In Re: Maison Royale, LLC

CourtDistrict Court, E.D. Louisiana
DecidedMarch 31, 2025
Docket2:24-cv-01659
StatusUnknown

This text of In Re: Maison Royale, LLC (In Re: Maison Royale, LLC) is published on Counsel Stack Legal Research, covering District Court, E.D. Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re: Maison Royale, LLC, (E.D. La. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF LOUISIANA

IN RE: CASE NO. 24-1659 MAISON ROYALE, LLC DEBTOR

SECTION L (1)

ORDER & REASONS Before the Court is an appeal from an order of the United States Bankruptcy Court for the Eastern District of Louisiana, entered June 18, 2024, timely filed by Appellant Rick Sutton (“Appellant” or “Sutton”). R. Doc. 8. Appellee Jack Adams (“Appellee” or “Adams”) opposes the appeal. R. Doc. 11. Sutton replied. R. Doc. 12. The Court heard oral argument from the parties, and after a review of the briefing, record, and applicable law, the Court now rules as follows. I. BACKGROUND a. Factual Background In 2011, Sutton and Adams entered into a joint business venture to operate a jewelry and fine arts store in the French Quarter. R. Doc. 8 at 12. To form and manage the venture, Sutton and Adams created the Debtor, Maison Royale, LLC (“Maison Royale”), and it was contemplated that each would make equal capital contributions to share 50% ownership interests in the entity. Id. at 12-13. Adams, however, alleges that Sutton never earned his 50% ownership interest because he failed to make his capital contributions, rendering him merely an employee. R. Doc. 11 at 12. In 2014, Sutton and Adams’s relationship began to deteriorate, and Sutton was eventually terminated from his employment with Maison Royale allegedly due to poor work performance and personnel issues at the store. Id. Thereafter, Sutton began filing lawsuits in state court against Adams, Maison Royale, and various other entities. Id. at 12-13. Many of these lawsuits involved the contested ownership of Maison Royale, with Sutton alleging he was a 50% owner and Adams alleging Sutton was not an owner but instead an employee. b. Relevant State Court Proceedings

Relevant to this appeal, in November 2014, Sutton filed a breach of contract claim in state court (the “Breach of Contract Case”) against Adams, Maison Royale, and another entity, alleging the defendants wrongfully terminated him and withheld salary. Id. at 17-18; Sutton v. Adams, 2019-0992 (La. App. 4 Cir. 10/12/22), 351 So. 3d 427, 432. He also brought claims on behalf of Maison Royale, as a purported owner, alleging that Adams breached his fiduciary duties. Id. During these proceedings, the state district court recognized that there was some question as to what sums of money each partner put into Maison Royale and thus enjoined Adams from preventing Sutton access to the entity’s business records or engaging in his job of selling merchandise in the partnership. R. Doc. 8-1 at 95. Despite this preliminary injunction, Adams made the unilateral decision in 2017 to liquidate Maison Royale’s remaining inventory and

received a total of $775,246.00, which he used to pay himself as one of the entity’s creditors. Id. When the state district court was informed of Adams’s actions, it found him in contempt of court and granted Sutton’s Writ of Sequestration, ordering Adams “to deposit all proceeds from the sale of the inventory into the registry of [the] court where they will remain until the court determines the ownership of these funds.” Id. at 97. Two years later on April 26, 2019, the state district court ultimately dismissed Sutton’s claims on the basis of res judicata because in a different state court case involving similar claims Sutton brought against Adams, the state court determined the relevant business organization documents “plainly showed that Mr. Sutton was not a member of Maison Royale and therefore had no right of action for breach of fiduciary duty.” Id. at 98; Sutton v. Adams, 2018-0196 (La. App. 4 Cir. 12/19/18), 318 So. 3d 776, 783, writ denied, 2019-0346 (La. 4/22/19), 267 So. 3d 1112. As such, the state district court in the Breach of Contract Case issued a final judgment vacating its Writ of Sequestration as to the $775,246.00. R. Doc. 8-1 at 99. Thereafter, Adams

filed a motion on October 11, 2019 requesting that the trial court release the $775,246.00 deposited in the state court’s registry. R. Doc 4-44. Sutton opposed the motion derivatively on behalf of Maison Royal. R. Doc. 8 at 25. Thereafter, on January 30, 2020, the state court granted Adams’s motion to release the funds. However, before Adams could obtain the funds, the Louisiana Fourth Circuit stayed the case on February 12, 2020, which prevented him from withdrawing the $775,246.00. R. Doc. 8-1 at 101. Thereafter, the Fourth Circuit affirmed the trial court’s decision that Sutton was not an equity interest holder pursuant to res judicata. Sutton, 2019-0992 (La. App. 4 Cir. 10/12/22), 351 So. 3d at 432. The Fourth Circuit expressly lifted the stay on November 7, 2022. R. Doc. 17-1. Sutton then sought a writ of certiorari to the Louisiana Supreme Court. Ultimately, in March of

