Joel Todd Marcum, et al. v. PNC Bank, National Association and C. Robert Marcum

CourtDistrict Court, W.D. Kentucky
DecidedNovember 18, 2025
Docket3:21-cv-00289
StatusUnknown

This text of Joel Todd Marcum, et al. v. PNC Bank, National Association and C. Robert Marcum (Joel Todd Marcum, et al. v. PNC Bank, National Association and C. Robert Marcum) is published on Counsel Stack Legal Research, covering District Court, W.D. Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Joel Todd Marcum, et al. v. PNC Bank, National Association and C. Robert Marcum, (W.D. Ky. 2025).

Opinion

UNITED STATES DISTRICT COURT WESTERN DISTRICT OF KENTUCKY LOUISVILLE DIVISION

JOEL TODD MARCUM, et al. Plaintiffs

v. Case No. 3:21-cv-289-RGJ-RSE

PNC BANK, NATIONAL ASSOCIATION and C. ROBERT MARCUM, Defendants

* * * * *

MEMORANDUM OPINION & ORDER Plaintiffs Joel Todd Marcum, Carla M. Deddens, and Sandra M. Smithers (collectively “Plaintiffs”) move under Rule 15(a)(2) for leave to amend their complaint. [DE 81]. Defendant C. Robert Marcum (“Marcum”) responded in opposition, [DE 90], and seeks leave to exceed the page limit with his response brief, [DE 88]. Plaintiffs replied. [DE 93]. Additionally, both Marcum and Plaintiffs separately move to seal certain court records. [DE 89; DE 92]. Defendant PNC Bank, National Association (“PNC”) has not responded to Plaintiffs’ motion. See LR 7.1(c). For the following reasons, Plaintiffs’ motion to amend [DE 81] is GRANTED. Marcum’s motion to exceed the page limit [DE 88] is GRANTED. The parties’ motions to seal [DE 89; DE 92] are DENIED. I. BACKGROUND Plaintiffs and Marcum are the adult children of Charles Marcum (“Charles”) and Bonnie Marcum (“Bonnie”). [DE 1-1 at 445]. In 1968, Charles established a trust and designated PNC’s predecessor as trustee. [Id. at 445–46]. The trust’s primary asset was a commercial property where “TopWorx,” the family business, was located. [Id. at 446]. Upon Charles’s death, the trust’s assets were to benefit both Bonnie and the couple’s children—Plaintiffs and Marcum. [Id.]. According to the original complaint, when Charles died in 1976, Marcum succeeded him as TopWorx’s president. [Id. at 446–47]. Bonnie initially retained ownership of the business, which leased the property from the trust, though at a significantly below-market rate. [Id.]. After Marcum purchased Bonnie’s ownership of TopWorx in 2002, the company continued paying below-market rent. [Id. at 447]. Marcum sold TopWorx in 2008, and the business’s successor

likewise paid below-market rent to the trust. [Id. at 448]. Plaintiffs allege that Marcum secured an “inflated sale price” to his own benefit, offset for the buyer by below-market rent to the estate beneficiaries’ detriment. [Id. at 448–49]. Bonnie passed away in 2016. [Id. at 448–49]. After Plaintiffs filed suit in April 2021, PNC and Marcum jointly removed this action, citing diversity jurisdiction. [DE 1 at 1–2]. The original complaint asserted breach of fiduciary duty and breach of contract claims against PNC. [DE 1-1 at 454–60]. Plaintiffs also asserted aiding and abetting breach of fiduciary duty against Marcum. [Id. at 458–59]. On PNC’s motion, the Court dismissed the breach-of-contract claim. [DE 16 at 1162; see also DE 28]. In 2023, Plaintiffs and PNC separately moved to compel written discovery from Marcum. The Magistrate Judge

granted those motions in part, [DE 61], and the Court overruled Marcum’s objections to the Magistrate Judge’s order. [DE 67]. Plaintiffs move to amend the complaint. [DE 81]. The proposed amended complaint incorporates the original complaint, cf. Fed. R. Civ. P. 10(c), and adds a direct claim against Marcum for “breach of fiduciary duty.” [DE 81-4 at 1638]. According to Plaintiffs’ motion and the amended complaint, “facts recently unearthed” in party and nonparty discovery, [DE 81-1 at 1619], show that “Marcum had a much more active role in damaging the Plaintiffs than they originally knew.” [DE 81-4 1639]. The new allegations center on three issues. First, Plaintiffs allege in more detail that Marcum wrongfully obtained ownership of TopWorx from Bonnie in 2002. [Id. at 1639–40]. They further allege that payment for Bonnie’s ownership interest “was not fully paid to [her], was wrongfully diverted, and thus was not accounted for in her Estate when she died in 2016.” [Id. at 1641]. Second, Plaintiffs note that “Rob Marcum was appointed fiduciary of Bonnie Marcum’s Estate pursuant to her Will. . .” and that there is no evidence that Marcum distributed the diverted value of the Promissory Notes from the sale of Bonnie’s interest in

