Conagra Inc v. Country Select

CourtCourt of Appeals for the Fifth Circuit
DecidedMay 28, 2004
Docket03-60246
StatusUnpublished

This text of Conagra Inc v. Country Select (Conagra Inc v. Country Select) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fifth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conagra Inc v. Country Select, (5th Cir. 2004).

Opinion

United States Court of Appeals Fifth Circuit F I L E D REVISED, MAY 28, 2004 UNITED STATES COURT OF APPEALS January 29, 2004 FOR THE FIFTH CIRCUIT Charles R. Fulbruge III ______________________________ Clerk

No. 03-60246

______________________________

CONAGRA, INC.

Plaintiff-Appellant,

versus

COUNTRY SKILLET CATFISH COMPANY, ET AL.,

Defendants-Appellees.

Appeal from the United States District Court for the Northern District of Mississippi, Greenville Division No. 4:00CV246-M-B

Before GARWOOD, JONES, and STEWART Circuit Judges.

EDITH H. JONES, Circuit Judge:*

This case arises from the sale of a Mississippi catfish

business to a group of investors. In conjunction with the sale,

ConAgra also temporarily “leased” certain employees to the divested

subsidiary. ConAgra filed suit for breach of these agreements.

The district court, however, found primarily against ConAgra. For

* Pursuant to 5TH CIR. R. 47.5, the Court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in 5TH CIR. R. 47.5.4. the reasons set forth below, we affirm in part and reverse in part

the district court’s judgement.

I. BACKGROUND

From 1971 through 1990, ConAgra owned a catfish

processing business in Mississippi and operated the business

through an unincorporated division known as Country Skillet Catfish

Company (“Country Skillet”).1 From 1991 until December 18, 1996,

ConAgra operated the catfish processing business as a joint venture

between its subsidiary, Country Skillet, and Fishco, Inc.

(“Fishco”). This joint venture was operated through a company

known as Confish, Inc. (“Confish”).2 Confish’s profits and losses

were shared equally between Country Skillet and Fishco throughout

the course of the joint venture.

During that time, ConAgra paid the payroll and benefits

expenses for Confish’s salaried and hourly employees, which Confish

regularly reimbursed. Although this arrangement was informally

referred to between the parties as a “lease” of the employees, no

lease agreement, written or otherwise, ever existed. Additionally,

from 1971 until December 18, 1996, ConAgra provided pension

benefits to its salaried employees, but not to its hourly

employees. On December 18, 1996, ConAgra sold 100% of its Country

1 In 1991, Country Skillet was incorporated as a wholly-owned subsidiary of ConAgra. 2 Confish is now known as Consolidated Catfish Companies, LLC, and Country Skillet has changed its name to Country Select Catfish Company. However, for clarity’s sake, we refer to these companies collectively as Confish.

2 Skillet stock to Richard Stevens, Tom Reed, and Mitchell Pearson

pursuant to a Stock Sale Agreement (“Sale Agreement”). The parties

also entered into a formal employee leasing agreement (“Leasing

Agreement”), which was incorporated into the terms of the Sale

Agreement.

The Leasing Agreement had a maximum three-year term and

provided that all of the Confish personnel, both salaried and

hourly, would remain ConAgra employees for its duration. In the

Leasing Agreement, Confish agreed to reimburse ConAgra for certain

employee-related expenses, including employee compensation and the

“costs” of fringe benefits. The Leasing Agreement also permitted

the parties to terminate the agreement early.3 Both the Sale and

Leasing Agreements were negotiated primarily between Dwight Goslee,

a senior executive at ConAgra, and Stevens.

Simultaneously, ConAgra was also negotiating a new

Collective Bargaining Agreement (“CBA”) for the Confish hourly

employees with the local United Food & Commercial Workers union

(“UFCW”). During the course of these negotiations, Tom

Baumgardner, ConAgra’s union negotiator, contacted Don Winters,

3 The Leasing Agreement provided:

It is specifically understood and agreed that Lessor shall have the right to immediately terminate this Agreement in the event Country Skillet defaults under the Promissory Note or defaults under or breaches any terms or conditions provided herein. In the event of any such termination, this Agreement will continue to govern the parties’ rights and obligations with respect to services performed prior to the date of termination.

3 ConAgra’s Director of Employee Benefits, regarding a proposal to

include past and current pension benefits to the Confish hourly

employees in the new CBA. Winters investigated the cost of

providing these benefits and provided the information to

Baumgardner. On March 19, 1997, Confish and UFCW executed a CBA

that included past and current pension benefits for the hourly

employees.

Surprisingly, Goslee never contacted Winters about the

impending sale of Country Skillet, nor did he offer the ConAgra

employee benefits department the opportunity to review its terms.

Thus, the district court concluded that Baumgardner and Winters

remained unaware of Goslee’s negotiations and the sale’s

implications as to ConAgra’s future pension liabilities. The

district court also found, and the parties do not dispute, that the

subject of continuing pension liabilities for hourly employees,

post-termination of the Lease Agreement, was never broached during

the negotiations, much less specifically negotiated between Goslee

and Stevens.4

On December 31, 1998, approximately one year early, the

parties mutually terminated the Lease Agreement. At that point,

ConAgra approached Confish concerning its responsibility under the

4 Conversely, during the negotiations, Goslee and Stevens did negotiate post-termination liability for workers’ compensation benefits and the potential cost of WARN Act liabilities. Confish agreed to fund those future costs and paid, pursuant to the Lease Agreement, a $250,000 deposit to secure that obligation.

4 Lease Agreement for reimbursement of post-termination pension

costs. Confish took the position that the Lease Agreement did not

contemplate transfer of these post-termination pension costs.

Moreover, Confish disputed any liability to ConAgra for pension

costs incurred and paid during the term of the Lease Agreement,

which ConAgra billed, as it had in the past, in accordance with

Financial Accounting Standards Board Statement No. 87 (“FAS 87").

Consequently, on January 11, 2000, ConAgra filed suit in

federal court against Confish for breach of the Lease Agreement.

ConAgra sought money damages for previously incurred pension costs,

a declaration that Confish was obligated to reimburse ConAgra for

post-termination pension costs, and attorneys’ fees and expenses.

Confish initially made two arguments in defense: (1) that it did

not owe any previous or future pension costs; and (2) “costs” only

included “contribution” or “out-of-pocket” costs actually incurred

— not the amount calculated in accordance with FAS 87. Confish

also counterclaimed for breach of the Lease Agreement and asserted

that, during the Lease Agreement, it had overpaid ConAgra for

salaried employee pension costs by $43,286 through the use of FAS

87. Stevens also joined as a counterclaim plaintiff in an effort

5 to recover $50,000 he claimed Goslee promised upon early

termination of Lease Agreement.5

The parties waived a jury trial and a two-day bench trial

followed. At the conclusion of the trial, and after considering

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