Layko Properties v. M-OK Distribution, Inc.

2023 IL App (3d) 220203-U
CourtAppellate Court of Illinois
DecidedMay 2, 2023
Docket3-22-0203
StatusUnpublished

This text of 2023 IL App (3d) 220203-U (Layko Properties v. M-OK Distribution, Inc.) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Layko Properties v. M-OK Distribution, Inc., 2023 IL App (3d) 220203-U (Ill. Ct. App. 2023).

Opinion

NOTICE: This order was filed under Supreme Court Rule 23 and is not precedent except in the limited circumstances allowed under Rule 23(e)(1).

2023 IL App (3d) 220203-U

Order filed May 2, 2023 ____________________________________________________________________________

IN THE

APPELLATE COURT OF ILLINOIS

THIRD DISTRICT

LAYKO PROPERTIES, ) Appeal from the Circuit Court ) of the 18th Judicial Circuit, Plaintiff-Appellant, ) Du Page County, Illinois, ) v. ) ) Appeal No. 3-22-0203 ) Circuit Nos. 14-L-80 and 18-MR-750 M-OK DISTRIBUTION, INC., M-OK ) FREIGHT LINES CORP., TERRANCE ) O’KEEFE, and PHILLIP MICELI, ) Honorable ) Robert W. Rohm, Defendants-Appellees. 1 ) Judge, Presiding. ____________________________________________________________________________

JUSTICE PETERSON delivered the judgment of the court. Presiding Justice Holdridge and Justice Brennan concurred in the judgment. ____________________________________________________________________________

ORDER

¶1 Held: The court did not abuse its discretion by entering an order of full satisfaction and release of judgment.

1 We recognize that M-OK Freight Lines Corp., Phillip Miceli, and Terrance O’Keefe were not defendants in the underlying litigation, but were brought in as third parties by way of citations to discover assets. However, in case No. 18-MR-0750, the court granted summary judgment on Layko’s claims to pierce the corporate veil against Miceli and O’Keefe and for successor liability against M-OK Freight. Further, the parties generally refer to M-OK Distribution, M-OK Freight, Miceli, and O’Keefe as defendants, collectively, although appellant’s brief noted that M-OK Freight, Miceli, and O’Keefe were never defendants in this matter. As such, due to the circumstances of the case and the treatment by the parties, we likewise refer collectively to the M-OK entities, Miceli and O’Keefe, as defendants. ¶2 Plaintiff, Layko Properties (Layko), appeals the Du Page County circuit court’s order

finding that the judgment it obtained had been fully satisfied. Layko argues that because it was

entitled to postjudgment contractual interest, attorney fees, expenses, and costs under the terms

of the lease, the payment of the judgment amount, along with statutory postjudgment interest was

insufficient to satisfy the judgment. We affirm.

¶3 I. BACKGROUND

¶4 Layko entered into a lease agreement with defendant M-OK Distribution, Inc. The lease

was executed by Terrance O’Keefe and Phillip Miceli on behalf of M-OK Distribution. Section

501 of the lease provided that any installment of rent not timely paid “shall bear interest at the

rate of percent (12%) per annum, compounded monthly, from the date when the same is due

hereunder until the same shall be paid.” Section 1601 of the lease provided that:

“Lessee further agrees to pay all costs and expenses, including reasonable

attorney’s fees, which may be incurred by or imposed on Lessor in enforcing this

Lease or in any litigation to which Lessor may be made a party and if paid by

lessor, shall be so much additional rent due on the next rent date after such

payment together with interest at twelve percent (12%) per annum, compounded

monthly, from the date of payment.”

¶5 In 2014, Layko filed a verified complaint against M-OK Distribution setting forth a claim

for breach of contract premised upon M-OK Distribution’s alleged default under the lease. The

complaint alleged that section 501 of the lease provided for payment of 12% interest on the

unpaid rent from the time the rent was due until it was paid. It further alleged that section 2001(i)

of the lease provided that M-OK Distribution was responsible for attorney fees incurred by

Layko in connection with the lawsuit. Layko requested damages in an amount in excess of

2 $132,000 for rent and expenses, interest on the unpaid rent, and attorney fees and costs of

litigation.

¶6 M-OK Distribution failed to answer the complaint and Layko moved for a default

judgment. The court granted the motion and set the matter for a hearing to prove up damages.

Layko filed an affidavit providing that the amounts due to it were $138,711.13 in unpaid rent,

late charges, interest, and costs related to the property, $2,337.50 in attorney fees, and $365 in

court costs. The court entered judgment against M-OK Distribution for a total of $144,913.60,

which was comprised of $142,211.13 for damages, $2,337.50 for attorney fees, and $365 for

court costs. 2 The judgment order appears to have been submitted by Layko’s counsel. It does not

provide for postjudgment interest or otherwise indicate that any further interest will be incurred

at the contractual rate. The judgment order likewise does not provide for or otherwise indicate

additional attorney fees are part of the judgment.

¶7 Layko filed citations to discover assets against Miceli and O’Keefe in 2016 and against

M-OK Freight in 2018. The citation against Miceli and O’Keefe indicated that the balance due

was $144,913.60 plus interest. The citation against M-OK Freight indicated that the balance due

was $144,813.603 plus interest, costs, and fees. Also in 2018, Layko filed a complaint against M-

OK Freight, Miceli, and O’Keefe (case No. 18-MR-750). It sought to pierce the corporate veil

against Miceli and O’Keefe and hold them liable for the judgment entered against M-OK

Distribution, as well as attorney fees and pre- and postjudgment interest. Layko further sought

2 We note that the sum of the numbers listed for damages, attorney fees, and court costs is $144,913.63 rather than $144,913.60; however, we state the total judgment as $144,913.60 because that is what the judgment order indicates is the total award. 3 Although this number appears incorrect, it is listed as it was on the citation.

3 successor liability against M-OK Freight to hold it liable for the judgment it obtained against M-

OK Distribution, as well as pre- and postjudgment interest and the costs of the action.

¶8 In January 2021, the court entered an order providing that Layko had a valid judgment

against M-OK Distribution in the amount of $144,913.60 and was entitled to recover that

amount, plus interest, accrued at the statutory rate. It further found that M-OK Freight was a

successor to M-OK Distribution and thus, liable for the judgment and interest. The order also

provided for Layko to file a petition for fees and costs.

¶9 Also in January 2021, Layko filed an application for fees and costs, seeking an order

awarding it a total of $685,533, comprised of: (1) the judgment amount of $144,913;

(2) postjudgment interest of $119,845, which was calculated at 9% annual interest;

(3) postjudgment attorney fees of $241,822; (4) contractual interest at 12% on unpaid attorney

fees and costs in the amount of $28,231; (5) postjudgment accounting fees and costs in the

amount of $132,825; and (6) contractual interest at 12% on unpaid accounting fees and costs in

the amount of $16,718. 4 Layko argued that it was entitled to the fees and costs based upon

section 1601 of the lease, which provided for M-OK Distribution and now its successor, M-OK

Freight, to indemnify it for “all costs in any litigation to which Layko may be made a party.” M-

OK Freight opposed the motion, arguing that the contract merged into the judgment and that

section 1601 did not provide for fees and costs incurred postjudgment because those costs and

fees were not incurred in enforcing the lease but rather in enforcing the judgment. Layko

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2023 IL App (3d) 220203-U, Counsel Stack Legal Research, https://law.counselstack.com/opinion/layko-properties-v-m-ok-distribution-inc-illappct-2023.