2023, the Louisiana Supreme Court overturned the Fourth Circuit’s ruling. Sutton v. Adams, 2022- 01672 (La. 3/7/23), 356 So. 3d 1017, 1021, reh'g denied, 2022-01672 (La. 5/16/23), 360 So. 3d 482. It specifically held that the court in the Breach of Contract Case improperly relied on res judicata to dismiss Sutton’s claims and remanded the proceedings back to the trial court for further disposition. Id. Adams never re-urged his motion to have the funds released directly to him. c. Bankruptcy Proceedings On June 20, 2023, Adams voluntarily placed Maison Royale into Chapter 11 Bankruptcy and signed the petition as “managing member.” In re Maison Royale, LLC, 663 B.R. 316, 320 (Bankr. E.D. La. 2024). The case was later converted to a Chapter 7 Trustee Bankruptcy on September 20, 2023. Id. Sutton filed an emergency motion to dismiss the bankruptcy filing on the basis that it was made without authority, once again claiming he was an owner of Maison Royale and that Adams lacked the ability to place the entity in bankruptcy without his consent. R. Doc. 8- 1 at 81-91. The bankruptcy court denied Sutton’s motion and his request for reconsideration. In re

Maison Royale, LLC, No. 23-5760, 2024 WL 2699994, at *1 (E.D. La. May 24, 2024). Moreover, this Court denied Sutton’s interlocutory appeal of those orders, dismissing them as premature. Id. After Sutton’s efforts to dismiss this case were denied, the Chapter 7 Trustee withdrew the $775,246.00 still in the state court’s registry fund from the Breach of Contract Case as property of the estate to be administered in the bankruptcy proceedings. R. Doc. 11-1 at 858. On October 6, 2023, Adams filed “Proof of Claim 4” totaling $1,699,190.04, which included, inter alia, the $775,246.00 recently withdrawn from the registry fund and the attorney’s fees that he loaned Maison Royale for legal services rendered by two local New Orleans firms. In re Maison Royale, LLC, 663 B.R. 316. Sutton and the Trustee then objected to the substantive amount of Adams’s claim and contended that a majority of the amount Adams claimed that he was

owed had already prescribed. Id. After a hearing that occurred over the course of two days, the bankruptcy court issued an order sustaining in part and overruling in part Sutton and the Trustee’s objections. Id. Specifically, it held that Adams’s Proof of Claim 4 would be allowed to proceed in the aggregate amount of $815,191.15. Id. at 334. However, the bankruptcy court did not permit Adams to recover the remaining $883,998.89 for various reasons, such as prescription and lack of proof of payment. Id. II. APPEAL On appeal, Sutton challenges only the portion of the bankruptcy court’s decision allowing Adams’s Proof of Claim 4 to proceed as to the $815,191.15, which includes both (1) the $775,246.00 from the state court registry fund and (2) $39,945.15 in attorney’s fees. R. Doc. 8. More specifically, Sutton claims that the bankruptcy court erred in denying his objection as to the $775,246.00 deposited in the state court registry for two reasons. First, he argues that the bankruptcy court improperly construed the $775,246.00 as a loan.

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

Related

Natl Un Fire Ins PA v. U S Bank Natl Assoc
597 F.3d 298 (Fifth Circuit, 2010)
United States v. United States Gypsum Co.
333 U.S. 364 (Supreme Court, 1948)
Anderson v. City of Bessemer City
470 U.S. 564 (Supreme Court, 1985)
Grossman v. Lothian Oil Inc.
650 F.3d 539 (Fifth Circuit, 2011)
White v. Haydel
593 So. 2d 421 (Louisiana Court of Appeal, 1991)
Robinson v. Snell's Limbs and Braces of New Orleans, Inc.
538 So. 2d 1045 (Louisiana Court of Appeal, 1989)
In Re Manshul Construction Corp.
223 B.R. 428 (S.D. New York, 1998)
Nini v. Sanford Brothers, Inc.
276 So. 2d 262 (Supreme Court of Louisiana, 1973)
In Re I & F Corp.
219 B.R. 483 (S.D. Ohio, 1998)
In Re Succession of Tompkins
747 So. 2d 1251 (Louisiana Court of Appeal, 1999)
Wells Fargo Bank, N.A. v. Jones
391 B.R. 577 (E.D. Louisiana, 2008)
Jenkins v. Starns
85 So. 3d 612 (Supreme Court of Louisiana, 2012)
McClendon v. Springfield (In Re McClendon)
765 F.3d 501 (Fifth Circuit, 2014)
Furlough v. Cage (In Re Technicool Sys., Inc.)
896 F.3d 382 (Fifth Circuit, 2018)

Cite This Page — Counsel Stack

Bluebook (online)
In Re: Maison Royale, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-maison-royale-llc-laed-2025.