Jenkins v. WACHOVIA BANK, NATIONAL ASSOCIATION

711 S.E.2d 80, 309 Ga. App. 562, 74 U.C.C. Rep. Serv. 2d (West) 478, 2011 Fulton County D. Rep. 1527, 2011 Ga. App. LEXIS 403
CourtCourt of Appeals of Georgia
DecidedMay 13, 2011
DocketA11A0228
StatusPublished
Cited by17 cases

This text of 711 S.E.2d 80 (Jenkins v. WACHOVIA BANK, NATIONAL ASSOCIATION) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jenkins v. WACHOVIA BANK, NATIONAL ASSOCIATION, 711 S.E.2d 80, 309 Ga. App. 562, 74 U.C.C. Rep. Serv. 2d (West) 478, 2011 Fulton County D. Rep. 1527, 2011 Ga. App. LEXIS 403 (Ga. Ct. App. 2011).

Opinion

Mikell, Judge.

Martha J. Jenkins sued Wachovia Bank, National Association (“Wachovia”), 1 asserting claims based on Wachovia’s payment, over a forged endorsement, of a check made payable to Jenkins but never delivered to Jenkins or in her possession. The trial court granted summary judgment to Wachovia, and Jenkins appeals. Finding no error, we affirm.

Summary judgment is proper when there is no genuine issue of material fact and the movant is entitled to judgment as a matter of law. OCGA § 9-11-56 (c). A de novo standard of review applies to an appeal from a grant of summary judgment, and we view the evidence, and all reasonable conclusions and inferences drawn from it, in the light most favorable to the nonmovant. 2

So viewed, the record reflects the following undisputed facts. On July 26, 2007, Jenkins signed a promissory note, security deed, and other documents relating to a loan from First Horizon Home Loans, a division of First Tennessee Bank (the lender and associated entities hereinafter referred to collectively as “First Tennessee”). Jenkins alleges that she did not intend to obtain a loan from First Tennessee, *563 but that she was defrauded into signing these documents by her cousins, Courtney Brown (“Brown”) and Gail Brown (Courtney’s mother), and by the closing attorney, Brian D. Pierce. 3 The total loan was for $88,000. A check for loan proceeds in the amount of $69,000, dated July 31, 2007, was issued payable to “Martha Jeanette Jenkins,” drawn on the “Brian Pierce, R C., Trust Account” at Wachovia. It is undisputed that Jenkins never received this $69,000 check. Instead, Jenkins alleges that Brown forged Jenkins’s signature on the back of the check and then endorsed it in his own name. Brown then set up two new accounts at Wachovia, deposited a total of $60,000 into those accounts, and obtained the remaining $9,000 in cash.

Jenkins filed the underlying action against Wachovia on March 5, 2009. Based on Wachovia’s actions in failing to obtain Jenkins’s signature on the check, cashing the check for Brown, opening two new accounts for Brown, depositing the funds in the new accounts, and giving Brown the balance of the funds from the check in cash, Jenkins asserted claims against Wachovia for conversion, theft by taking, fraud, intentional breach of private and legal duties owed to her, negligence, and intentional infliction of emotional distress. In the last amendment to her complaint, Jenkins asserted the following additional claims against Wachovia: (1) Wachovia was not a holder in due course; (2) Wachovia intentionally and negligently failed to follow its policies and procedures concerning verification of customer identification and endorsements; (3) Wachovia “intentionally, fraudulently, and negligently” cashed a “forged check” for Brown and failed to act in good faith or with reasonable commercial standards of fair dealing; and (4) Wachovia conspired with others to defraud Jenkins. Jenkins subsequently withdrew her claims for conversion and theft by taking. Jenkins moved for default judgment against Wachovia, and Wachovia moved for summary judgment. After a hearing, the trial court denied Jenkins’s motion for default judgment and granted summary judgment in favor of Wachovia. It is from this order that Jenkins appeals.

1. Jenkins contends that the trial court erred in granting *564 summary judgment as to her “claim” that Wachovia was not a “holder in due course.” 4 However, whether Wachovia was a holder in due course of the check is irrelevant to the situation at bar. “Holder in due course” status gives the holder of an instrument (such as a check) the right to enforce it and to cut off certain defenses of the obligor under the instrument. 5 But here, Jenkins is not the “holder” of the check. To be a “holder” of a negotiable instrument requires possession of the instrument, 6 and it is undisputed that Jenkins never had possession of this check at any time. Further, Wachovia is not attempting to enforce the check against Jenkins. Thus, whether Wachovia is a “holder in due course” is irrelevant to her action. As the trial court correctly noted, “[h] older in due course status ... is not an affirmative claim which [Jenkins] may make against Wacho-via for damages.” Thus, it is irrelevant whether there was evidence of fraud on the face of the check, because such evidence goes only to determine if Wachovia was a holder in due course. 7

Jenkins’s reliance on Hartsock v. Rich’s Employees Credit Union 8 is misplaced. In that case, the check in question was not delivered to the original payee but was instead intercepted, altered, and deposited by a thief into the thiefs account at the depository bank. 9 The originally-named payee sued the depositor and the drawee banks. 10 This Court found that the defendant banks’ motion for summary judgment was properly denied “on the issue of whether [the banks] are holders in due course of the check,” 11 because there was some evidence of forgery on the face of the check at issue. 12 However, the opinion in that case does not disclose what claim the payee was asserting, as to which the banks’ “holder in due course” status might be relevant. 13 In the case at bar, whether Wachovia is or is not a holder in due course does not impact any claim asserted by Jenkins.

*565 2. In Jenkins’s second, third, and fourth enumerations of error, she asserts that the trial court erred in granting summary judgment to Wachovia as to her claims based on (1) Wachovia’s intentional and negligent failure to follow its policies concerning verification of endorsements on checks; (2) Wachovia’s breach of a private duty and legal duty to Jenkins; and (3) Wachovia’s negligent and intentional act of cashing a forged check, failure to act in good faith, and failure to observe reasonable commercial standards. We discern no error.

It is undisputed that the check was never delivered to Jenkins and she never had possession of it. For that reason, Jenkins has no rights under this particular check. OCGA § 11-3-420 provides that “[a]n action for conversion of an instrument may not be brought by . . . a payee or indorsee who did not receive delivery of the instrument either directly or through delivery to an agent or a co-payee.” 14

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Bluebook (online)
711 S.E.2d 80, 309 Ga. App. 562, 74 U.C.C. Rep. Serv. 2d (West) 478, 2011 Fulton County D. Rep. 1527, 2011 Ga. App. LEXIS 403, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jenkins-v-wachovia-bank-national-association-gactapp-2011.