Okorie v. PriorityOne Bank

CourtUnited States Bankruptcy Court, S.D. Mississippi
DecidedSeptember 30, 2025
Docket25-06008
StatusUnknown

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

Bluebook
Okorie v. PriorityOne Bank, (Miss. 2025).

Opinion

SO ORDERED, Fs □ Ay Sptharin Tn Sans eal, gf iz Judge Katharine M. Samson ON ee aS United States Bankruptcy Jud a dg Gale Stats Bankrupt ui STRICT The Order of the Court is set forth below. The docket reflects the date entered. UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF MISSISSIPPI IN RE: IKECHUKWU H. OKORIE CASE NO. 19-50379-KMS DEBTOR CHAPTER 7 IKECHUKWU HYGINUS OKORIE | PLAINTIFF V. | ADV. PROC. NO. 25-06008-KMS PRIORITYONE BANK | DEFENDANT IKECHUKWU HYGINUS OKORIE | PLAINTIFF V. | ADV. PROC. NO. 25-06013-KMS PRIORITYONE BANK | DEFENDANT IKECHUKWU HYGINUS OKORIE | PLAINTIFF V. | ADV. PROC. NO. 24-06027-KMS PRIORITYONE BANK, DEREK HENDERSON | DEFENDANTS OPINION AND ORDER DISMISSING ADVERSARY PROCEEDINGS! The Complaints in each of these adversary proceedings were filed by Debtor Ikechukwu Hyginus Okorie against PriorityOne Bank. Because the issues in each case are similar, the Court addresses the dismissal of the adversary proceedings in a single order. Electronic case filing document numbers in the adversary proceedings are generally designated as “Adv. No. 25-06008, Dkt. _,” “Adv. No. 25-06013, Dkt. No. __,” and “Adv. No. 24-06027, Dkt. No. _.” See The Bluebook: A Uniform System of Citation R. B17.1.4, at 25-27 (Columbia L. Rev. Ass’n et al. eds., 22d ed. 2025). Document numbers in the underlying bankruptcy case No. 19-50379 are designated as“Dkt. No.”

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Three adversary proceedings filed by Debtor Ikechukwu Okorie against PriorityOne Bank are currently pending: Adversary No. 25-06008-KMS; Adversary No. 25-06013-KMS; and Adversary No. 24-06027-KMS. The following motions are before the Court: (1) Motion to Dismiss – Adv. No. 25-06008 • Motion to Dismiss by PriorityOne (Adv. No. 25-06008, Dkt. No. 6), • Brief in support of the Motion (Adv. No. 25-06008, Dkt. No. 7), • Response by Okorie (Adv. No. 25-06008, Dkt. No. 9). • A hearing was held on the Motion to Dismiss on July 17, 2025, at which time the Court took the matter under advisement. See Min. Entry, Adv. No. 25-06008, Dkt. No. 73; Hr’g Tr., Adv. No. 25-06008, Dkt. No. 88).

(2) Motion to Dismiss – Adv. No. 25-06013 • Motion to Dismiss by PriorityOne (Adv. No. 25-06013, Dkt. No. 16), • Brief in support of the Motion (Adv. No. 25-06013, Dkt. No. 17), • Opposition by Okorie (Adv. No. 25-06013, Dkt. No. 20). • A hearing was held on that Motion to Dismiss on September 17, 2025, and the Court took the matter under advisement. See Min. Entry, Adv. No. 25-06013, Dkt. No. 30.

(3) Motion to Amend – Adv. No. 25-06008 • Okorie’s Motion for Leave to Amend Adversary Complaint (Adv. No. 25-06008, Dkt. No. 35), • PriorityOne Bank’s Response (Adv. No. 25-06008, Dkt. No. 41). • The motion was heard on July 17, 2025, and the Court took the matter under advisement. See Min. Entry, Adv. No. 25-06008, Dkt. No. 72.

(4) Motion to Reinstate – Adv. No. 24-06027 • Motion to Reinstate Adversary Proceeding by PriorityOne and Derek Henderson (Adv. No. 24-06027, Dkt. No. 27), • Okorie’s Response in Opposition (Adv. No. 24-006027, Dkt. No. 28). • A hearing was held on the Motion to Reinstate on September 17, 2025, at which time the Court took the matter under advisement. See Min. Entry, Adv. No. 24-06027, Dkt. No. 34.

