured by a lien on the Property per the buyout provision. Upon the note’s maturity on April 27, 2019, Virginia True did not pay the Cipollones the $5 million it owed them.

On May 3, 2019, Virginia True initiated the New York Bankruptcy Case by filing for chapter 11 bankruptcy in the E.D.N.Y. Bankruptcy Court, and that action remains ongoing. The Cipollones are participants in this action.3 Separately, on

December 3, 2019 and after the New York Bankruptcy Case commenced, the Cipollones filed the present action against Kleinhendler, Fernandez, Diatomite and Applestein in Virginia state court. III. Legal Disposition

The Cipollones move to remand under Federal Rule of Bankruptcy Procedure (“FRBP”) 9027(d) and 28 U.S.C. § 1452(b), which allows the Court to

remand this action on any equitable grounds. They argue that the matter should proceed in Virginia state court since all the claims are Virginia law claims centering on allegations of fraud that are not contingent on Virginia True’s bankruptcy, since Virginia True is not a party in this action.

District courts have jurisdiction over actions “arising under title 11, or arising in or related to cases under title 11.” 28 U.S.C. § 1334(b). While the

3 Separately, Applestein and Diatomite have brought suit against Kleinhendler and his law firm for legal malpractice, which is also pending before this Court. That case is not addressed here. Cipollones’ claims do not arise under title 11, since they are state law tort claims, they are related to the New York Bankruptcy Case. A civil proceeding is related to

a title 11 case if the action’s “outcome might have any ‘conceivable effect’ on the bankruptcy estate.” In re Cuyahoga Equip. Corp., 980 F.2d 110, 114 (2d Cir. 1992). That is the case here. The outcome of the present action may impact the

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