Joy Goodwin Adams v. Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, INC. (Appeal from Jefferson Circuit Court: CV-23-904346).

CourtSupreme Court of Alabama
DecidedMay 16, 2025
DocketSC-2024-0528
StatusPublished

This text of Joy Goodwin Adams v. Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, INC. (Appeal from Jefferson Circuit Court: CV-23-904346). (Joy Goodwin Adams v. Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, INC. (Appeal from Jefferson Circuit Court: CV-23-904346).) is published on Counsel Stack Legal Research, covering Supreme Court of Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Joy Goodwin Adams v. Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, INC. (Appeal from Jefferson Circuit Court: CV-23-904346)., (Ala. 2025).

Opinion

Rel: May 16, 2025

Notice: This opinion is subject to formal revision before publication in the advance sheets of Southern Reporter. Readers are requested to notify the Reporter of Decisions, Alabama Appellate Courts, 300 Dexter Avenue, Montgomery, Alabama 36104-3741 ((334) 229-0650), of any typographical or other errors, in order that corrections may be made before the opinion is printed in Southern Reporter.

SUPREME COURT OF ALABAMA OCTOBER TERM, 2024-2025

_________________________

SC-2024-0528 _________________________

Joy Goodwin Adams

v.

Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, Inc.

Appeal from Jefferson Circuit Court (CV-23-904346)

MITCHELL, Justice.

Joy Goodwin Adams sued Tiffany Rudd Atkinson, Katherine M.

Rudd ("Kate"), Goodwin Capital Partners, Ltd., and KATISAM, Inc. ("the SC-2024-0528

defendants"), demanding that they reimburse her for attorneys' fees she

had paid to a third party. The Jefferson Circuit Court dismissed her suit

with prejudice, and Joy appealed. At issue here is whether the terms

"hold harmless" and "indemnify" are synonymous when those terms

appear on their own in a contract. We hold that they are. The parties'

agreement requires the defendants to "hold Joy … harmless" against a

third party's demand for attorneys' fees in certain circumstances. And

because Joy's complaint plausibly establishes that she may be entitled to

indemnification for fees she paid to a third party, the circuit court erred

in dismissing her suit. We therefore reverse the judgment of dismissal

and remand the case for further proceedings.

Facts and Procedural History

This case involves three trusts and two agreements. We discuss

each of the trusts and agreements and then review relevant prior

litigation, including this case's procedural history. 1

1Because this matter is before us on appeal from a judgment granting a motion to dismiss, we construe all facts in Joy's favor. Nance v. Matthews, 622 So. 2d 297, 299 (Ala. 1993). 2 SC-2024-0528

A. The Trusts and Agreements

We begin by summarizing the three trusts involved in this

litigation. Joy's parents created two of them. In 1986, they created one

for Joy's benefit ("the Shares trust"), which was operated as two separate

trusts that were sometimes called "the Shares I trust" and "the Shares II

trust." In 1987, they created the other trust ("the Grandchildren's trust")

for the benefit of Joy's two daughters, Tiffany and Kate.

In 1989, Joy created the third trust at issue: the Joy Goodwin Rudd

Irrevocable Trust ("the 1989 trust"). Both the Shares trust and the 1989

trust allowed the trustees to distribute income to Joy on a regular basis

and to distribute the principal for her "health, education, support and

maintenance." During her lifetime, Joy was the sole beneficiary of those

trusts. If Joy died, however, any remaining assets from the Shares II

trust and the 1989 trust would flow to the Grandchildren's trust -- and

thus to Tiffany and Kate.

In later years, Joy executed two separate agreements. The first was

a 2011 release-and-indemnification agreement ("the 2011 agreement")

between Joy and a co-trustee of the Shares trust, Branch Banking &

Trust ("BB&T"). In that agreement, Joy and BB&T agreed to terminate

3 SC-2024-0528

the Shares trust because, in their view, its value did not justify the cost

of managing it. See § 19-3B-414, Ala. Code 1975. In doing so, Joy

promised to "indemnify" BB&T "against any and all liability, loss or

expense (including, but not limited to reasonable counsel fees) that may

be incurred as a result of any claim arising from the administration and

termination of the [Shares trust]."

The second agreement arose after Tiffany and Kate sued Joy along

with several trusts and two corporate trustees. Tiffany and Kate alleged

various breaches of fiduciary duties, contending that Joy had improperly

accessed money from the Shares trust and the 1989 trust. Goodwin

Capital Partners and KATISAM were also parties to the lawsuit, but

BB&T was not. To resolve the dispute, Joy and the defendants executed

a settlement agreement ("the 2013 agreement").

Two relevant sections of the 2013 agreement are excerpted below.

The first section, under the header "E. Survival of Representations and

Warranties; Remedy" ("the indemnity provision"), states, in relevant

part:

"3. Indemnity. Joy shall indemnify Tiffany and Kate from and against any damages suffered ('Damages') by Tiffany and Kate as a result of any material breach of the representations

4 SC-2024-0528

and warranties made by Joy in paragraph C of Article II of this Agreement …."

Under the 2013 agreement, Joy warranted that, among other things, an

attached catalogue for Goodwin Capital Partners and KATISAM

accurately reflected then-current assets, liabilities, and pending

litigation.

The second section, titled "G. Hold Harmless Agreement" ("the

hold-harmless provision"), states, in relevant part:

"[The defendants] … agree to hold Joy and any trust or other entity which is a Party to this Agreement and which has custody of any assets for Joy's benefit, harmless against any claim, demand, action, or liability by any corporate trustee sued by or at the instance of Tiffany and/or Kate for attorneys' fees incurred by such trustee in its successful defense of any claim or suit arising from its administration of the Share II Trust, the 1989 Trust, and the Marital Trust which was asserted against it by Tiffany, Kate, or by any other entity at Tiffany or Kate's instance."

B. Relevant Prior Litigation

After the parties executed the 2013 agreement, Tiffany and Kate

sued BB&T and another corporate trustee for negligence. They alleged

that those corporations had permitted Joy to breach fiduciary duties that

were owed to Tiffany and Kate under the Shares trust and the 1989 trust.

5 SC-2024-0528

The case was eventually removed to the United States District Court for

the Northern District of Alabama.

In federal court, BB&T filed a summary-judgment motion as to

Tiffany and Kate's negligence claim and asserted a third-party claim

against Joy. Citing the 2011 agreement's indemnification provision,

BB&T demanded that Joy reimburse it for past and future attorneys' fees

relating to its defense against Tiffany and Kate's suit. In response, Joy

sought summary judgment in her favor on this claim.

The federal district court ultimately granted BB&T's summary-

judgment motion on Tiffany and Kate's negligence claim, and it denied

Joy's motion on BB&T's indemnification claim.

Shortly thereafter, Joy demanded that the defendants pay the

attorneys' fees that had been sought by BB&T, citing the 2013

agreement's hold-harmless provision. They refused. Joy then settled

BB&T's claim for attorneys' fees for $614,791.62.

C. The Parties' Present Dispute

Joy filed this action in the Jefferson Circuit Court, requesting that

the court enforce the 2013 agreement's hold-harmless provision and

6 SC-2024-0528

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Joy Goodwin Adams v. Tiffany Rudd Atkinson, Katherine M. Rudd, Goodwin Capital Partners, Ltd., and KATISAM, INC. (Appeal from Jefferson Circuit Court: CV-23-904346)., Counsel Stack Legal Research, https://law.counselstack.com/opinion/joy-goodwin-adams-v-tiffany-rudd-atkinson-katherine-m-rudd-goodwin-ala-2025.