In his opposition to PriorityOne’s motion to reinstate Adversary No. 24-06027, Okorie admitted the proceeding arose “from claims related to [PriorityOne and Henderson’s] alleged misconduct in connection with [Okorie’s] bankruptcy estate, including wrongful foreclosure and related matters, which overlap with issues in [Okorie’s] prior and ongoing proceedings.” Adv. No. 24-06027, Dkt. No. 28 at 2. He acknowledged that the stay of that adversary was “imposed due to the pendency of the appeal … which challenges the dismissal of substantially similar claims in Adversary No. 23-06019-KMS.” Id. Okorie succinctly stated that reinstatement “would burden the Court and parties with parallel litigation on intertwined issues” and would “risk inconsistent rulings, and . . . forc[e] duplicative litigation.” Id. at 2, 4. On these principles, the Court agrees. As explained below, all three adversary proceedings should be dismissed under the doctrine of res

judicata that precludes relitigation of matters already decided, and the motions to reinstate adversary and to amend complaint should be denied. I. Jurisdiction The Court has jurisdiction over the subject matter and the parties to these proceedings under 28 U.S.C. § 1334. These matters are core proceedings under 28 U.S.C. § 157(b).2 II. Background A. Each Adversary Proceeding was Filed by Okorie Against PriorityOne Bank. In the complaints in each of the three adversary proceedings, Okorie alleges wrongful actions by PriorityOne, and in one case its counsel Derek Henderson, related to a loan secured by

and foreclosure of 908 W. Pine Street, Hattiesburg, Mississippi. Similarly, in a prior adversary proceeding against PriortyOne and Henderson, Okorie alleged violations of the automatic stay and improper foreclosure of the same property. See Adv. No. 23-06019-KMS, Dkt. No. 1. That action ended in dismissal with prejudice. See Order Dismissing Compl., Adv. No. 23-06019-KMS, Dkt. No. 33. The prior adversary proceeding was initiated in the bankruptcy court, while the three

2 See also Referral Order, Adv. No. 25-06008-KMS, Dkt. No. 1 at 7-10 (indicating that wrongful foreclosure claim including violation of stay constitutes core proceeding); Referral Order, Adv. No. 25-06013, Dkt. No. 1 at 2 (this action implicates core proceedings); Referral Order, Adv. No. 24-06027-KMS, Dkt. No. 1 at 2 (same). current proceedings were initiated in state court or district court but ultimately referred to this Court. Following is a comparison of the four proceedings. ADVERSARY PROCEEDING COMPARISON TABLE

Description: Adv. No. Adv. No. Adv. No. Adv. No. (Who What When 23-06019 25-06008 25-06013 24-06027 Where)

Complaint Filed 7-25-23 11-20-24 5-5-25 3-18-24 Parties Ikechukwu Ikechukwu Ikechukwu Ikechukwu Hyginus Okorie Hyginus Okorie Hyginus Okorie Hyginus Okorie v. v. v. v. PriorityOne Bank, PriorityOne Bank PriorityOne Bank PriorityOne Bank, Kimberly R. Lentz, Derek Henderson, Derek A. Henderson attorney for PriorityOne Bank

Court Bankruptcy Chancery Chancery District (S.D. Miss.) (Forrest County, (Forrest County, (S.D. Miss.) Miss.) Miss.) (No. 2:24-cv- (No. 24-cv-623- (No. 25-cv-243- 00047-KS-MTP) SM) SM)

11-25-24 Removed 5-20-25 Removed to District Court to District Court (S.D. Miss.) (S.D. Miss.) (No. 2:24-cv- (No. 2:25-cv- 00181-HSO-BWR) 00065-KS-MTP)

Referral to 5-1-25 6-18-25 9-11-24 Bankruptcy from (J. Ozerden) (J. Starrett) (J. Starrett) District Court 5-12-25 – Motion 2-19-25 - Appeal of to Reconsider Referral Order Referral Denied by Dismissed by 5th District Court3 Cir.4

Causes Count I: Injunctive Count I: Count I: Count I: of Action Relief for Violation of Wrongful Wrongful Violation of the Automatic Stay Foreclosure of Foreclosure (of Real Estate Against PriorityOne property located at 908 W. Pine Settlement Bank and Derek A. 908 W. Pine Street Street, Procedures Act Henderson (regarding in violation of Hattiesburg, foreclosure of 908 W. automatic stay in Mississippi Count II: Pine Street) property)

3 See Order Den. Mot. Recons., Okorie v. PriorityOne Bank, No. 2:24-cv-181-HSO-BWR, Dkt. No. 23 (S.D. Miss. May 12, 2025).

4 See Okorie v. PriorityOne Bank, No. 24-60472, Dkt. Nos. 27, 28 (5th Cir. Feb. 19, 2025), mandate issued (Mar. 13, 2025).

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