Diorio Forest Prods.

CourtCourt of Appeals of North Carolina
DecidedJuly 19, 2016
Docket15-1210
StatusPublished

This text of Diorio Forest Prods. (Diorio Forest Prods.) is published on Counsel Stack Legal Research, covering Court of Appeals of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Diorio Forest Prods., (N.C. Ct. App. 2016).

Opinion

IN THE COURT OF APPEALS OF NORTH CAROLINA

Nos. COA15-1209, COA15-1210

Filed: 19 July 2016

Wake County, Nos. 14 CVS 6788

JOHN NEWTON, HARRY SCHATMEYER, CHERYL SCHATMEYER, JUANVELASQUEZ, ROBERT THOMPSON, KRISTI THOMPSON, DALE F. CAMARA, A.J. RICE, VIOLANE RICE, RANDALL SLAYTON, MARIE PALADINO, MARCAR ENTERPRISES, INC., MAYNARD SIKES, NANCY SIKES, BILLY BACON, BEVERLY BACON, SABINA HOULE, KENNETH COURNOYER, LAWANNA COURNOYER, GARY GROSS, ELKE GROSS, JACK DONNELLY, and JOSEPH KINTZ, on behalf of themselves and all persons similarly situated, Plaintiffs,

RICHARD B. SPOOR, Plaintiff,

v.

JOHN BARTH, JR., and JOHN BARTH, (SR.), Defendants.

Wake County, No. 14 CVS 10215

DIORIO FOREST PRODUCTS, INC., 919 MARKETING COMPANY, INC., and JAMES B. ENTERPRISES, INC., formerly EPPERSON LUMBER SALES, INC., on behalf of themselves and all entities similarly situated, Plaintiffs,

and RICHARD B. SPOOR, Plaintiff,

JOHN BARTH, JR., and JOHN BARTH (SR.), Defendants.

Appeals by Plaintiffs John Newton, et al., from Order and Judgment entered 8

June 2015 and Plaintiffs Diorio Forest Products, Inc., et al., from Order and

Judgment entered 18 June 2015 by Judge Robert T. Sumner in Wake County

Superior Court. Heard in the Court of Appeals 9 June 2016. NEWTON V. BARTH; DIORIO FOREST PRODS., INC. V. BARTH

Opinion of the Court

Barry Nakell, and Smith Moore Leatherwood LLP, by Matthew Nis Leerberg, for Plaintiffs.

Manning Fulton & Skinner, P.A., by Judson A. Welborn and J. Whitfield Gibson, for Defendant John M. Barth, Jr.

Wilson & Ratledge, PLLC, by Reginald B. Gillespie, Jr., and N. Hunter Wyche, Jr., and Foley & Lardner LLP, by Michael J. Small and David B. Goroff, for Defendant John M. Barth.

STEPHENS, Judge.

Plaintiffs John Newton, et al., and Diorio Forest Products, Inc., et al., appeal

from the trial court’s Orders and Judgments dismissing their claims against

Defendants John M. Barth, Jr. (“Junior”), and John M. Barth (“Senior”), based on

lack of subject matter jurisdiction and failure to state a claim upon which relief could

be granted. Plaintiffs argue that the trial court erred in determining they lacked

standing to assert their claims and that their claims were barred by the applicable

statutes of limitations. We agree, and we consequently reverse the trial court’s Orders

and Judgments.

Factual Background and Procedural History

This case arises from two separate class action lawsuits filed in Wake County

Superior Court alleging claims for fraud, unfair and deceptive trade practices

(“UDTP”), civil conspiracy, and punitive damages against Junior and Senior by the

customers, vendors, and suppliers of AmerLink, Ltd., a North Carolina corporation

that engaged in the business of selling materials and contracts for the construction

-2- NEWTON V. BARTH; DIORIO FOREST PRODS., INC. V. BARTH

of log homes. The Newton Plaintiffs were customers of AmerLink, and the Diorio

Plaintiffs were vendors and suppliers of AmerLink. Junior was AmerLink’s president

and CEO from 2006 to 2008. Senior is Junior’s father, and although he never held

any formal position with AmerLink, the Newton and Diorio Plaintiffs allege that

beginning in 2007 and continuing until October 2009, Junior and Senior engaged in

a fraudulent scheme to acquire control of AmerLink at a depreciated price by

falsifying financial statements and other documents, secretly infusing over $2 million

into AmerLink to prop up the corporation and conceal the falsified financial

statements, and misrepresenting AmerLink’s distressed financial condition.

