In re: Fernando Lopez Llanos

CourtUnited States Bankruptcy Court, D. Puerto Rico
DecidedDecember 14, 2017
Docket16-07981
StatusUnknown

This text of In re: Fernando Lopez Llanos (In re: Fernando Lopez Llanos) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Puerto Rico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Fernando Lopez Llanos, (prb 2017).

Opinion

| IN THE UNITED STATES BANKRUPTCY COURT 2 FOR THE DISTRICT OF PUERTO RICO 3 || IN RE: CASE NO. 16-07981 (ESL) 4 |) FERNANDO LOPEZ LLANOS CHAPTER 13 Debtor 6 7 OPINION AND ORDER 8 This case is before the court upon the Motion to Dismiss for Cause Under Section 1307(c)

_ 9 the Bankruptcy Code with a two (2) year bar to refile (the “Motion to Dismiss”, Docket No. 10 filed by Toyota Motor Corporation and Toyota Motor Sales, U.S.A., Inc. (collectively, 11 “Toyota”) alleging bad faith and concealment of assets. Also before the court is the Request for 12 || Dismissal Pursuant to 11 U.S.C. $1307(c)(1) and joining Toyota’s request for a two (2) year bar 13 || to refile (Docket No. 52) filed by the Puerto Rico Housing Finance Authority (“PR Housing”) 14 alleging unreasonable delay in presenting a complete, organized and confirmable plan that is 15 |] prejudicial to creditors. The Court held a hearing on December 5, 2017 to consider, inter alia, 16 |}the Motions to Dismiss filed by Toyota and PR Housing. After considering the parties’ 17 || arguments, for the reasons stated below, the Motions to Dismiss filed by Toyota and PR Housing 18 |} are hereby granted with a two (2) year bar to re-file. 19 Procedural and Factual Background 20 On February 5, 2008, the Debtor filed a Chapter 13 bankruptcy petition in Case No. 08- 21 00659 (the “First Petition”). On December 23, 2008, the First Petition was dismissed for failure 22 make the payments under the plan. See Case No. 08-00659 Docket Nos. 23 and 25. 23 On June 29, 2009, the Debtor filed a second Chapter 13 bankruptcy petition (the “Second 24 |} Petition”, Case No. 09-05245 Docket No. 1). On November 17, 2009, the Second Petition was 25 || dismissed for failure to make payments under the plan. See Case No. 09-05245 Docket Nos. 23, 26 || 24 and 28. 27

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1 On January 30, 2013, the Debtor filed a Complaint against Toyota with the U.S. District 2 || Court for the District of Puerto Rico. See Civ, Case No. 13-01067-DRD Docket No. 1. This case 3 || was subsequently transferred to the U.S. District Court for the Central District of California 4 || (Southern Division - Santa Ana) by the Judicial Panel on Multidistrict Litigation, Civ. Case No. 5 13- 00916-IVS (C.D. Cal.) (the “Civil Case”). See Docket No. 143-1. 6 On or about July 13, 2016, the Debtor and Toyota reached a Confidential Settlement 7 || Agreement (the “Settlement Agreement”) pursuant to which on or about September 7, 2016, 8 || Toyota paid certain settlement funds to the Debtor by check (the “Settlement Proceeds”). See 9 || Docket No. 143-2, pp. 1-2. Pursuant to the Settlement Agreement, the Debtor also agreed to 10 || deliver clear title of a Toyota vehicle (the “Vehicle’’) to Toyota’s counsel within 10 days from the 11 execution of such document to facilitate its destruction. See Docket No. 143-2, p. 2. 12 On September 16, 2016, the U.S. District Court for the Central District of California 13 |} entered an Order granting the stipulation between the Debtor and Toyota and dismissed the Civil 14 |}Case. See Docket No. 143-3. The Court in the Civil Case retained jurisdiction for 90 days to 15 |} enforce the Settlement Agreement. Id. at 2. 16 The Debtor defaulted the Settlement Agreement and did not deliver the Vehicle and clear 17 |} title within the deadline approved by the Court in the Civil Case. See Docket No. 143-2. 18 On October 4, 2016 (the “Bankruptcy Petition Date”), that is, twenty-seven (27) days after 19 || receiving the Settlement Proceeds, the Debtor filed the instant bankruptcy case. Compare Docket 20 || No. 1 with Docket No. 143-2, p. 2. 2] On December 19, 2016, Toyota filed a Motion to Enforce the Settlement Agreement in the 22 || Civil Case (Civil Case Docket No. 54). On January 9, 2017, the Debtor filed a Short Reply Motion 23 that Civil Case alleging, inter alia, that: (a) Oriental Bank is the account holder of the Debtor’s 24 || lease and therefore he could not transfer the Vehicle; (b) Toyota was aware that he could not 25 transfer the title of the Vehicle; (c) the Settlement Agreement cannot be enforced; (d) this is a 26 “matter of bad faith litigation”; and (e) the responsibility for the payment of keeping the Vehicle 27 ||in the depository is Toyota’s and not the Debtor’s. See Docket No. 143-4. The Debtor stated in

