Corbin v. Hilco Merchant Resources LLC

CourtDistrict Court, D. Delaware
DecidedNovember 1, 2024
Docket1:24-cv-01353
StatusUnknown

This text of Corbin v. Hilco Merchant Resources LLC (Corbin v. Hilco Merchant Resources LLC) is published on Counsel Stack Legal Research, covering District Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Corbin v. Hilco Merchant Resources LLC, (D. Del. 2024).

Opinion

UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS

CHRISTOPHER CORBIN and RICH SERONICK, * Individually, and on behalf of all others similarly * situated, * * Plaintiffs, * * Civil Action No. 1:23-cv-12807-IT v. * * MARC SALKOVITZ, PAM SALKOVITZ, and * HILCO MERCHANT RESOURCES, LLC, * * Defendants. *

MEMORANDUM & ORDER November 1, 2024

TALWANI, D.J. Pending before this court is Defendant HILCO Merchant Resources, LLC’s (“Hilco”) Motion to Transfer Case Venue to Delaware [Doc. No. 11] (“Motion to Transfer”), Defendants Marc Salkovitz and Pam Salkovitz’s Motion to Remand to State Court, or, in the Alternative, to Abstain from Hearing Removed Proceedings [Doc. No. 16] (the “Salkovitzes’ Remand Motion”), and Plaintiffs Christopher Corbin and Rich Seronick’s Motion to Remand to State Court and for Limited Jurisdictional Discovery [Doc. No. 21] (“Plaintiffs’ Remand Motion”). In the best interests of justice and comity, Plaintiffs’ claims against the Salkovitzes are SEVERED from the claims against Hilco, the Motions to Remand [Doc. Nos. 16, 21] are GRANTED as to Plaintiffs’ claims against the Salkovitzes and DENIED as to Plaintiffs’ claims against Hilco, and Hilco’s Motion to Transfer Venue [Doc. No. 11] is GRANTED as to the claims against Hilco. I. Background A. Factual Background as Alleged in the Complaint At all times relevant to the claims in the putative class action complaint, Defendant Marc Salkovitz was the Executive Chairman and Defendant Pam Salkovitz was Chief Executive

Officer of Christmas Tree Shops, LLC (“Christmas Tree Shops”), a chain of big-box specialty retail stores. State Court Compl. ¶¶ 5–6, 8, 28 [Doc. No. 2-1] (hereinafter “Compl.”). Together, they controlled, directed, and participated to a substantial degree in the formulation and determination of Christmas Tree Shops policies and were the two highest ranking officers of the company. Id. ¶ 5. Defendant Hilco is a limited liability company that specializes in, inter alia, retail store closings. Id. ¶ 7. Plaintiff Corbin was employed by Christmas Tree Shops’ Middleborough, Massachusetts corporate office as Vice President, Enterprise Systems, and Plaintiff Seronick was employed as a store-level associate out of Christmas Tree Shops’ store in Foxboro, Massachusetts. Id. ¶¶ 3–4. On January 6, 2023, Christmas Tree Shops entered into an Agreement for Consignment

of Memo Merchandise (“Consignment Agreement”) with Restore Capital, LLC (“CTS”), an affiliate of Hilco. Id. ¶ 10. The purpose of the Consignment Agreement was for Hilco to oversee a “going-out-of-business” sale for Christmas Tree Shops. See id. ¶ 11. On or about May 5, 2023, Christmas Tree Shops filed for Chapter 11 bankruptcy. Id. ¶ 12. Christmas Tree Shops announced that liquidation sales would begin around July 7, 2023, and retained Hilco as the liquidator. Id. ¶¶ 14–15. Hilco was compensated based on the amount of revenue generated by the liquidation sales, and Hilco regularly provided instruction and direction to Christmas Tree Shops employees throughout the liquidation. Id. ¶¶ 16–17. For instance, Hilco representatives frequently called Christmas Tree Shops district managers to instruct them to provide additional staffing in certain stores and gave direct instructions to store employees working during the liquidation. Id. ¶¶ 18–19. At or around the start of the liquidation sales, Marc Salkovitz told Christmas Tree Shops CFO Margie Kaufman and Senior Vice President of Store Operations Trace Hoyer that,

