FRESH MIX LLC

CourtUnited States Bankruptcy Court, D. Nevada
DecidedMarch 22, 2023
Docket20-12051
StatusUnknown

This text of FRESH MIX LLC (FRESH MIX LLC) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
FRESH MIX LLC, (Nev. 2023).

Opinion

| 4 Ft OS □ 4 Honorable Gary Spraker ote United States Bankruptcy Judge \QX “hes, Saray 4 Entered on Docket March 22, 2023 5 6 UNITED STATES BANKRUPTCY COURT 7 DISTRICT OF NEVADA 8 TK OOK OK OK OK OK g || Inte: ) ) Case No.: 20-1205 1-gs 10 || FRESH MIX LLC, Chapter 7 11 Debtor. Closing Argument: November 22, 2022 D ) Hearing Time: 9:30 a.m. 13 MEMORANDUM DECISION ON OBJECTION TO PROOF OF CLAIM NO. 7 14 5 Before the court is the objection (Objection) of petitioning creditor Get Fresh Sales, Inc.

16 || (GFSD to proof of claim no. 7 (Claim 7) filed by EITE Recovery, LLC (EITE) (ECF No. 442, 17 || replaced at ECF No. 769). The parties’ claim dispute is another chapter in an ongoing battle 18 |) between GFSI, the majority owner of the debtor, on the one hand, and Paul Lagudi and William 19 Todd Ponder, as the debtor’s minority owners, on the other. For the reasons set forth below, the 20 court will enter an order disallowing Claim 7. 2 Background 23 A. Fresh Mix and its Operations 24 GFSI is a produce distribution company that has been operating since 1990 in the 25 southwestern region of the United States. Paul Lagudi and William Todd Ponder started their 26 97 produce company, Lagudi Enterprises, LLC, in 2001 to supply value-added produce. Lagudi 28 || Enterprises would chop or cut produce for resale in individual packages, mixes and blends. Trial

Transcript, ECF No. 846, at p. 17:19-25. While the businesses of GFSI and Lagudi Enterprises 1 2 did not completely overlap, they were competitors. Trial Transcript, ECF No. 844, at pp. 220:24- 3 221:4. 4 In 2010, GFSI purchased Lagudi Enterprises. After the purchase, the parties formed a 5 new company, Fresh Mix LLC (Fresh Mix). GFSI describes Fresh Mix as primarily “a marketing 6 entity, reliant on Get Fresh’s infrastructure.” ECF No. 825 at p. 2:5-6. The owners (Members) of 7 8 Fresh Mix consisted of GFSI, Lagudi, and Ponder. GFSI owned 60% of the membership 9 interests. Lagudi owned 30% of Fresh Mix, while Ponder owned the remaining 10%. See Trial 10 Exhibit 22, ECF No. 830-22, at p. 42. The limited liability agreement (LLC Agreement) for 11 Fresh Mix described the purpose of the new business as “to engage in the business of distributing 12 13 food products of every kind and nature….” Id. at p. 8, ¶ 2.4. The LLC Agreement further stated 14 that GFSI would: “provide [Fresh Mix] with such operational and administrative support as 15 reasonably necessary in order for [Fresh Mix] to conduct the business comprising the Purchased 16 Assets contributed by [GFSI] and [Lagudi and Ponder] to Fresh Mix….” Id. at pp. 15-16, 17 ¶ 5.4(c). 18 19 The LLC Agreement also provided that the board of managers would consist of three 20 GFSI managers and two managers appointed by Lagudi and Ponder, though Lagudi and Ponder 21 were to serve as managers so long as they were members of Fresh Mix. Id. at p. 14, ¶ 5.2(a) and 22 (b). Scott Goldberg, Dominic Caldara and John Wise signed the LLC Agreement as the three 23 GFSI Managers. Id. at p. 63. In addition to being a member and manager of Fresh Mix, Lagudi 24 25 also served as its president. See Trial Exhibit 16, ECF No. 830-16. Goldberg served as Chief 26 Financial Officer for GFSI and Fresh Mix. See Trial Transcript, ECF No. 844, at p. 152:20-24. 27 // 28 The exact nature of Fresh Mix’s business is ill-defined. The best description was offered 1 2 by GFSI: 3 Fresh Mix was formed as an “asset-light” marketing entity, reliant on Get Fresh’s infrastructure. That is, Fresh Mix, through the marketing activities of the 4 Minority, would generate retail grocery and restaurant accounts, and Get Fresh 5 would provide the goods, services, administrative overhead and related operational expertise needed to service those accounts. 6 ECF No. 825, at p. 7:9-13. Accordingly, Fresh Mix actually did little on its own. Rather, it 7 8 sought out and acquired accounts for cut produce. Pursuant to the LLC Agreement, GFSI would 9 purchase and obtain the product, cut and package the produce, then distribute the finished 10 product for Fresh Mix accounts together with its own. With a single exception, the packaging on 11 the product would identify it as “Distributed by Get Fresh Companies” regardless of whether the 12 item was being sold on a Fresh Mix or GFSI account.1 13 14 The logistics undertaken by the companies to sell their products were extensive. The 15 companies would assess whether a potential new product could be produced, what price it had to 16 be sold at, and whether it could be delivered to a customer during the time frame that customer 17 wanted it, among other issues. Trial Transcript, ECF No. 844 at pp. 235:19-237:23. The addition 18 of new products or new customers required the completion of multiple forms. Id. at pp. 235:22- 19 20 236:17. One of the forms included a box that, if checked, would designate that the item sold was 21 a Fresh Mix item. Id. at pp. 237:24-238:3. Accordingly, at the time a new item or client was 22 entered into the companies’ system, it was coded as belonging to Fresh Mix or GFSI. Subsequent 23 sales were tracked and reported according to that internal coding. Id. at pp. 238:7-12; 262:3-19. 24 25 // 26 27 1 The only product sold under the Fresh Mix name was a cheesecake sold to Trader Joe’s. 28 Trial Transcript, ECF No. 846 at p. 47:24-17. The companies maintained a list that reflected which items and customers belonged to GFSI and 1 2 which to Fresh Mix. Id. at pp. 241:17-242:2. 3 It is not exactly clear how Fresh Mix accounts placed their orders - whether they went 4 through Fresh Mix or GFSI. It is clear, however, that GFSI created and delivered the products. 5 The packaging for each product stated that they were distributed by GFSI. And it was GFSI that 6 invoiced the customers, including accounts belonging to Fresh Mix. Ultimately, GFSI billed the 7 8 Fresh Mix accounts and collected the receivables on Fresh Mix accounts. Trial Transcript, ECF 9 No. 846 at pp. 231:7-232:3. All receivables remained on GFSI’s invoices regardless of the 10 company that sold the product. The payments were made payable to GFSI alone. 11 Because GFSI was responsible for all collections, Fresh Mix’s financials would reflect 12 13 amounts due from GFSI for any amounts owed on Fresh Mix accounts. Id. at pp. 234:18-235:9. 14 GFSI collected data daily for sales on both Fresh Mix and its own accounts. It would then 15 allocate the revenue to Fresh Mix under a daily compilation. Id. at pp. 227:8-17; 229:3-9. GFSI’s 16 accounting department provided the daily compilations to Fresh Mix. GFSI would then run a 17 monthly report reflecting what monies were allocated to Fresh Mix on a daily basis. Id. at pp. 18 19 233:24-234:3. GFSI then attributed the costs and expenses associated with the revenue on the 20 GFSI or Fresh Mix accounts respectively. Trial Transcript, ECF No. 846 at p. 226:18-22. As 21 shown in Trial Exhibit 173, GFSI’s monthly margin analysis would compute the daily sales and 22 costs to calculate a daily gross and net profit. The report would further break down the sale, costs 23 and gross profit by customer. GFSI included the commissions due to LC Marketing and other 24 25 brokers where applicable on Fresh Mix accounts. See Trial Exhibit 173. 26 // 27

