HiTex, LLC v. Vorel

District Court, W.D. Oklahoma·Decided June 13, 2025·No. 5:21-cv-01125·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF OKLAHOMA

HI-TEX, LLC, ) ) Plaintiff, ) ) v. ) Case No. CIV-21-1125-D ) PAUL M. VOREL, et al., ) ) Defendants. )

ORDER Before the Court are the following cross-motions for summary judgment: (1) Defendants John Ernest Light, Tina S. Light, and Investors Services Inc.’s Motion for Summary Judgment With Brief in Support [Doc. No. 88]; and (2) Plaintiff’s Motion for Partial Summary Judgment [Doc. No. 90].1 Plaintiff filed a Response [Doc. No. 99] to the Light Defendants’ Motion, and the Light Defendants filed a Reply [Doc. No. 103]. The Light Defendants filed a Response [Doc. No. 102] to Plaintiff’s Motion, and Plaintiff filed a Reply [Doc. No. 105]. The Motions are fully briefed and at issue. BACKGROUND AND UNDISPUTED MATERIAL FACTS2 This case concerns the alleged misappropriation and conversion of funds from two New Mexico-based lending businesses: Cashco, Inc. (Cashco) and Budget Payday Loans,

1 John Ernest Light, Tina S. Light, and Investors Services, Inc. (ISI) are the only defendants that filed, or responded to, the instant motions. Paul M. Vorel and Accounting for Edmond, LLC did not. Therefore, for ease of reference, the Court refers to John Ernest Light, Tina S. Light, and Investors Services, Inc. as the “Light Defendants.” 2 This statement includes material facts that are supported by the record and not opposed in the manner required by Fed. R. Civ. P. 56(c)(1) and LCvR56.1(d). All facts properly presented L.P. (Budget). During all times relevant to this case, Budget and Cashco operated small loan businesses in and around Albuquerque, New Mexico. Randall C. Roche, Michael

Harada, William Montelongo, and Joey Tsuchiyama (who is the surviving spouse of Ronald Tsuchiyama) (collectively, the “Owners”) own Cashco and Budget. The Owners also own Plaintiff Hi-Tex, LLC, the entity to which they assigned the claims asserted in this case. During the discovery phase of this case, the Light Defendants each served discovery requests on Plaintiff. As part of those requests, each of the Light Defendants asked Plaintiff to admit that it did not have a contract with the respective individual or entity. Pl.’s Resp.

to E. Light First Disc. Req. [Doc. No. 88-2] at 10; Pl.’s Resp. to T. Light First Disc. Req. [Doc. No. 88-4] at 11; Pl.’s Resp. to ISI First Disc. Req. [Doc. No. 88-6] at 3.3 In each instance, Plaintiff admitted that no contract existed. Id. Instead, Defendant Accounting for Edmond, LLC (AFE) was responsible for conducting certain transactions for the benefit of Cashco’s and Budget’s respective stores.

During the time period relevant to this case, AFE4 provided various bookkeeping and accounting services to Budget and Cashco for a monthly “management fee.” Compl.

by a party and not specifically controverted by an opponent are deemed admitted, pursuant to Fed. R. Civ. P. 56(e)(2) and LCvR56.1(e). 3 Citations to the parties’ filings reference the Court’s CM/ECF pagination at the top of each page. 4 The Court recently entered default judgment as to liability against AFE. The procedural and factual history leading to that default judgment can be found in the Court’s April 4, 2025 order [Doc. No. 110]. [Doc. No. 1], ¶¶ 16-17.5 Defendant Paul Vorel owned 51% of AFE, and Ms. Light owned 49%. AFE 2022 Tax Form [Doc. No. 91-6] at 26. AFE was authorized to access Budget’s

and Cashco’s stores’ respective bank accounts so that it could perform various accounting and bookkeeping services. Compl., ¶¶ 14, 23. Although AFE was authorized to access the accounts and make withdrawals, AFE did not keep these funds in its own bank account. Instead, AFE routed these funds into a bank account belonging to ISI. ISI Disc. Resp. [Doc. No. 90-2] at 5-6. ISI—which is owned exclusively by Mr. Light—was presented as a “pass through” entity, meaning its intended use was to receive and distribute the funds designated

as profit distributions. Id. at 39; E. Light Depo. [Doc. No. 90-30], 202:19-21. Throughout the business relationship, AFE continued to withdraw and keep Budget’s and Cashco’s money in ISI’s accounts. But according to Plaintiff, AFE and ISI did not distribute to the Owners all of the money withdrawn and kept in the ISI accounts.6 Instead, Plaintiff alleges, when the business relationship between AFE and Budget and

Cashco ended in late 2016, neither AFE nor ISI distributed the remaining funds to the Owners. On numerous occasions before the filing of this case, the Owners demanded the release of the remaining funds. One of these demands is of particular importance here. On

5 Although allegations in the Complaint are not, on their own, evidence for purposes of summary judgment, the Light Defendants do not dispute the allegations. Therefore, the Court treats the allegations, as set forth in Plaintiff’s Motion, as undisputed facts under Rule 56(e). 6 As detailed below, the Court does not reach the merits of Plaintiff’s non-contract claims, as it finds those claims to be time-barred or, alternatively, brought pursuant to an improper assignment. Therefore, the information regarding the improper retention of Cashco’s and Budget’s funds is not material to the Court’s analysis. Rather, it is provided for contextual purposes to understand the events leading to this point. June 18, 2019, D. Todd Riddles, ISI’s attorney at the time (and counsel of record for the Light Defendants in this case), sent Cashco’s bankruptcy attorney, George D. Giddens, a

letter via regular and electronic mail. 6/18/2019 Letter [Doc. No. 88-1]. In the letter, Mr. Riddles informs Mr. Giddens that ISI is in possession of $142,500.00 belonging to Cashco. Id. Mr. Riddles further relayed his belief that, because Cashco had filed Chapter 7 bankruptcy, the proper course of action was to deliver the funds to the bankruptcy trustee. Id. On July 2, 2019, Plaintiff’s then-counsel, Stephen P. Curtis, sent a response letter to

Mr. Riddles. 7/2/2019 Letter [Doc. No. 90-12]. In his response, Mr. Curtis states that his firm has been representing Plaintiff “in connection with civil litigation in New Mexico and in connection with the Cashco and Budget Chapter 7 cases.” Id. After stating that he spoke with Randy Roche (one of the Owners of Cashco and Budget) about the $142,500.00, Mr. Curtis emphasizes that ISI “never had authority to withhold these funds and should have

distributed them to the shareholders when the funds were disbursed by Cashco.” Id. Mr. Curtis goes on to say that, in his view, it seems “fairly clear that Vorel’s holding of these funds amounts to embezzlement . . . .” Id. STANDARD OF DECISION Summary judgment is proper “if the movant shows that there is no genuine dispute

as to any material fact and the movant is entitled to judgment as a matter of law.” Fed. R. Civ. P. 56(a). A material fact is one that “might affect the outcome of the suit under the governing law.” Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248 (1986). A dispute is genuine if the facts and evidence are such that a reasonable jury could return a verdict for the non-moving party. Id. All facts and reasonable inferences must be viewed in the light most favorable to the non-movant. Id. at 255.

A movant bears the initial burden of demonstrating the absence of a dispute of material fact warranting summary judgment. See Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986).

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