David W. Carickhoff, as Chapter 7 Trustee of Live Well Financial, Inc. v. Michael C. Hild, Laura D. Hild, Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC, Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC, Valentine’s Meat-Juice Company LLC, Eric G. Rohr, and C. Darren Stumberger; John Does 1-10

CourtUnited States Bankruptcy Court, D. Delaware
DecidedDecember 15, 2025
Docket21-50966
StatusUnknown

This text of David W. Carickhoff, as Chapter 7 Trustee of Live Well Financial, Inc. v. Michael C. Hild, Laura D. Hild, Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC, Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC, Valentine’s Meat-Juice Company LLC, Eric G. Rohr, and C. Darren Stumberger; John Does 1-10 (David W. Carickhoff, as Chapter 7 Trustee of Live Well Financial, Inc. v. Michael C. Hild, Laura D. Hild, Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC, Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC, Valentine’s Meat-Juice Company LLC, Eric G. Rohr, and C. Darren Stumberger; John Does 1-10) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
David W. Carickhoff, as Chapter 7 Trustee of Live Well Financial, Inc. v. Michael C. Hild, Laura D. Hild, Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC, Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC, Valentine’s Meat-Juice Company LLC, Eric G. Rohr, and C. Darren Stumberger; John Does 1-10, (Del. 2025).

Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 7 LIVE WELL FINANCIAL, INC., Case No. 19-11317 (LSS) Debtor. DAVID W. CARICKHOFF, as Chapter 7 Trustee of LIVE WELL FINANCIAL, INC., Adv. Pro. No. 21-50966 (LSS) Plaintiff, v. Re: Docket No. 105 MICHAEL C. HILD, LAURA D. HILD, CHURCH HILL VENTURES LLC, ANDERSON’S NECK LLC, THE BUTTERBEAN LLC, CLIMAX BEVERAGE CO. LLC, DOGTOWN BREWING LLC, GARDENIA LLC, HOT DIGGITY DONUTS LLC, KINGFISHER LLC, MANASTOH BREWING LLC, URBAN BLEAT CHEESE CO. LLC, ARAGON COFFEE CO. LLC, PETER STUMPF BREWING COMPANY LLC, PIN MONEY PICKLES LLC, ROSENEGK BREWING CO. LLC, VALENTINE’S MEAT-JUICE COMPANY LLC, ERIC G. ROHR, and C. DARREN STUMBERGER, and. JOHN DOES 1-10, Defendants. OPINION The Hild Entities’ seek an order quashing or canceling memoranda of lis pendens filed by David M. Carickhoff (“Trustee”) in his capacity as chapter 7 Trustee of Live Well

’ Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC,

Financial, Inc.’s estate against certain real property located in Richmond, Virginia.? The Hild Entities assert ‘Trustee lacked legal authority to file the memoranda under Virginia law. Trustee responds that his filings are justified because he seeks a declaratory judgment that the real property at issue is held in a constructive or resulting trust for the benefit of the chapter 7 estate as it was purchased with funds Mr. Hild wrongfully received from Live Well. The fundamental question is whether, as a matter of law, seeking a constructive or resulting trust based on misappropriated funds traced directly to real property constitutes “an interest” in real property recognized under the Virginia lis pendens statute such that a lis pendens is properly filed. Because I conclude it is, | will deny the Motion. Background’ This adversary proceeding is one part of a complex web of litigation surrounding the downfall of Live Well Fimancial, Inc. (“Debtor”), the full history of which is not relevant to the question presented.’ Broadly speaking, Trustee seeks to recover tens of millions of dollars from Defendants based on an alleged scheme to enrich themselves at Debtor’s

Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC and Valentine’s Meat-Juice Company LLC. ? Mot. of Hild Entities to Quash or Cancel Notice of Lis Pendens, Dkt. No. 105 (“Motion”). Unless otherwise stated, all docket citations are to the adversary proceeding docket. 3 When determining whether an action seeks to establish an interest in real property under Virginia law, “the allegations in the bill of complaint will be taken as a correct statement of fact.” Lee v. Garrett Homes of Virginia, L.C., 60 Va. Cir. 235, at *1 (2002). See also Fed, R. Civ. P. 52(a}(3), made applicable by Fed. R. Bankr. P. 7052 (“The court is not required to state findings or conclusions when ruling on a motion under Rule 12 or 56 or, unless these rules provide otherwise, on any other motion,”). * A more detailed recitation of the factual issues underlying this dispute is found in the Complaint, Dkt. No. 1. See also Carickhoffv. Wedbush Secs., Inc. (In ve Live Well Fin., Inc), 652 B. R. 699 (Bankr. D. Del. 2023); Carickhoffv. Cantor (In re Live Well Fin., Inc.), Case No. 19-11317, Adv. Pro, No. 21- 50990, 2023 WEL 3995900 (Bankr. D. Del. June 13, 2023).