28 B. LC Marketing 1 2 1. The 2014 Agreement 3 Fresh Mix used brokers to acquire and expand its accounts and customers. Lagudi sought 4 out LC Marketing Corp. (LC Marketing), a California food broker with whom Lagudi had an 5 established relationship, to obtain additional Fresh Mix accounts. On February 28, 2014, GFSI, 6 not Fresh Mix, entered into an Agreement of Sales Representation (2014 Agreement) with LC 7 8 Marketing. See Trial Exhibit 137, ECF No. 830-137. The 2014 Agreement was drafted by LC 9 Marketing and signed by Elizabeth Cohen-Dideriksen (Cohen) as president of LC Marketing. Id. 10 Goldberg signed the agreement for GFSI as CFO.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

United States v. Errol William Sloley
19 F.3d 149 (Fourth Circuit, 1994)
Smith v. Recrion Corporation
541 P.2d 663 (Nevada Supreme Court, 1975)
Roberts v. Hummel
243 P.2d 248 (Nevada Supreme Court, 1952)
Leasepartners Corp. v. Robert L. Brooks Trust
942 P.2d 182 (Nevada Supreme Court, 1997)
Matter of Cerny
17 B.R. 221 (N.D. Ohio, 1982)
Thompson v. Herrmann
530 P.2d 1183 (Nevada Supreme Court, 1975)
Nevada Commission on Ethics v. JMA/Lucchesi
866 P.2d 297 (Nevada Supreme Court, 1994)
Unionamerica Mortgage & Equity Trust v. McDonald
626 P.2d 1272 (Nevada Supreme Court, 1981)
Wilson v. Wilson
45 P. 1009 (Nevada Supreme Court, 1896)
Realty Holdings, Inc. v. Nevada Equities, Inc.
633 P.2d 1222 (Nevada Supreme Court, 1981)
Grappo v. Mauch
887 P.2d 740 (Nevada Supreme Court, 1994)

Cite This Page — Counsel Stack

Bluebook (online)
FRESH MIX LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fresh-mix-llc-nvb-2023.