Davis v. Judd

CourtCourt of Appeals of Kansas
DecidedDecember 9, 2016
Docket113933
StatusUnpublished

This text of Davis v. Judd (Davis v. Judd) is published on Counsel Stack Legal Research, covering Court of Appeals of Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Davis v. Judd, (kanctapp 2016).

Opinion

NOT DESIGNATED FOR PUBLICATION

No. 113,933

IN THE COURT OF APPEALS OF THE STATE OF KANSAS

CARL B. DAVIS, Bankruptcy Trustee, In Re: CHERYL A. HARRELL, UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF KANSAS, Case No. 13-11176, Appellee,

v.

MARK A. JUDD, O.D., and MARK A. JUDD, O.D., P.A., Appellants.

MEMORANDUM OPINION

Appeal from Barton District Court; MIKE KEELEY, judge. Opinion filed December 9, 2016. Affirmed in part, reversed in part, and remanded.

Charles T. Engel and Elizabeth A. Baker, of Engel Law, P.A., of Topeka, for appellants.

Kenneth H. Jack, of Davis & Jack, L.L.C., of Wichita, for appellee.

Before BUSER, P.J., HILL, J., and WALKER, S.J.

BUSER, J.: Dr. Mark A. Judd and Cheryl Harrell, in her capacity as administratrix of Dr. Jon R. Harrell's estate, entered into a purchase agreement for the sale of Dr. Jon R. Harrell's optometry practice. The agreement included an additional consideration clause that obligated Dr. Judd to pay Cheryl, individually, a percentage of the practice's yearly gross revenues through 2015, provided those revenues exceeded a certain amount.

Later, Dr. Judd decided these payments of additional consideration were contrary to the Kansas Optometry Law, K.S.A. 65-1501 et seq., and the state's public policy. As a 1 result, he refused to comply with this provision of the purchase agreement. Cheryl sued Dr. Judd for breach of contract, and the district court entered summary judgment in her favor.

On appeal, Dr. Judd challenges the district court's rejection of his illegality defense, and Carl B. Davis, the trustee of Cheryl's bankruptcy estate and her successor party plaintiff, contends the district court erred when it refused to award prejudgment interest. After carefully reviewing the record and considering the parties' arguments, we affirm the district court's findings regarding the legality of the additional consideration clause, but we reverse the court's denial of Davis' request for prejudgment interest and remand with directions to award Davis prejudgment interest.

FACTUAL AND PROCEDURAL BACKGROUND

Prior to his death on January 1, 2006, Dr. Harrell owned and operated an optometry practice in Great Bend, Kansas, with the assistance of his associate, Dr. Judd. Although Dr. Harrell's wife, Cheryl, provided clerical and accounting services to the practice for many years, state law prohibited her from assuming ownership of or control over the practice because she was not a licensed optometrist. Accordingly, because Dr. Harrell had begun negotiations with Dr. Judd for the purchase of one-half of his practice, Cheryl, in her capacity as administratrix of her husband's estate, offered to sell the entire practice to Dr. Judd.

The parties subsequently entered into a written purchase agreement on February 1, 2006. In the agreement, the parties acknowledged that Dr. Judd had formed Mark A. Judd, O.D., P.A., a professional association, and that he planned to assign "certain interests in the practice of Mark A. Judd, O.D. [to his professional association]." The parties further acknowledged that "Mark A. Judd, O.D., personally and Mark A. Judd,

2 O.D., P.A., shall be jointly and severally liable for fulfillment and satisfaction of all terms, provisions and conditions of th[e] agreement."

According to the purchase agreement, Dr. Judd agreed to purchase the assets of Dr. Harrell's optometry practice, free and clear of any liens, mortgages and encumbrances for $370,000. The parties recognized that the practice was worth more than $370,000, but Dr. Judd planned to pay the purchase price from "the proceeds of a loan secured by [him] from MBNA" Practice Solutions and he was adverse to the idea of acquiring debt in excess of $370,000. Consequently, at Dr. Judd's insistence, the agreement provided that "[a]s additional consideration for th[e] purchase," Dr. Judd would pay Cheryl, individually, "a percentage of gross revenues from the practice" through the year 2015 if said revenues exceeded a certain amount. The purchase agreement also granted Cheryl and her accountant the right to "inspect the records of the practice . . . pertaining to [the] determination of annual gross revenues."

Of particular importance to this appeal, the provision for additional compensation was found in paragraph 17 of the purchase agreement:

"As additional consideration for this purchase, Buyer agrees to pay to Cheryl A. Harrell, individually, a percentage of gross revenues from the practice if the same exceeds $687,500.00 from February 1, 2006 through December 31, 2006 and, $750,000.00 per calendar year commencing January 1, 2007 and ending December 31, 2015. If the practice during the stated period in 2006 has gross revenues of more than $687,500.00 then 10% of the amount in excess of $687,500.00 shall be paid to Cheryl A. Harrell during the year 2007 in twelve (12) equal monthly payments. For the years 2007 through 2015 10% of the gross revenues in excess of $750,000.00 per year shall be paid to Cheryl A. Harrell in the following year in twelve (12) equal monthly payments with such payment due and payable on or before the 10th day of each month. "The parties expressly agree that the term 'gross revenues' as mentioned and used in the immediately preceding paragraph shall include all revenues from the practice of Mark A.

3 Judd, O.D. including revenues from Mark A. Judd, O.D., P.A., associates, partners or others providing services to the practice. .... "Cheryl A. Harrell and/or her accountant . . . shall be entitled to and upon notice of not less than ten (10) days, to review and inspect the records of the practice of the Buyer pertaining to determination of annual gross revenues."

In addition, paragraph 24 of the purchase agreement, which was "prepared at the mutual request and instruction of both of the parties," provided that the agreement "shall be interpreted in accordance with equity and good conscience and not strictly against any party[, and] [i]f any portion of th[e] [a]greement should be adjudged illegal or unenforceable, the remainder of th[e] [a]greement shall continue to be enforceable."

Upon execution of the purchase agreement, Dr. Judd paid Dr. Harrell's estate $370,000, and Cheryl gave Dr. Judd a bill of sale, indicating that all right and title to the assets of Dr. Harrell's former practice had been transferred to Dr. Judd and his professional association. Then, because the practice generated gross revenues in excess of $687,500 in 2006, Dr. Judd made seven payments of $478.46 to Cheryl in 2007 by drawing her a check from his professional association's account.

After the payments were made, a consultant advised Dr. Judd that it was illegal, at least in most states, to base additional consideration for the purchase of an optometry practice on "the revenue that the practice was generating." As a result, Dr. Judd discontinued the additional consideration payments, and on August 13, 2007, Dr. Judd's attorney informed Cheryl's attorney that Dr. Judd would not be making any further payments as required under paragraph 17 of the purchase agreement. In response, Cheryl filed a lawsuit against Dr. Judd and his professional association. Relevant to this appeal, the lawsuit sought damages for breach of contract and breach of the duty of good faith.

4 After completion of discovery, Dr. Judd moved for summary judgment. The crux of his legal argument was that paragraph 17 of the purchase agreement was illegal and violated long-standing Kansas public policy because it ran afoul of the Kansas Optometry Law. Specifically, Dr.

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Davis v. Judd, Counsel Stack Legal Research, https://law.counselstack.com/opinion/davis-v-judd-kanctapp-2016.