De

1 || the Civil Case that he placed the Vehicle in a “depositary”. See Docket No. 143-4, pp. 1-2, J] 2; 2 3 On January 17, 2017, the U.S. District Court for the Central District of California entered 4 ||an Order in the Civil Case instructing the Debtor to deliver the Vehicle within 15 days and all 5 documents necessary to evidence transfer of clear title to Toyota. See Docket No. 143-2, p. 3. 6 || The Court in the Civil Case cautioned the Debtor that if he failed to comply, he may be subject 7 ||to sanctions, including being held in contempt of court. Id. The 15-day period expired on 8 February 1, 2017. Id. The U.S. District Court for the Central District of California specifically 9 ruled as follows: 10 [gliven that the [VJehicle was the key piece of evidence in the case, it was Lopez- ll Llanos’ obligation—not Toyota’s— to preserve the vehicle. Any contention that Toyota previously agreed to pay storage costs is superseded by Section 19 of the 12 Settlement Agreement (“Settlement Agreement supersedes all prior agreement or understanding, whether written or oral.”). Toyota has no obligation under the 13 Settlement Agreement to pay storage costs. 14 || See Civil Minutes entered in the Civil Case, Docket No, 143-3, pp. 2-3. 15 The Debtor did not disclose the instant bankruptcy petition to the U.S. District Court for 16 || the Central District of California in the Crvil Case. 17 On October 5, 2016, the Court issued a Notice of Chapter 7 and 13 Case Review and 18 || Possible Dismissal for failure to submit schedules, the statement of financial affairs and chapter 19 || 13 statement of current monthly income and means test calculation. See Docket No. 6. 20 On October 18, 2016, the Debtor filed the corresponding Schedules describing his income, 21 || expenses, properties and debts (Docket No. 9). Schedules D and E/F did not include Toyota as a 22 || secured or unsecured creditor or as a party in interest in this case. See Schedule D, Docket No. 23 pp. 12-15; Schedule E/F, Docket No. 9, pp. 19- 26. Schedule D did not include PR Housing as 24 secured creditor even though it is the holder of a mortgage lien -duly registered with the Puerto 25 || Rico Property Registry- over the Debtor’s residential property listed in Schedule A. See Schedule 26 || D, Docket No. 9, pp. 12-15. 27

1 The Debtor disclosed two vehicles: a 2015 KIA Forte and a 2001 Suzuki Baleno. See 2 || Schedule A/B, Docket No. 9, p. 4. The Debtor did not disclose the Toyota Vehicle, which is the 3 || object of the Civil Case. See id. The Debtor did not include any information related to the alleged 4 || storage or the balance thereof in the schedules he filed in the instant case. See Schedule D and 5 {| Schedule E/F, Docket No. 9, pp. 12-14; pp. 19-26, respectively. The Debtor did not list any 6 {| creditor as having a lien over the Vehicle, nor did he include Oriental Bank as a creditor in the 7 schedules or the creditors’ matrix list. See Schedule D and Schedule E/F, Docket No. 9, pp. 12- 8 {| 14, 19-26, respectively. The Debtor did not disclose having an executory contract with any party 9 related to the Vehicle or a lease thereof. See Schedule G, Docket No. 9, p. 27. The Debtor did 10 not disclose having any executory agreement with a depositary for storage of the Vehicle in the 11 || Schedules. See Schedule G, Docket No. 9, p. 27. 12 On October 18, 2016, the Debtor filed his Statement of Financial Affairs (Docket No. 8).

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In re: Fernando Lopez Llanos, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-fernando-lopez-llanos-prb-2017.