The facts underlying the allegations of the Newton and Diorio Plaintiffs’

complaints were previously discussed at length in this Court’s opinion in a related

action brought against Junior and Senior by AmerLink’s founder, chairman, and

former majority shareholder, Richard B. Spoor. See Spoor v. Barth, __ N.C. App. __,

781 S.E.2d 627, disc. review and cert. denied, __ N.C. __, __ S.E.2d __ (2016). As

detailed therein, after becoming president and CEO of AmerLink in September 2006,

Junior sought to purchase Spoor’s controlling interest in the company using funds

from Senior, who inspected AmerLink’s facilities, inquired into the company’s

financial situation with its principal lender, and drafted terms for a potential

purchase agreement in 2007. Id. at __, 781 S.E.2d at 629. No agreement was reached

at that time, but Junior and Spoor eventually agreed to form a new corporation which

-3- NEWTON V. BARTH; DIORIO FOREST PRODS., INC. V. BARTH

would serve as a vehicle for Junior to purchase Spoor’s majority interest in AmerLink

using $8 million in funds from Senior in exchange for shares Spoor deposited into the

new corporation. Id. at __, 781 S.E.2d at 629-30. Spoor alleged that by January 2008,

“Junior became aware that based on his mismanagement, AmerLink was facing

financial difficulty,” and he thereafter took steps to conceal this from Spoor and others

by falsifying sales and delivery reports. Id. at __, 781 S.E.2d at 629. In June 2008,

“Junior became aware that AmerLink was insolvent and was unable to purchase

materials to fulfill its contracts,” but he nevertheless continued to falsify financial

and delivery reports, “directed AmerLink staff to encourage customers to enter into

sales agreements with AmerLink, to send deposits and additional funds to AmerLink,

and to schedule deliveries,” and infused funds in excess of $2 million to prop up the

company, with half of those funds coming from Senior. Id. In October 2008, after

Spoor discovered Junior had been falsifying reports to conceal AmerLink’s rapidly

deteriorating financial situation, Junior was removed from his position as CEO but

remained president, promised Senior would loan the corporation up to $3 million, and

directed staff to continue to tell customers that new investment funds were on the

way. Id. at __, 781 S.E.2d at 630. However, Senior provided only $300,000 in funding,

and on 15 December 2008, Spoor shut down AmerLink after learning its financial

situation was even worse than Junior had represented in October. Id. at __, 781

S.E.2d at 631.

-4- NEWTON V. BARTH; DIORIO FOREST PRODS., INC. V. BARTH

On 12 February 2009, AmerLink filed for Chapter 11 bankruptcy. Id. In the

months that followed, Junior continued to represent that additional investments of

up to $8 million would be forthcoming from Senior, and at one point forged a bank

statement to reflect that such loans had been deposited. Id. However, in August 2009,

Senior informed AmerLink’s bankruptcy attorney that he had no intention of

providing any further financing for the company. Id. Thereafter, AmerLink’s Chapter

11 bankruptcy proceeding was converted to a Chapter 7 bankruptcy proceeding, and,

on 13 May 2010, Junior pleaded guilty to felony bankruptcy fraud. Id. at __, 781

S.E.2d at 631-32. On 23 April 2011, AmerLink’s bankruptcy trustee filed an

adversary proceeding against Junior, Senior, Spoor, and other AmerLink directors

alleging claims for, inter alia, fraudulent conveyances, preferential transfers, breach

of fiduciary duties, constructive trust, unjust enrichment, and civil conspiracy. Id. at

__, 781 S.E.2d at 636. These charges were based on the trustee’s allegations that

Junior, Spoor, and other AmerLink directors

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