E.A. Miller, Inc. v. South Shore Bank

539 N.E.2d 519, 405 Mass. 95
CourtMassachusetts Supreme Judicial Court
DecidedJune 12, 1989
StatusPublished
Cited by21 cases

This text of 539 N.E.2d 519 (E.A. Miller, Inc. v. South Shore Bank) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
E.A. Miller, Inc. v. South Shore Bank, 539 N.E.2d 519, 405 Mass. 95 (Mass. 1989).

Opinion

Abrams, J.

The plaintiffs appeal from a judgment of the Superior Court dismissing the only count against the defendant South Shore Bank (bank). 3 The plaintiffs challenge the correct *96 ness of a protective order precluding discovery, and the subsequent entry of an order for summary judgment and the entry of the judgment. See Mass. R. Civ. P. 56 (b), 365 Mass. 824 (1974). The plaintiffs argue that the judge erred by not allowing the plaintiffs to pursue discovery before acting on the defendant’s motion for summary judgment. The plaintiffs assert that, without discovery of facts exclusively within the control of the bank, the plaintiffs were unable to oppose summary judgment effectively. 4 We transferred the case to this court on our own motion. We affirm.

The following facts were uncontroverted for purposes of summary judgment. E.A. Miller, Inc. (Miller), and Spencer Beef Corporation (Spencer) are both meat packers engaged in the business of processing and selling meat and meat products. Miller provided Spencer with administrative and management *97 services, including receiving and filling orders for Spencer’s products and collecting payments. From July, 1985, through October, 1986, the plaintiffs sold meat to the defendant New York Boxed Beef Corp. (Boxed Beef). It was the parties’ practice that Boxed Beef would telephone orders to the plaintiffs. The plaintiffs would advise Boxed Beef of any outstanding invoices. When Boxed Beef paid those invoices, the plaintiffs would then ship the new order to Boxed Beef.

Boxed Beef placed a telephone order with the plaintiffs on October 30, 1986, for approximately $250,000 worth of meat. The plaintiffs advised Boxed Beef of unpaid invoices. The next day they received two checks, totalling approximately $155,000, and drawn on the defendant bank, in payment of those invoices. The plaintiffs deposited those checks and released the meat for delivery.

A few days later, the plaintiffs learned from the son of Boxed Beef’s president that the defendant bank was liquidating Boxed Beef. On November 7, 1986, the plaintiffs issued a notice in conformance with the Uniform Commercial Code, G. L. c. 106, § 2-702 (2) (1986 ed.), reclaiming the meat they had delivered to Boxed Beef. On November 10, 1986, the plaintiffs learned that the bank had dishonored Boxed Beef’s checks for insufficient funds. The meat was never returned to the plaintiffs, nor did they ever receive any proceeds of its sale.

The validity of the bank’s asserted security interest in Boxed Beef’s inventory is the crux of the plaintiffs’ complaint against the bank. The bank had extended credit to Boxed Beef, and purportedly held a perfected security interest in Boxed Beef’s entire inventory and proceeds, including after-acquired inventory. The security agreement gave the bank the right to inspect Boxed Beef’s records, books, and files, and Boxed Beef was obliged to deliver all invoices, papers, and evidence of performanee of contracts to the bank. The plaintiffs argue that the security interest did not attach and is not enforceable against them because the bank did not act in good faith toward them. Thus, when the bank refused to return the plaintiffs’ reclaimed meat, the plaintiffs claim that the bank became liable for conversion.

*98 In an affidavit from Gary L. Lundberg, the Miller employee responsible for extending Spencer’s credit to Boxed Beef, the plaintiffs set forth facts that assertedly establish the bank’s bad faith. Lundberg stated that he first spoke to Mark Swartz, a bank employee, in November, 1985: “At that time Mr. Swartz represented that there was a 2 million dollar credit line available to [Boxed Beef]; that while money was tight, [Boxed Beef] paid the bank ‘every day’; that ‘things were getting better’ and that [Boxed Beef] was having a good year.”

The affidavit went on to relate that sometime later, apparently in January, 1986, 5 one of Boxed Beef’s checks was dishonored. Swartz told Lundberg “that [the bank] had made a ‘mistake’ and that there was no problem with respect to [Boxed Beef] or its finances. [Lundberg] asked if the bank would issue a Letter of Credit [but Swartz] declined to do [so] because there was no available collateral. [Swartz] explained that [Boxed Beef] was then $100,000 over its credit line. However, he went on to assure [Lundberg] that ... an investor was about to invest a ‘substantial’ amount of money in the company and that [Boxed Beef’s] cash flow would be improved significantly. [Lundberg] asked him if he felt comfortable with the way [Boxed Beef] was being run and he said that he was comfortable and that [Boxed Beef] was paying as agreed.”

The plaintiffs also submitted the affidavit of Dennis Leishman, the Miller employee responsible for extending Miller’s credit to Boxed Beef: “During a conversation with Mr. Swartz in December[,] 1985, [Leishman] was advised that [Boxed Beef] had not ‘bounced’ any checks since 1983 and that it had a 2 million dollar revolving credit line from [the bank]. Mr. Swartz advised [Leishman] that on the day of [their] conversation, [Boxed Beef] had used $1,716,000 of its credit and that its account fluctuated between $1,800,000 and $1,400,000.” Leishman and Lundberg worked together at Miller and shared information. Both Leishman and Lundberg stated *99 that they relied on the above representations of the bank in extending credit to Boxed Beef.

Lundberg’s affidavit states further that he met with the defendant Frederic Bossman in November, 1986, after Boxed Beef’s checks were dishonored and liquidation had commenced. Bossman was the president of Boxed Beef. Bossman told Lundberg at that point that Boxed Beef “was being liquidated because [the bank] ‘pulled its credit line’ .... Bossman also stated that [Boxed Beef] was ‘always’ over its credit limit, sometimes by as much as $800,000[,] and that [the bank] condoned this practice because [Boxed Beef] often wrote checks exceeding its credit limit and [the bank] inevitably honored those checks.”

The plaintiffs maintain that, through discovery, they could obtain evidence of the bank’s bad faith. They argue that discovery is essential because the bank’s good or bad faith is a matter of state of mind, and hence the evidence of it is peculiarly within the bank’s possession. See Catalina Yachts v. Old Colony Bank & Trust Co., 497 F. Supp. 1227 (D. Mass. 1980). They assert that a showing of the bank’s bad faith toward the plaintiffs would negate the bank’s perfected security interest in the goods the plaintiffs sold to Boxed Beef, or the proceeds thereof. See Matter of Samuels & Co., 526 F.2d 1238, 1243 (5th Cir.), cert, denied sub nom. Stowers v. Mahon, 429 U.S. 834 (1976); Limor Diamonds, Inc. v. D’Oro by Christopher Michael, Inc., 558 F. Supp. 709 (S.D.N.Y 1983). 6

We must determine whether the Superior Court judge 7

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Bluebook (online)
539 N.E.2d 519, 405 Mass. 95, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ea-miller-inc-v-south-shore-bank-mass-1989.