Fairway Independent Mortgage Corporation as Plan Administrator for the Fairway Independent Mortgage Corporation Medical Plan v. Eric Jungnickel, Eric Jungnickel, as Trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022

CourtDistrict Court, N.D. Illinois
DecidedFebruary 25, 2026
Docket1:23-cv-05139
StatusUnknown

This text of Fairway Independent Mortgage Corporation as Plan Administrator for the Fairway Independent Mortgage Corporation Medical Plan v. Eric Jungnickel, Eric Jungnickel, as Trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022 (Fairway Independent Mortgage Corporation as Plan Administrator for the Fairway Independent Mortgage Corporation Medical Plan v. Eric Jungnickel, Eric Jungnickel, as Trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022) is published on Counsel Stack Legal Research, covering District Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Fairway Independent Mortgage Corporation as Plan Administrator for the Fairway Independent Mortgage Corporation Medical Plan v. Eric Jungnickel, Eric Jungnickel, as Trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022, (N.D. Ill. 2026).

Opinion

UNITED STATES DISTRICT COURT FORTHENORTHERN DISTRICT OFILLINOIS, EASTERN DIVISION

FAIRWAY INDEPENDENT MORTGAGE ) CORPORATION as PlanAdministratorfor the ) FAIRWAY INDEPENDENT MORTGAGE ) CORPORATION MEDICAL PLAN, ) ) Plaintiff, ) ) Case#23-CV-5139 v. ) ) ERICJUNGNICKEL, ERICJUNGNICKEL, AS ) TRUSTEEOF THEERICJUNGNICKEL TRUST ) AGREEMENT DATED SEPTEMBER20,2022, ) ) Defendants. ) ) PLAINTIFF’S MOTIONFORJUDGMENT AGAINST ERIC JUNGNICKEL, PERSONALLY, AND ERIC JUNGNICKEL, AS TRUSTEE OFTHEERIC JUNGNICKEL TRUST AGREEMENT DATED SEPTEMBER20,2022 NOW COMES the Plaintiff, Fairway Independent Mortgage Corporation as plan administrator for The Fairway Independent Mortgage Corporation Medical Plan, by and through its attorneys Kolb Clare & Arnold PC, and moves this Court for an order of judgment against Eric Jungnickel, personally, and Eric Jungnickel, as trustee of The Eric Jungnickel Trust Agreement Dated September 20, 2022 (collectively “Jungnickel”), pursuant to F.R.C.P. 12(c) and55(b)(2). In supportof saidmotion,Plaintiffstatesas follows: 1. Plaintiff filed this action for equitable relief pursuant to 29 U.S.C. § 1132(a)(3) to remedy violations of the subject ERISA plan terms by Jungnickel. The First Amended Complaint sought such relief which included declaratory relief, injunctive relief, constructive trust, equitable lien, and equitable surcharge. ( A copy of the First Amended Complaint was filed under Docket #13) Such relief was requested, as material here, against Eric Jungnickel, individually, and Eric Jungnickel as trustee of The Eric Jungnickel Trust AgreementDatedSeptember20,2022. 2. The applicable terms of the subject Erisa plan were included in the First Amended Complaintatparagraph#9atDocket#13,andatExhibitA of Docket#13. 3. As stated at paragraph #12 of the First Amended Complaint, in 2020, Eric Jungnickel sustainedinjuriesduetothenegligenceof aliablethirdparty(s).

4. As stated at paragraph #13 of the First Amended Complaint, Plaintiff paid medical expenses of approximately $178,750.85 on behalf of Jungnickel for treatment of injuries hesustainedas aresultof thenegligentthirdparty’s acts/omissions. 5. As stated at paragraph #14 of the First Amendment complaint, Plaintiff paid the benefits reference in the paragraph above, and Jungnickel accepted them under the condition that he reimburse the Plan to the extent of benefits paid, from the specific funds or res he obtained from liable third parties. Such was not merely a promise to pay the value of medical expenses; it was a promise to pay over specific settlement funds or recovery obtainedbyJungnickel. 6. As stated at paragraph #15 of the First Amended Complaint, Jungnickel made a recovery of $900,000 pursuant to a personal injury lawsuit he pursued against the negligent third parties who caused his injuries. At all times relevant and as stated at paragraph #16 of the First Amended Complaint, Jungnickel was on notice of the Plaintiff’s reimbursement interestandlienonthosespecificfunds. 7. As stated at paragraph #17 of the First Amended Complaint, the recovery of those funds

