In re Ballato

183 B.R. 955, 9 Fla. L. Weekly Fed. B 52, 1995 Bankr. LEXIS 920, 1995 WL 407802
CourtUnited States Bankruptcy Court, M.D. Florida
DecidedApril 7, 1995
DocketBankruptcy No. 89-7338 8P7
StatusPublished
Cited by1 cases

This text of 183 B.R. 955 (In re Ballato) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, M.D. Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Ballato, 183 B.R. 955, 9 Fla. L. Weekly Fed. B 52, 1995 Bankr. LEXIS 920, 1995 WL 407802 (Fla. 1995).

Opinion

ORDER ON MOTION FOR SANCTIONS

ALEXANDER L. PASKAY, Chief Judge.

THIS is a Chapter 7 case and the matter under consideration is a Motion for Sanctions filed by Claire Ballato and Anthony T. Balla-to (Claimants). In their Motion, the Claimants seek the imposition of sanctions against the Debtor, Anthony J. Ballato, (Debtor), pursuant to F.R.B.P. 9011. The Claimants essentially assert that the Debtor violated F.R.B.P. 9011 by filing repeated Motions challenging a compromise entered into between the Chapter 7 Trustee and the Claimants. Claimants contend that these repeated challenges were without merit and that the Debtor continued to assert his objections long after the matter had been considered and decided by the Court. In response, the Debtor contends that his actions were necessary in order to preserve the assets of the Chapter 7 estate.

The relevant portion of the record reveals that the Debtor filed his voluntary Petition under Chapter 13 on October 11, 1989. While the Chapter 13 case was pending, Claimant Claire Ballato, the former wife of the Debtor, filed a Proof of Claim in the case (Claim #3) in the amount of $1,979,232.00. This Claim was based on a judgment granted in her favor in 1974 for alimony and child support, and damages on various contract and tort claims. Claimant Anthony T. Balla-to, the son of the Debtor, filed two proofs of claim in the case. Claim # 4 was filed in the amount of $2,000,000.00, and Claim No. 5 was filed in an unliquidated amount. Both claims were also based upon various contract and tort claims. The Chapter 13 case subsequently converted to a Chapter 11. While the Chapter 11 case was pending, the Debtor filed adversary proceedings styled as follows:

(1) Anthony J. Ballato v. Chimeinet Finance Limited, Anthony Ballato, Jr. and Claire Ballato — Adv. No. 90-134;
(2) Anthony J. Ballato v. Claire Ballato, Anthony T. Ballato and Peter Panaro— Adv. No. 90-318;
(3) Anthony J. Ballato v. Marvin Rosen-thal and Anthony T. Ballato — Adv. No. 90-335.

Litigation among the parties was also pending in State Court in New York.

On March 26, 1991, the Chapter 11 case was converted to a Chapter 7 case and Terry Smith (Smith) was appointed as the Chapter 7 Trustee. Smith was duly substituted as the Plaintiff in the adversary proceedings described above. On December 11, 1991, Smith filed his Amended Motion to Compromise Controversy with Claimants Claire Bal-lato and Anthony T. Ballato. Pursuant to the terms of the proposed compromise: (1) Claimants would pay the estate the sum of $7,500.00; (2) Claimants would withdraw their claims and assert no further claims against the Chapter 7 estate; and (3) the Trustee would release any claims that he had against the Claimants. The Compromise apparently was intended to resolve all pending issues between the Trustee and the Claimants. On January 3,1991, the Debtor filed a written objection to the Trustee’s Amended Motion to Compromise. Although this Objection is fairly extensive, the Debtor essentially alleged that the Claimants’ claims were [957]*957fraudulent or otherwise invalid, that the Debtor in fact had substantial claims against the Claimants, and that the Compromise therefore was not in the best interest of the estate because it forfeits a valuable right in exchange for a relatively minimal sum.

On March 13, 1992, the Court entered an Order Granting the Trustee’s Amended Motion and Approving the Compromise (the Order). On the same date, the Court also entered a separate Order Overruling the Debtor’s Objection to the Compromise.

Subsequent to the entry of the Order, the Debtor has filed at least the following written challenges to the compromise:

(1) Motion for Rehearing or Reconsideration of the Order, which was denied ex parte by an Order entered on June 10, 1992.
(2) Objection dated November 23, 1992, to the Motion for Approval of the Stipulation of Settlement between Smith and the Claimants. The Motion to Approve the Stipulation apparently was filed to effectuate the consummation of the compromise and was approved on April 14, 1993.
(3) Motion for Relief from Order Granting Amended Motion to Compromise Controversy filed on December 14, 1992, nine months after the Order was entered. This Motion is based on the allegation that the Claimants’ claims were fraudulent and that the fraud was not disclosed to the Court before the compromise was approved.
(4) Amended Motion for Relief from Order Granting Amended Motion to Compromise Controversy filed on December 23, 1992. This Motion was denied on January 26, 1993.
(5) Notice of Appeal from the Order Denying the Amended Motion for Relief from Order, filed on February 4, 1993. This appeal was later dismissed for lack of prosecution.
(6) Debtor’s Motion for Temporary Stay on Delivery of Deed to Claire Ballato Pending Hearing to Annul Stipulation Settlement filed on March 11, 1994. This Motion essentially requests that consummation of the compromise be stayed until the Debtor has an opportunity to prove that the Claimants’ claims are the product of fraud and conspiracy. The Motion was denied on March 21, 1994, without prejudice to the Debtor’s right to file an adversary proceeding.
(7) Debtor’s Motion for Relief from Judgment or Order and to Annul or Dismiss Stipulation of Settlement and Agreement between Terry Smith, Trustee and Claire Ballato and Anthony T. Ballato and to Dismiss Claims Numbered 3, 4 and 5 of Claire Ballato and Anthony T. Ballato filed on March 28, 1994. The focus of his Motion again is that the Claimants’ claims are fraudulent or otherwise invalid. The Motion was denied on April 6, 1994.
(8) Debtor’s Motion to Reconsider and Annul Order Granting Amended Motion to Compromise filed on September 12, 1994, 18 months after the Order was entered. This Motion seeks relief from the Order approving the compromise on the grounds of “fraud, misrepresentation or other misconduct” of the Claimants. The Motion was denied on October 31, 1994.

It should be noted that all of the pleadings described above were signed by the Debtor in his own behalf, even though he had an attorney of record who also periodically filed papers on his behalf challenging the Trustee’s compromise with the Claimants. On October 7, 1993, for example, a Motion to Correct Order and Stay the Conveyance of Deed to Claire Ballato was signed and filed by Donald J. Shutz, Esq. as attorney for the Debtor. An Amended Motion was filed on October 25,1993. These Motions mirrored a similar Motion signed by the Debtor, individually, and filed on September 16, 1993. The Motions were denied on December 22, 1993.

Finally, it should be noted that the pleadings described above represent only the direct attacks on the Compromise that have been asserted by the Debtor. The Claimants assert that other indirect attacks have also been made in the form of challenges to the impartiality of the Chapter 7 Trustee and the Bankruptcy Judge who had presided over the case. These challenges include:

(1) Motion for Sanctions and Removal of Trustee filed on December 14, 1992;

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Bluebook (online)
183 B.R. 955, 9 Fla. L. Weekly Fed. B 52, 1995 Bankr. LEXIS 920, 1995 WL 407802, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-ballato-flmb-1995.