Ng v. Poole

CourtUnited States Bankruptcy Court, N.D. California
DecidedFebruary 8, 2022
Docket20-04022
StatusUnknown

This text of Ng v. Poole (Ng v. Poole) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, N.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ng v. Poole, (Cal. 2022).

Opinion

U.S. BANKRUPTCY COURT a sy NORTHERN DISTRICT OF CALIFORNIA □ a □□ □□□□ Lis □□ | □□□ 2 The following constitutes the order of the Court. 3 Signed: February 8, 2022 LES Re SO oo 5 Charles Novack 6 U.S. Bankruptcy Judge 7 UNITED STATES BANKRUPTCY COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 10 || Inre: Case No. 19-42673 CN 11 | SHONDA TERESE POOLE, Chapter 7 12 Debtor.

13 = LAWRENCE NG, Adversary No. 20-4022 14 6 Plaintiff, © MEMORANDUM DECISION 3 15 || vs. Romi SHONDA TERESE POOLE,

17 Defendant. 5 18 2 19 This court conducted a trial in this adversary proceeding on December 13 and 15, 2021, and

|| all appearances were noted on the record. Plaintiff Lawrence Ng asserts that debtor and defendant

21 || Shonda Poole fraudulently induced him to loan her $36,000.00 and that his resulting damages - 22 || including his right to treble damages under California Civil Code §1719(a)(2) - are nondischargeab 23 || under Bankruptcy Code §§ 523(a)(2) and (a)(6). He also asserts that Poole’s Chapter 7 discharge 24 || should be denied under several provisions of Bankruptcy Code § 727(a). Poole denies the § 523(a) 25 || allegations and asserts that she is entitled to her Chapter 7 discharge. The following constitutes this 26 || court’s findings of fact and conclusions of law under Federal Rule of Bankruptcy Procedure 27 28 ORDER

1 7052(a)1. 2 Defendant Shonda Poole (“Poole”) is a twenty year veteran of San Francisco Muni who has 3 risen through the ranks and is now (since 2015) a Transportation Operational Manager. In or about 4 2011, Poole was promoted to a Transit Supervisor position, and she began working alongside 5 plaintiff Lawrence Ng (“Ng”) in one of Muni’s operational command posts. Despite Ng’s 6 protestations to the contrary during trial, Ng and Poole became friends. In or about March 2013, 7 Poole learned of an opportunity to purchase a small, assisted living facility in Oakland, California. 8 While Poole had developed an interest in the field while previously working at Kaiser Permanente, 9 she lacked the funds, education and experience to own and operate such a facility, and the deal, 10 according to Poole, never advanced beyond her inspection of the property and some preliminary 11 discussions with the owner. Notwithstanding the uncertain state of this transaction, Ng approached 12 Ng for a loan to help finance the purchase. Poole testified that after she inspected the property in 13 mid-March she asked Ng to loan her $30,000.00, which her real estate agent/business broker 14 recommended as “a good start” to pursue the sale. 15 After repeated requests, Ng loaned her the funds. Ng and Poole signed a promissory note 16 handwritten by Poole (the “Note”), and Ng gave Poole a personal check for $30,000 (the “Check”), 17 dated March 16, 2013. The Note required Poole to repay the loan via twelve monthly payments, due 18 on the first of each month. While the Note did not call for interest payments per se, Poole promised 19 to pay Ng 5% of the “Business profit for one year.” The Note also did not state when the monthly 20 payments would begin. The parties agreed, however, that Ng would give Poole a reasonable amount 21 of time before demanding repayment. Finally there is no dispute that the Note and Check were 22 executed on the same date, and that Poole deposited the Check on March 16th. 23 The parties agree on little else, however, regarding the logistics of this transaction. Poole 24 testified that Ng gave her the Check on March 13, 2013, and that her negotiations to purchase the 25 assisted care facility collapsed almost immediately thereafter. She stated that she then met with Ng 26 27 1 The court thanks the parties for the extensive factual admissions contained in their Pre- 28 Trial Order. 1 on or about March 16th, informed him that the deal had fallen through and offered to return the 2 Check to him. She further disclosed to him during this meeting that her finances were in disarray and 3 that she had bad credit. Poole testified that Ng refused to accept the Check and insisted that she 4 retain the funds to repair her credit and pay bills. Ng also informed her that he would (without further 5 explanation) “support her.” It was only after this meeting, she averred, that she deposited the Check 6 into her credit union account. Despite this substantial change in plans, Poole did not offer to amend 7 the Note, and she did not explain why Ng allegedly post-dated the Check. 8 Ng’s testimony is fundamentally different and more persuasive. Ng testified that the Note 9 was drafted and the funds exchanged while they were at work on March 16th. The sequence was as 10 follows: Ng agreed to make the loan, Poole drafted the Note, the parties signed it, he gave her the 11 Check, and she deposited it that same day. Ng testified that he loaned the money so that Poole could 12 purchase the assisted care facility, and that he would not have loaned the funds if he had known that 13 the deal had collapsed. He testified that the alleged second meeting never occurred and Poole a) 14 never informed him that the deal had fallen through before he signed the Note and Check, b) never 15 informed him that she had bad credit before he signed the Note and Check, and c) never offered to 16 return the Check. If Ng’s recollection is correct, Poole’s failure to disclose the transaction’s collapse 17 was a glaring omission. 18 Poole also did not, at this time, inform Ng of her gambling problem.2 Poole’s credit union 19 account statements indicate that she spent the loan proceeds over the course of several months, often 20 via cash withdrawals in even amounts. While Poole testified that she used this money to pay “bills,” 21 she did not remember the creditors’ names or why she needed to withdraw cash to pay them. Ng 22 testified that he would not have loaned the money had he known of Poole’s bad credit and gambling 23 habit. 24 The $30,000 loan was the first of three loans that Ng made to Poole. On June 16, 2015, 25 Poole borrowed an additional $5,000.00 from Ng. Poole informed Ng that she was buying a house 26 27 2 A significant amount of trial time was spent examining the scope of Poole’s gambling 28 compulsion, which steadily worsened after 2013. 1 in Antioch, California and needed the money to pay her moving expenses. When Ng asked her if she 2 could borrow the funds from family, Poole informed him that they lacked the money to made the 3 loan. Ng testified that he reluctantly gave her a personal check for $5,000.00, dated June 16, 2015, 4 which Poole deposited the same day. The parties verbally agreed that Poole would repay the loan 5 (without interest) as soon as possible or upon demand if Ng waited a reasonable amount of time 6 before demanding repayment. While Poole apparently did move to Antioch in July 2015, her credit 7 union account statements disclose that Poole made numerous cash withdrawals during June 2015, 8 including several from casino ATMs.3 By this time, Ng had some inkling of Poole’s gambling. Ng 9 admitted that he visited a casino with Poole in March 2015, and that Poole asked him for money to 10 gamble during the trip. 11 Ng loaned Poole another $1,000 in July or August 2015 after Poole informed him that she 12 needed money to pay a traffic fine arising from her wrongful use of her boyfriend’s “disabled 13 person” placard. While Poole testified that the $1,000.00 was a gift, Ng testified that it was another 14 loan, made on the same terms as the $5,000 loan. This time, however, Poole requested that Ng make 15 the loan in cash. Once again, Poole’s July and August 2015 credit union statements disclose that she 16 regularly withdrew cash from these accounts, including several from casino ATMs.

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