on the personal injury settlement were considered plan assets and were to be held in trust for the benefit of the plaintiff. As such, Jungnickel held a fiduciary obligation to the plan to hold the specific res of the recovery and trust until the Plan’s interest in it was satisfied fromthatres. 8. On repeated occasions, Jungnickel admitted to this court orally in open court that the Plaintiff did in fact pay $178,750.85 in accident-related medical expenses on behalf of Jungnickel and that he owed reimbursement to the Plaintiff from the personal injury settlementfunds herecovered. 9. Jungnickel admitted in open court and the Court made an express finding that Jungnickel

used $334,252.50 of the personal injury lawsuit settlement funds he received to pay off the indebtedness on his then home located at 923 Heathrow Lane, Naperville, Illinois. (See Docket #89, paragraph 4) He also used $43,102.06 the personal injury settlement proceeds to purchase, free and clear of indebtedness, a white 2020 Dodge Ram truck, VIN #3C6MR5AJ5LG117933. Id.,alsocitingDocket#61 10.On March 21,2024, after hearing the parties’ positions, this Court entered a preliminary injunction restraining Jungnickel, individually and as trustee of the Trust, from selling, transferring, or encumbering the realty and improvements on the Heathrow Lane property untilfurtherorderof theCourt.(Docket#33,seealsoDocket#89) 11.Jungnickel admitted to this Court that he received a copy of that injunction order and was awareof itscontentsas of March21,2024.(SeeDocket#89,paragraph7) 12.Jungnickel has also admitted to the Court that on or about November 12, 2024, he sold the Heathrow Lane property without leave of court or notice to any other party. The court has previously found that the proceeds of that sale received by Eric Jungnickel, individually and as trustee of the Trust, were $402,500.00. (Docket #89, paragraphs

10-12) 13.Rather than pay his obligation to Plaintiff, Jungnickel admitted he used of the proceeds of the sale of his home on Heathrow Lane to purchase another residence located at 15500 E 85th St. N, Benton, Kansas 67017. He was not incompetent by any measure and was able to sell and buy property, and he presented himself in court fully articulate. Further, he did notdenythatheunderstoodhisobligations.(Docket#89) 14.An admission "at oral argument is a binding judicial admission, the same as any other formal concession made during the course of proceedings." McCaskill v. SCI Mgmt. Corp.,298F.3d 677,680(7thCir.2002)

15.The Court found Jungnickel in contempt of an order of this Court on May 7, 2025, in which the Court made express findings which included, but were not limited to the following. (1)Jungnickel, individually and as trustee of the Trust, knowingly and intentionally failed to comply with the portion of the preliminary injunction order requiring him to deposit into the registry of the court the amount of at least $178,750.85 from his personal injury settlement proceeds, wherever located. (2) He individually and as trustee of the Trust, knowingly and willfully used proceeds from the sale of the Heathrow Lane property for purposes other than paying his obligation to Plaintiff. (3) The residence located at 15500 E 85th St. N, Benton, Kansas 67017 and the 2020 Dodge Ram truck were purchased with proceeds of the personal injury settlement and are property upon which Plaintiff holds a lien. (4) Such lien attaches to the residence located at 15500 E 85th St. N, Benton, Kansas 67017, the aforementioned Dodge Ram truck, and anyremainingproceeds,whereverfound. 16.The court also imposed a constructive trust on the aforementioned properties in favor of thePlaintiff.(Docket#89,pp.3-4) 17. A default order was entered against Eric Jungnickel, individually and as trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022, on January 29, 2024. (See Docket#20) 18.The basic effect of an entry of default is that the well-pleaded allegations of a complaint relating to liability are taken as true and cannot be contested. VLM Food Trading Int'l, Inc.v.Ill.Trading Co.,811F.3d 247,255(7thCir.2016) 19.Jungnickel previously paid only $17,500.00 towards the reimbursement obligation he

owes to Plaintiff. Jungnickel’s attorneys have paid $50,000.00 towards this obligation, leavingaprincipalamountdueof $111,250.82. 20.Because the allegations of the First Amended Complaint are taken as true by rule, and because Jungnickel has admitted the material allegations in open court, and because the Court has already made express findings in its contempt and injunction orders entered previously,judgmentinfavorof Plaintiffisappropriate.

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Fairway Independent Mortgage Corporation as Plan Administrator for the Fairway Independent Mortgage Corporation Medical Plan v. Eric Jungnickel, Eric Jungnickel, as Trustee of the Eric Jungnickel Trust Agreement Dated September 20, 2022, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fairway-independent-mortgage-corporation-as-plan-administrator-for-the-ilnd-2026.