TopWorx to the Plaintiffs as beneficiaries of Bonnie’s Estate. [Id. at 1643]. This is interpreted by Marcum as a claim of misadministration of Bonnie’s Estate. [DE 90 at 1761-62]. Third, Plaintiffs allege in more detail that after selling TopWorx in 2008, Marcum “pretended to act as Trustee of the Trusts, something he never was,” by keeping the buyer’s rent below-market and effectively acting as landlord. [Id. at 1644 (emphasis removed)]. Plaintiffs admit that they “trusted” Marcum and did not “demand a detailed accounting of [his] business activities,” but they also allege that he “made repeated efforts to keep them in the dark” and acted “secretly.” [Id. at 1645]. The deadline for motions to amend pleadings did not pass until May 2025, two months after Plaintiffs moved to amend their complaint. [DE 79 at 1607]. Discovery is ongoing. [Id.].

II. STANDARD At this stage of a case, “a party may amend its pleading only with the opposing party’s written consent or the court’s leave.” Fed. R. Civ. P. 15(a)(2). “The court should freely give leave when justice so requires.” Id. “In deciding whether to grant a motion to amend, courts should consider undue delay in filing, lack of notice to the opposing party, bad faith by the moving party, repeated failure to cure deficiencies by previous amendments, undue prejudice to the opposing party, and futility of amendment.” Brumbalough v. Camelot Care Centers, Inc., 427 F.3d 996, 1001 (6th Cir. 2005). “A proposed amendment is futile if [it] could not withstand a Rule 12(b)(6) motion to dismiss.” Riverview Health Inst. LLC v. Med. Mut. Of Ohio, 601 F.3d 505, 512 (6th Cir. 2010) (quotation marks omitted). Whether to grant leave is generally “within the discretion of the trial court.” Sec. Ins. Co. of Hartford v. Kevin Tucker & Assocs., Inc., 64 F.3d 1001, 1008 (6th Cir. 1995). However, a denial for futility will be reviewed de novo. Brumablough, 427 F.3d at 1001. III. ANALYSIS A. Motion to Amend Plaintiffs’ motion asserts that amendment is appropriate because “with a year of discovery

remaining and no deposition as yet taken, there can be no prejudice to either Defendant.” [DE 81 at 1616]. Additionally, Plaintiffs assert that the amendments all “relate to the claims already asserted” and the facts were only recently learned through discovery; thus, there has been no undue delay. [Id.]. Finally, Plaintiffs state that “the amendment would not be futile.” [Id.]. Marcum’s response brief argues undue delay, undue prejudice, and futility. See Brumablough, 427 F.3d at 1001. 1. Undue Delay Marcum asserts that “the Court should deny the motion to amend because it is brought unconscionably late, four years after the litigation began.” [DE 90 at 1768]. He cites Wade v. Knoxville Utilities Board for the proposition that “[w]hen amendment is sought at a late stage in the litigation, there is an increased burden to show justification for failing to move earlier.” 259

F.3d 452, 459 (6th Cir. 2001). But this case does not resemble Wade. In Wade, the plaintiff sought to amend his complaint “about three weeks before the dispositive motion cut-off date.” Id. at 458. Here, as Plaintiffs point out, they filed their motion months before the deadline to do so. [DE 81- 1 at 1619]. And the dispositive motion deadline was over a year away and has not passed. [DE 79]. These circumstances do not suggest undue delay. See Sims v. Atrium Med. Corp., 349 F. Supp. 3d 628, 636 (W.D. Ky.

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Joel Todd Marcum, et al. v. PNC Bank, National Association and C. Robert Marcum, Counsel Stack Legal Research, https://law.counselstack.com/opinion/joel-todd-marcum-et-al-v-pnc-bank-national-association-and-c-robert-kywd-2025.