Darius Naffis v. George A. Tzavaras

CourtCourt of Appeals of Georgia
DecidedMarch 16, 2021
DocketA20A1970
StatusPublished

This text of Darius Naffis v. George A. Tzavaras (Darius Naffis v. George A. Tzavaras) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Darius Naffis v. George A. Tzavaras, (Ga. Ct. App. 2021).

Opinion

FIRST DIVISION BARNES, P. J., GOBEIL and PIPKIN, JJ.

NOTICE: Motions for reconsideration must be physically received in our clerk’s office within ten days of the date of decision to be deemed timely filed. https://www.gaappeals.us/rules

DEADLINES ARE NO LONGER TOLLED IN THIS COURT. ALL FILINGS MUST BE SUBMITTED WITHIN THE TIMES SET BY OUR COURT RULES.

February 24, 2021

In the Court of Appeals of Georgia A20A1970. NAFFIS v. TZAVARAS.

GOBEIL, Judge.

Darius Naffis, M.D., appeals from the trial court’s order granting George

Tzavaras’s motion for partial summary judgment, in Naffis’s lawsuit seeking to

collect damages from Tzavaras based on the terms of a promissory note representing

a debt between the parties.1 The trial court ultimately found that the consideration for

the promissory note was at least partially illegal, based on Naffis’s alleged extortion,

and thus the note was unenforceable. On appeal, Naffis argues that the trial court

erred in granting summary judgment to Tzavaras because genuine issues of material

fact remain concerning (1) whether extortion actually occurred in the execution of the

1 Naffis amended his complaint to add claims against Tzavaras for fraud, misrepresentation, and defalcation. Those claims were not the subject of Tzavaras’s motion for summary judgment and remain pending in the trial court. promissory note and, if so, (2) whether an exception applied to render Naffis’s

conduct legal. For the reasons set forth below, we reverse the trial court’s judgment.

On appeal, we review the trial court’s summary judgment ruling de novo and

“construe the evidence and all reasonable inferences therefrom in the light most

favorable to [Naffis as] . . . the nonmovant.” Hindmon v. Virgil’s Food Mart, Inc.,

252 Ga. App. 732, 732 (556 SE2d 135) (2001). Summary judgment is appropriate

only if no genuine issues of material fact remain concerning the nonmovant’s claims.

See id. at 732-733.

So viewed, the record shows that Tzavaras was married to Naffis’s daughter

from November 2004 until February 2019. During the marriage, Naffis entrusted

Tzavaras with at least $1.5 million to invest. Naffis expected the arrangement to

produce “income and modest growth” for himself, as well as provide Tzavaras with

a source of income, in the form of commissions, as a way to support Naffis’s daughter

and grandchildren. Naffis received “some distributions” from Tzavaras, but never

received tax forms to document any supposed gains from the investments despite

repeated requests.

In August 2014, Tzavaras and Naffis’s daughter moved to Atlanta. Tzavaras

wished to purchase a house in Fulton County, and asked Naffis to buy the house and

2 later sell it to Tzavaras after Tzavaras was able to arrange financing. Naffis spent

$310,000 on the house, and another $60,000-$70,000 in repairs and improvements

at Tzavaras’s request. Tzavaras never purchased the house from Naffis as promised.

In October 2016, following Naffis’s “growing suspicions” about Tzavaras’s

behavior with respect to Naffis’s money, Tzavaras voluntarily delivered to Naffis an

“Acknowledgment of Debt” document, confirming that Tzavaras was indebted to

Naffis in the amount of $1,934,000. Tzavaras acknowledged that Naffis “shall be

authorized to enter an uncontested, default judgment” against him, should the debt

not be paid in full by May 1, 2017.

Naffis delivered the debt acknowledgment to his attorney, who drafted a

promissory note (the “Note”) formally embodying Tzavaras’s obligation. The Note,

which was signed by Tzavaras in the presence of an attorney on January 5, 2017,

repeats that Tzavaras had agreed to pay Naffis the principal balance of $1,934,000,

with six and one half percent interest per annum, until maturity on May 1, 2017, and

then twelve percent interest per annum thereafter. According to Naffis, as of the

timing of the filing of the lawsuit, Tzavaras had not paid any of the debt owed.

In December 2018, Naffis filed suit against Tzavaras on the Note. The

complaint explains the existence of the Note, then states:

3 Among other things, the consideration for the Note was the forbearance of Dr. Naffis in filing criminal charges, and initiating a civil suit against Tzavaras, arising out of Tzavaras’[s] embezzlement, misappropriation, fraud and defalcation in receiving and misusing or misappropriating funds for Dr. Naffis which Tzavaras as a fiduciary was entrusted to invest for Dr. Naffis.

The complaint alleges that Tzavaras embezzled or misappropriated the money

entrusted to him and that Tzavaras failed to return to Naffis “any of the funds

entrusted to him, despite numerous requests by Dr. Naffis.” Based on Tzavaras’s

failure to pay the debt by May 1, 2017, Naffis calculated that, in addition to the

principal amount, Tzavaras owed him $391,489.41 in interest as of the day of filing

the complaint, and $635.84 per day thereafter based on the 12 percent interest rate set

froth in the promissory note. Naffis also sought attorney fees as laid out in the Note,

and pursuant to OCGA § 13-6-11.

Tzavaras answered the complaint, asserting among other things that the

consideration for the Note was illegal, in that Naffis threatened to criminally

prosecute Tzavaras if he refused to sign the Note. Such threat, Tzavaras asserted,

amounted to extortion, which would render the Note unenforceable. In his answer,

Tzavaras set forth his own version of events, claiming that he ran a successful

4 investment coaching business, yet had modest personal success in investing. Tzavaras

asserted that he warned Naffis of the risks of investing, yet Naffis was insistent.

Tzavaras stated that he generated approximately $230,000 for Naffis in the first

several years of the arrangement, but he then began to lose money. He claimed that

Naffis threatened to file criminal charges against him, and has defamed him in a way

that was damaging to Tzavaras’s business. Tzavaras filed a counterclaim against

Naffis alleging extortion and defamation, which he later withdrew without prejudice.

The parties engaged in discovery, and, in May 2019, Tzavaras filed a motion

for partial summary judgment. As in his answer, Tzavaras argued that the

consideration for the Note was based on extortion, and thus the Note was

unenforceable. Naffis responded in June 2019, arguing Tzavaras delivered the

Acknowledgment of Debt to him voluntarily and without threat. Additionally, the

Georgia statute governing extortion, OCGA § 16-8-16 (c), provides an exception if

the party agreeing to forgo criminal prosecution in exchange for a promise to pay

money has an honest belief that the money is owed to him as restitution for harm

done. Because Naffis has an honest claim2 to the principal balance set forth in the

2 In addition to stating his argument in his filings, Naffis swore via affidavit that he has “an earnest and honest, unwavering belief” that he “was and [is] entitled to be paid the debt embodied and evidenced by the Note.”

5 Note, he argued, the consideration for the Note, which included a promise to forgo

criminal prosecution of Tzavaras, was not illegal and the Note was enforceable.

On July 30, 2019, over a month after filing his summary judgment motion,

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Darius Naffis v. George A. Tzavaras, Counsel Stack Legal Research, https://law.counselstack.com/opinion/darius-naffis-v-george-a-tzavaras-gactapp-2021.