expense. Trustee sues Defendants in nineteen Counts, including for breaches of fiduciary duty, aiding and abetting breaches of fiduciary duty, and avoidance and recovery of fraudulent, preferential and otherwise unauthorized transfers. Of particular relevance here, Trustee alleges that from 2015 through 2019 Mr. Hild orchestrated and perpetrated a “pervasive fraud” through which he “extracted more than $26 million from Live Well” in breach of his fiduciary duties by paying himself “grossly excessive overcompensation.”° Trustee alleges that these funds were initially transferred to a joint bank account held with Mrs. Hild at Wells Fargo Bank and from there transferred to the Hild Entities and their businesses. Trustee specifies that: In particular, at least $22.5 million that Michael Hild obtained from Live Well, as a result of his breaches of duty and criminal and fraudulent conduct, is directly traceable to the Subject Real Properties in the form of purchase price payments, construction loan payments, and payments to numerous contractors, architects, designers and other professional firms as well as equipment purchased for and installed at the Subject Real Properties. In short, the Subject Real Properties were purchased, renovated, and operated with funds Michael Hild obtained by defrauding Live Well’s bond lenders and breaching his duty to Live Well and which Hild looted from Live Weil to enrich himself, his wife, and their wholly owned entities.® In addition to other remedies, in Count XIV, Trustee seeks a declaration that: Michael Hild, Laura Hild, and the Hild Entities hold[] all of their assets that are traceable to the fruits of the fraud and breaches of duty, including without limitation the Subject Real Properties, in a constructive or resulting trust for the benefit of the Trustee on behalf of the Live Well chapter 7 estate, and . . .that all such assets, including without limitation the Subject Real Properties, constitute property of the Live Well bankruptcy estate.’

> Compl. 445, 432. Compl. § 434. The Subject Real Properties as defined in the Complaint constitute sixty-three (63) separate parcels of land located in Richmond, Virginia. Compl. f§ 248-250. The real estate at issue here is a subset of these properties, ? Compl. 7437.

Tn furtherance of the relief requested in the Complaint, Trustee filed at least seventeen memoranda of lis pendens for parcels of real property titled in the names of Defendants Church Hill Ventures LLC and Kingfisher LLC (collectively, “Lis Pendens Properties”).* Each memorandum of lis pendens gives notice of this adversary proceeding and Trustee’s request for the establishment of a constructive trust.’ Procedural Posture The Hild Entities filed their Motion on October 27, 2023. Trustee timely filed his Objection.” I heard oral argument on April 8, 2024. At the conclusion of the hearing, I requested post-hearing briefing on the scope of Virginia’s lis pendens statute, including whether the constructive trust sought by the Compiaint constitutes an interest in real property as required therein. The submissions were made and the matter is now fully briefed and ripe for decision." Jurisdiction Jurisdiction exists because this adversary proceeding is at least related to the bankruptcy case.”

Mot., Ex. A, Dkt. No. 105-1. ° Mot., Ex. A. Chapter 7 Tr.’s Obj. to Mot. of Hild Entities to Quash or Cancel Notice of Lis Pendens, Dkt. No. 107. " Chapter 7 Tr.’s Post-Hr’g Mem, of Law in Opp’n to Mot. of Hiid Entities to Quash or Cancel Notice of Lis Pendens, Dkt. No. 155 (“Tr.’s Post-Hr’g Mem.”); Mem. of Law in Supp. of Mot. of Hild Entities te Quash or Cancel Notice of Lis Pendens, Dkt. No, 158 (“Movants’ Post-Hr’g Mem.”); Chapter 7 Tr.’s Post-Hr’g Reply in Further Opp’n to Mot. of Hild Entities to Quash or Cancel Notice of Lis Pendens, Dkt. No. 162 (“Tr.’s Post-Hr’g Reply”). 2 28 U.S.C. § 1334(b). Notwithstanding that jurisdiction exists, I note that only Kingfisher and. Church Hill Ventures have standing to bring the Motion as the only properties against which the Hild Entities claim Trustee filed memoranda of lis pendens are owned by those defendants.

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David W. Carickhoff, as Chapter 7 Trustee of Live Well Financial, Inc. v. Michael C. Hild, Laura D. Hild, Church Hill Ventures LLC, Anderson’s Neck LLC, The Butterbean LLC, Climax Beverage Co. LLC, Dogtown Brewing LLC, Gardenia LLC, Hot Diggity Donuts LLC, Kingfisher LLC, Manastoh Brewing LLC, Urban Bleat Cheese Co. LLC, Aragon Coffee Co. LLC, Peter Stumpf Brewing Company LLC, Pin Money Pickles LLC, Rosenegk Brewing Co. LLC, Valentine’s Meat-Juice Company LLC, Eric G. Rohr, and C. Darren Stumberger; John Does 1-10, Counsel Stack Legal Research, https://law.counselstack.com/opinion/david-w-carickhoff-as-chapter-7-trustee-of-live-well-financial-inc-v-deb-2025.