Mueller Brass Co. v. David Crompton

Court of Appeals for the Sixth Circuit·Decided July 28, 2026·No. 25-5621·Unpublished

Opinion

NOT RECOMMENDED FOR PUBLICATION File Name: 26a0339n.06

Case No. 25-5621

UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT FILED ) Jul 28, 2026 MUELLER BRASS COMPANY, KELLY L. STEPHENS, Clerk ) Plaintiff – Appellee, ) ) v. ) ON APPEAL FROM THE ) DAVID CROMPTON, UNITED STATES DISTRICT ) COURT FOR THE WESTERN Defendant – Third Party Plaintiff – Appellant, ) DISTRICT OF TENNESSEE ) ) OPINION MUELLER INDUSTRIES, INC. ) ) Third-Party Defendant – Appellee. )

Before: GIBBONS, MURPHY, and HERMANDORFER, Circuit Judges.

JULIA SMITH GIBBONS, Circuit Judge. This litigation began in 2020 when Quick

Fitting defaulted on three loans owned by Mueller Brass and entered receivership proceedings.

Shortly after Quick Fitting’s default, David Crompton, Quick Fitting’s CEO and majority

shareholder, failed to pay Mueller pursuant to his personal guaranty on one of the loans, referred

to as the Antipodes Loan. Mueller subsequently brought this action to enforce Crompton’s

guaranty in the Western District of Tennessee. Crompton responded by filing counterclaims and

third-party claims against Mueller and Mueller’s parent company, Mueller Industries, for, in

relevant part, breach of his guaranty, promissory fraud, fraudulent misrepresentation, negligent

misrepresentation, and breach of fiduciary duty.

Two phases of litigation and rulings followed. After the parties filed cross motions to

dismiss and for judgment on the pleadings, the district court ultimately dismissed most of No. 25-5621, Mueller Brass Co. v. Crompton

Crompton’s claims against Mueller and Mueller Industries. The district court also partially granted

Crompton’s motion for judgment on the pleadings. Relevant here, it concluded that Mueller had

misallocated Quick Fitting’s settlement proceeds from the receivership proceedings by allocating

them in such a way that fully satisfied the principal of two other loans—the first-in-priority JPM

Loan and the third-in-priority Mueller Loan—but left the second-in-priority Antipodes Loan

underpaid by about $1 million. That result, the district court noted, left a shortfall in the only loan

subject to Crompton’s personal guaranty. To redress the misallocation, the district court required

Mueller to reallocate the proceeds consistently with an Intercreditor and Subordination Agreement,

which fully satisfied the principal of the JPM Loan and the Antipodes Loan. But because the court

found that the attorneys’ fees associated with enforcing the loans and claimed by Mueller were not

at issue, it did not decide how to allocate those fees.

At summary judgment, Crompton asked the district court to reallocate the settlement

proceeds again to cover Mueller’s attorneys’ fees pursuant to the Antipodes Loan’s second-in-

priority position. According to Crompton, all of Mueller’s attorneys’ fees associated with

recovering on the Antipodes Loan were ultimately the debt of Quick Fitting. Without deciding

that question, the district court concluded that, under the personal guaranty, Mueller could recover

from Crompton the attorneys’ fees and costs it incurred to enforce the Antipodes Loan during

Quick Fitting’s receivership proceedings and Crompton’s personal guaranty during the present

litigation.

Crompton now appeals, asking us to: (1) find the district court erred by not reallocating

Quick Fitting’s settlement proceeds to satisfy Mueller’s attorneys’ fees, thus discharging his

liability under the guaranty; (2) revive his claim for Mueller’s alleged breach of the personal

guaranty; (3) find the district court erred by dismissing his counterclaims and third-party claims

2 No. 25-5621, Mueller Brass Co. v. Crompton

against Mueller and Mueller Industries for lack of standing; and (4) impose sanctions on Mueller

for bad faith-litigation conduct. While we affirm the district court on the latter three grounds, we

hold that the district court did not adequately assess issues arising from Crompton’s request to

reallocate the proceeds to cover Mueller’s attorneys’ fees and so remand this issue to the district

court to decide in the first instance. Thus, we affirm in part, vacate in part, and remand for further

proceedings consistent with this opinion.

I.

A. Factual Background

Appellant David Crompton was the longtime President, CEO, and majority shareholder of

Quick Fitting, Inc. (Quick Fitting), a Rhode Island-based corporation. Appellee Mueller Brass

Company (Mueller), a wholly owned subsidiary of Appellee Mueller Industries, Inc. (Mueller

Industries), is a Memphis-based corporation that designs and supplies metal fittings. Between

2011 and 2020, Mueller maintained a business relationship with Crompton and Quick Fitting, in

which Mueller purchased various products from Quick Fitting and resold those products to

distributors, retailers, and consumers.

Quick Fitting began having financial problems in late 2019. Seeking to reverse course,

Quick Fitting signed two promissory notes to receive approximately $3 million from Antipodes

Acquisitions Limited (referred to collectively as the Antipodes Loan), a New Zealand-based

limited liability company. This loan was secured by all of Quick Fitting’s assets. The parties’

agreement provided that Quick Fitting would, if it defaulted on the Antipodes Loan, “pay all

reasonable and necessary costs and expenses actually incurred in connection” with the note

holder’s “exercise or endeavor to exercise any of its remedies hereunder or under [the] Loan

3 No. 25-5621, Mueller Brass Co. v. Crompton

Agreement or any agreements securing this Note,” “including without limitation, reasonable

attorneys’ fees.” DE 1-1, Antipodes Loan, Page ID 16, 23.

Quick Fitting then obtained a $4 million loan—secured by those same assets—from JP

Morgan Chase Bank (referred to as the JPM Loan). Before providing the JPM Loan, however, JP

Morgan insisted that it receive a first priority security interest in Quick Fitting’s assets. Antipodes

agreed to sign a subordination agreement that would give the JPM Loan first priority; however,

before doing so, it required Crompton to sign a personal guaranty of payment on the Antipodes

Loan.

Crompton executed the personal guaranty for the Antipodes Loan in September 2019. If

Quick Fitting defaulted on its obligations, the guaranty provided that Crompton’s personal liability

would “be primary, direct and immediate.” DE 1-2, Personal Guaranty, Page ID 58. It further

explained that Crompton’s obligation to “pay[] in accordance with the terms of [the] guaranty shall

not be impaired, modified, changed, released or limited . . . by any impairment, modification,

change, release or limitation” of Quick Fitting’s liability “in bankruptcy or reorganization.” Id. at

60. Crompton’s guaranty also provided that he would “reimburse the holder of the [Antipodes

Loan], upon demand, for all expenses incurred in connection therewith, including, without

limitation, reasonable attorneys’ fees,” if the holder enforced the guaranty “by suit or otherwise,

or if the” noteholder “exercise[d] or endeavor[ed] to exercise any of its remedies under the notes,

the loan agreement, the security documents or any instrument or agreement securing the notes or

this guaranty.” Id. at 63. Quick Fitting and Antipodes then amended the Antipodes Loan to reflect

these changes: first, that the Antipodes Loan was second-in-priority to the JPM Loan; second, that

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