Michael v. Stanard

2025 Ohio 741
CourtOhio Court of Appeals
DecidedMarch 6, 2025
Docket113916
StatusPublished
Cited by1 cases

This text of 2025 Ohio 741 (Michael v. Stanard) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Michael v. Stanard, 2025 Ohio 741 (Ohio Ct. App. 2025).

Opinion

[Cite as Michael v. Stanard, 2025-Ohio-741.]

COURT OF APPEALS OF OHIO

EIGHTH APPELLATE DISTRICT COUNTY OF CUYAHOGA

KAREN A. MICHAEL, :

Plaintiff-Appellant, : No. 113916 v.

MARGARET E. STANARD, ET AL., :

Defendants-Appellees. :

JOURNAL ENTRY AND OPINION

JUDGMENT: AFFIRMED RELEASED AND JOURNALIZED: March 6, 2025

Civil Appeal from the Cuyahoga County Court of Common Pleas Case No. CV-23-989333

Appearances:

ZAGRANS LAW FIRM LLC and Eric H. Zagrans, for appellant.

GALLAGHER SHARP LLP, Timothy T. Brick, and Maia E. Jerin, for appellees Margaret E. Stanard and Stanard & Corsi Co., LPA.

REMINGER CO., L.P.A., Brianna M. Prislipsky, Andrew J. Dorman, Holly Marie Wilson, and Melany A. Kotlarek, for appellees Stephen E.S. Daray and Rosenthal Lane LLC. MICHAEL JOHN RYAN, P.J.:

Plaintiff-appellant, Karen Michael (“Michael”), appeals the trial court’s

judgment granting defendants-appellees’, Margaret Stanard, Stanard & Corsi Co.,

L.P.A., Stephen Daray, and Rosenthal Lane LLC’s (collectively “appellees”), motions

for judgment on the pleadings. After a review of the facts and the law, we affirm.

This legal-malpractice action arises out of underlying divorce

proceedings between Michael and her former husband, David Miller (“Miller”).

Stanard represented Michael in the divorce and, in 2013, filed the underlying

divorce complaint. Stanard represented Michael until she withdrew as counsel in

September 2016. Daray represented Michael in the divorce action from January

through September 2016, when he withdrew from the representation. Thus,

appellees’ representation of Michael ended no later than September 2016.

In January 2015, Michael and Miller’s final decree of divorce was

entered into, incorporating the parties’ separation agreement. Pursuant to the

divorce decree, Miller was ordered to do the following: (1) pay spousal-support to

Michael in the amount of $15,000 per month for 240 months, from December 2014

through November 2034 for a total of $3.6 million (“monthly payments” or “current

support obligation”); (2) pay additional spousal-support to Michael in the amount

of $18,750 per quarter for twenty-four quarters for a total of $450,000 (“quarterly

payments” or “future support obligation”) beginning December 31, 2034 through

September 30, 2040; and (3) secure his spousal-support and other payment

obligations to Michael by assigning stock holdings and ownership interests in Ram Sensors, Inc. (“RAM”) to Michael and by executing a cognovit note and pledging his

stock as collateral. To effectuate the agreement, on January 22, 2015, Miller

executed a cognovit promissory note, promising to pay Michael the sum of

$450,000, an amount which corresponded to his future support obligation. Also on

January 22, 2015, Miller and Michael signed a pledge agreement, under which

Miller pledged his equity interest in RAM to Michael. Soon thereafter, Miller fell

behind on his monthly spousal-support payments.

Michael’s claims against appellees center on the last requirement in

the divorce decree — that Miller execute a cognovit note and pledge his stock as

collateral for his spousal-support obligations.

On September 23, 2016, one of Michael’s other attorneys (who is not

involved in this case) recorded a Uniform Commercial Code (“UCC”) financing

statement with the Ohio Secretary of State. This execution of the note and pledge

agreement satisfied Miller’s obligations under the divorce decree with respect to his

future support obligation. Michael now alleges that appellees breached their duties

of care by failing to secure a similar promissory note with respect to Miller’s current

support obligation. Michael further alleges that appellees breached their duties of

care by failing to record a UCC financing statement to secure Miller’s stock in RAM

as collateral and to record a perfected lien. According to Michael, this breach

occurred sometime between December 2015 and September 2016, but she did not

become aware of the breach until December 2022. In November 2015, Miller and Michael’s son, Cody Miller (“Cody”),

filed suit against Miller alleging he misappropriated funds from RAM (“Cody/Miller

lawsuit”). Cody and Miller eventually entered into a settlement agreement, which

required Miller to transfer his RAM stock to Cody, subject to Michael’s lien securing

Miller’s spousal-support obligation.

In May 2017, Michael filed a motion in the divorce case to have

Miller’s corporate stock transferred to her, as well as a motion for declaratory

judgment, which requested a determination that Miller had assigned his interest in

his stocks to her. Michael withdrew the motion in February 2018 and filed a motion

to intervene and vacate the judgment in the Cody – Miller lawsuit. In that motion,

Michael argued that the RAM stock secured all of Miller’s support obligations, both

current and future. The trial court denied the motion, which this court upheld,

finding that Michael had no interest in RAM stock relative to the current support

obligation. See Miller v. Miller, 2019-Ohio-1886, ¶ 36 (8th Dist.) (holding that

Michael’s interest in the action is as a lienholder and her interest in the stock

becomes due in 2034) and Michael v. Miller, 2021-Ohio-307, ¶ 48 (8th Dist.)

(finding that the record did not support a finding that the parties had executed a

note and pledge to cover the monthly payments).

In January 2019, Michael filed a complaint for declaratory judgment

in the divorce case, seeking the following declarations: (1) Miller’s ownership of

shares in RAM Sensors was to be ordered assigned and pledged to Michael and

secured all of Miller’s obligations under the divorce decree, including the monthly and quarterly payments; (2) Michael’s security and lien over Miller’s RAM stock

was not limited to the future support obligations but secured all his obligations to

her; (3) Michael’s rights and interest in the RAM stock was marital property;

(4) Miller and Cody would convey to Michael the shares of RAM stock Cody had

acquired from Miller; and (5) Cody would be required to pay to Michael the monthly

support payments due from Miller since April 13, 2017. Michael also requested

attorney’s fees.

Two things then happened. The trial court determined that Miller

was required to execute a cognovit note and stock pledge relevant to his current

support obligation and the domestic relations court held that Michael had an

equitable lien on Miller’s shares to secure those monthly support payments.

Miller appealed, and this court found the parties’ intent was to secure

both the quarterly and monthly spousal-support payments. Miller, 2021-Ohio-307,

at ¶ 45 (8th Dist.).

Miller appealed to the Ohio Supreme Court. The Court noted that

there was no dispute that Michael had a lien on RAM stock Miller transferred to

Cody to secure Miller’s future support obligation. Michael v. Miller, 2022-Ohio-

4543, ¶ 19. The issue, the Court determined, was whether Michael had an equitable

lien on Miller’s RAM stock securing his obligation to pay Miller’s current support

obligation. Id.

The Court found that this court erred in failing to consider the

cognovit note, stock-pledge agreement, and UCC statement as evidence of the parties’ intent to secure only the future support obligation. Id. at ¶ 29. Thus, the

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Estate of Kelley v. Wuliger & Wuilger, L.L.C.
2025 Ohio 2450 (Ohio Court of Appeals, 2025)

Cite This Page — Counsel Stack

Bluebook (online)
2025 Ohio 741, Counsel Stack Legal Research, https://law.counselstack.com/opinion/michael-v-stanard-ohioctapp-2025.