John M. Rolwing, Appellant-Respondent v. Nestle Holdings, Inc.

CourtSupreme Court of Missouri
DecidedJune 10, 2014
DocketSC93756
StatusPublished

This text of John M. Rolwing, Appellant-Respondent v. Nestle Holdings, Inc. (John M. Rolwing, Appellant-Respondent v. Nestle Holdings, Inc.) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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John M. Rolwing, Appellant-Respondent v. Nestle Holdings, Inc., (Mo. 2014).

Opinion

SUPREME COURT OF MISSOURI en banc

John M. Rolwing, ) ) Appellant-Respondent, ) ) vs. ) No. SC93756 ) Nestle Holdings, Inc., ) ) Respondent-Appellant. )

Appeal from the Circuit Court of the City of St. Louis The Honorable Steven R. Ohmer, Judge

Opinion issued June 10, 2014

John Rolwing appeals a judgment dismissing with prejudice his petition for

breach of contract. Rolwing’s petition alleged that Nestle Holdings Inc. violated a

stock merger agreement by making a late payment to shareholders. The petition

was filed more than five years after the alleged late payment. Rolwing sought

recovery of interest for the late payment. The trial court dismissed the petition

pursuant to section 516.120(1), which applies a five-year limitations period to

“[a]ll actions upon contracts … except those mentioned in section 516.110.” 1

Rolwing argues that the trial court erred in not applying the 10-year statute of

limitations in section 516.110(1), which applies to all actions “upon any writing …

for the payment of money ….”

1 All statutory references are to RSMo 2000. Rolwing is not suing to enforce the payment of money promised in the

contract. Instead, Rolwing’s alleged damages consist of interest that was not

promised in the merger agreement. Consequently, the applicable statute is the

five-year limitations period set forth in section 516.120(1).

Rolwing also argues that, if the five-year statute applies, the petition is still

timely because the five-year limitations period was tolled by a pending class

action against Nestle in Ohio. Rolwing has identified no authority holding that a

pending class action in one state tolls the statute of limitations in another state.

The judgment is affirmed.

I. Facts

Rolwing alleges that on January 15, 2001, Nestle entered a merger

agreement with Ralston Purina Company. Rolwing was a Ralston shareholder.

The merger agreement provides that, at the “effective time” of the merger, Ralston

stock would be converted into a right for all Ralston shareholders to receive

$33.50 per share. Rolwing alleges that the stock was converted on December 14,

2001, but he and other Ralston shareholders were not paid until December 18,

2001.

On March 30, 2011, Rolwing filed a class action petition alleging that

Nestle breached the merger agreement by failing to timely pay shareholders the

$33.50 per share owed pursuant to the agreement. Rolwing alleged he and other

class members, as book entry shareholders, were entitled to interest for the alleged late payment as a matter of custom and practice. The petition seeks interest at the

statutory rate for the alleged late payment.

The trial court sustained Nestles’ motion to dismiss the petition as barred

by the five-year statute of limitations in section 516.120(1). Rolwing raises five

points on appeal: (1) the trial court erred in applying the five-year statute instead

of the 10-year statute; (2) if the five-year statute applies, the petition was timely

because the statute was tolled by the pending Ohio action; (3) the trial court erred

in not finding that the petition adequately alleged equitable tolling; (4) the trial

court erred in denying an opportunity to amend the petition to allege equitable

tolling adequately; and (5) none of the other grounds in Nestle’s motion to dismiss

warrant dismissal.

II. Standard of Review

This Court applies de novo review to a judgment dismissing a petition.

City of Lake Saint Louis v. City of O'Fallon, 324 S.W.3d 756, 759 (Mo. banc

2010). When relevant facts are uncontested, the question of whether a statute of

limitations bars an action can be decided by a court as a matter of law. State ex rel.

Marianist Province of U.S. v. Ross, 258 S.W.3d 809, 811 (Mo. banc 2008).

III. Section 516.120(1) is the Applicable Statute

Rolwing’s first point on appeal asserts that the trial court erred by not

applying the 10-year statute of limitations in section 516.110(1). “Missouri has

two statutes of limitations relating generally to contract actions: sections

516.110(1) and 516.120 ....” Hughes Development Co. v. Omega Realty Co., 951

3 S.W.2d 615, 616 (Mo. banc 1997). Section 516.120(1) provides “[A]ll actions

upon contracts, obligations or liabilities, express or implied, except those

mentioned in section 516.110(1) … must be brought within five years.” Section

516.110(1) provides “an action upon any writing, sealed or unsealed, for the

payment of money or property” must be brought within 10 years.

There is no dispute that the merger agreement contained a promise to pay

$33.50 per share to Ralston shareholders. Rolwing contends that this promise to

pay money requires application of the 10-year statute for “an action upon a writing

… for the payment of money.” Adopting Rolwing’s position would require this

Court to hold that the 10-year statute applies to every breach of contract action

involving a contract that includes a promise to pay money even when the plaintiff

is not seeking recovery of the money that was promised to be paid.

Conversely, Nestle argues that the 10-year statute applies only when the

writing contains a promise to pay money and the plaintiff seeks a judgment for the

payment of money that the defendant agreed to pay. In other words, Nestle’s

position is that the 10-year statute applies only if the promise sued upon is the

promise for the payment of money in the contract. Nestles’ interpretation is

correct.

4 Section 516.110(1) is an exception to the general five-year limitations

period established by section 516.120(1).2 The exception mentioned in section

516.110(1) consists of “actions upon a written contract … for the payment of

money or property.” The plain language of section 516.120(1), however, applies

generally to all breach of contract actions, including written contracts containing a

promise for the payment of money or property. If this Court adopts Rolwing’s

argument that section 516.110(1) applies to all breach of contract actions

involving a contract that includes a promise to pay money or property, with no

requirement that the plaintiff seek a judgment for recovery of the money promised,

then section 516.110(1) and section 516.120(1) often will conflict. Section

516.110(1) -- the exception -- would overcome the generally applicable five-year

limitations period established by section 516.120(1).

The correct application of sections 516.110(1) and 516.120(1) was set

forth by this Court in Hughes, 951 S.W.2d 615. In Hughes, the issue was whether

the five-year statute or the 10-year statute applied to an action to recover money

allegedly earned and payable under a written contract for services. Id. at 616. The

precise issue in Hughes was whether the 10-year statute applied only when the

contract at issue established an absolute and fixed liability without resort to

extrinsic evidence. Id. Although some prior cases indicated that the 10-year

2 See, e.g., Capital One Bank v.

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