following conversations with Hilco President Ian Fredericks, all store employees who agreed to work through the end of the liquidation sale would be paid a retention bonus. Id. ¶ 21. As a result, Christmas Tree Shops store employees were promised that in exchange for working through the end of the liquidation sale, they would be paid this retention bonus in addition to their regular wages. Id. ¶ 22. Based on these representations, employees, including Corbin and Seronick, continued to work through the liquidation. Id. ¶ 24. On August 12, 2023, Hilco employee Michael Dwyer instructed Hoyer that the liquidation sales were ending and that all Massachusetts-based Christmas Tree Shops store employees were to be terminated, effective immediately. Id. ¶ 25. On their final day of employment, these employees, including both Plaintiffs, were not paid the wages they earned

during the final pay period, their accrued and unused vacation, and the retention bonuses promised. Id. ¶ 26. B. The Bankruptcy Proceedings As noted above, on or about May 5, 2023, Christmas Tree Shops filed for Chapter 11 bankruptcy1 in the United States Bankruptcy Court for the District of Delaware (“Bankruptcy

1 The Supreme Court has provided the following bankruptcy fundamentals: “In Chapter 11, debtor and creditors try to negotiate a plan that will govern the distribution of valuable assets from the debtor’s estate and often keep the business operating as a going concern. See, e.g., 11 U.S.C. §§ 1121, 1123, 1129, 1141 (setting out the framework in which the parties negotiate).” Czyzewski v. Jevic Holding Corp., 580 U.S. 451, 455 (2017). “Filing for Chapter 11 bankruptcy has several relevant legal consequences. First, an estate is created comprising all property of the debtor. § 541(a)(1). Second, a fiduciary is installed to manage the estate in the interest of the Court”). See generally Voluntary Petition for Non-Individuals Filing for Bankruptcy, Exh. B to Decl. of Jason Schabinger (“Schabinger Decl.”) [Doc. 2-2]. The Salkovitzes did not file individually for bankruptcy and are not among the debtors in that proceeding. On May 7, 2023, the Christmas Tree Shops and other debtors (again, not including the Salkovitzes) filed an

emergency motion, see Schabinger Decl. ¶ 6 [Doc. 2], which the Bankruptcy Court granted on May 31, 2023, entering a Final Order (I) Authorizing, on a Final Basis, the Debtors to Assume the Store Closing Agreement, (II) Authorizing and Approving Closing Sales Free and Clear of All Liens, Claims and Encumbrances, and (III) Granting Related Relief (the “Final Store Closing Order”), Exh. D to Schabinger Decl. [Doc. 2-4]. Specific terms of the Final Store Closing Order, which includes provisions relating to Hilco, are discussed below. On August 16, 2023—four days after Plaintiffs and putative class members’ employment was terminated—the Bankruptcy Court entered an Order Converting the Debtors’ Chapter 11 Cases to Cases under Chapter 7 [Doc. No. 29-1] (“Conversion Order”).2 George Miller was appointed as the new trustee of the bankruptcy estate under Chapter 7. Decl. of George Miller,

Chapter 7 Trustee (“Miller Decl.”) [Doc. No. 29]. On December 21, 2023, the Bankruptcy Court entered an Order Approving Stipulation Between the Chapter 7 Trustee, Restore Capital, LLC,

creditors. §§ 1106, 1107(a). This fiduciary, often the debtor’s existing management team, acts as ‘debtor in possession.’ §§ 1101(1), 1104. It may operate the business, §§ 363(c)(1), 1108, and perform certain bankruptcy-related functions, such as seeking to recover for the estate preferential or fraudulent transfers made to other persons, § 547 (transfers made before bankruptcy that unfairly preferred particular creditors); § 548 (fraudulent transfers, including transfers made before bankruptcy, for which the debtor did not receive fair value). Third, an ‘automatic stay’ of all collection proceedings against the debtor takes effect. § 362(a).” Id. at 455–56. 2 “[A] possible outcome [or a Chapter 11] is conversion of the case to a Chapter 7 proceeding for liquidation of the business and a distribution of its remaining assets. §§ 1112(a), (b), 726. That conversion in effect confesses an inability to find a plan [to keep the business operating].” Czyzewski, 580 U.S. at 456.

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Corbin v. Hilco Merchant Resources LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/corbin-v-hilco-merchant-resources-llc-ded-2024.