Palmetto RTC

CourtCourt of Appeals of North Carolina
DecidedMay 21, 2025
Docket24-911
StatusPublished

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Bluebook
Palmetto RTC, (N.C. Ct. App. 2025).

Opinion

IN THE COURT OF APPEALS OF NORTH CAROLINA

No. COA24-911

Filed 21 May 2025

Union County, No. 21CVS002756

PALMETTO RTC, LLC, Plaintiff,

v.

BETH FIELDEN, BRUCE FIELDEN, & THE ESTATE OF JOE FIELDEN with Beth Fielden and Bruce Fielden as Co-Executors, Defendants.

Appeal by defendant from judgment entered 12 January 2024 by Judge

Jonathan W. Perry in Union County Superior Court. Heard in the Court of Appeals

30 April 2025, sitting in the historic Cumberland County Courthouse, Fayetteville.

Rayburn Cooper & Durham, PA, by Ashley B. Oldfield, and G. Kirkland Hardymon, for the plaintiff-appellant.

Wilder Pantazis Law Group, by Raboteau Wilder, Jr., for the plaintiff- appellant.

Thurman, Wilson, Boutwell & Galvin, P.A., by W. David Thurman, for the defendant-appellees.

TYSON, Judge.

Palmetto RTC, LLC (“Palmetto”) appeals the trial court’s dismissal of its

unjust enrichment claim and denial of its motion for judgment notwithstanding the

verdict and alternatively for a new trial. We affirm the trial court’s dismissal of the

unjust enrichment claim and the denial of Palmetto’s motion for judgment

notwithstanding the verdict. We reverse the trial court’s judgment in part, award a PALMETTO RTC, LLC V. FIELDEN

Opinion of the Court

new trial on Defendants’ slander of title counterclaim, and remand.

I. Background

Beth and Bruce Fielden individually, and as executors of the Estate of Joe

Fielden (collectively, the “Fieldens”), own approximately sixty-one acres of

undeveloped land on Secrest Shortcut Road in Union County as tenants in common.

They sought to sell the property, while retaining a life estate for their father, Joe

Fielden, on a small portion of the property.

Palmetto engages in the business of entitling and enhancing raw land for

resale to third-party developers, structuring the transactions to close and re-sell the

property on the same day. Beth Fielden met with an associate of Palmetto, who told

her Palmetto was interested in buying the property.

The parties entered into a series of four contracts for the purchase and sale of

the property, providing for a closing date of 30 June 2021 and a contract expiration

date of 15 July 2021. The Fieldens informed Palmetto the closing date would not be

extended again. Palmetto had entered into a purchase agreement with American

Homes for Rent to sell the property to them, combined with a neighboring parcel, for

approximately $4.5 million. Palmetto claimed it was ready, willing, and able to close;

however, the record reflects American Homes for Rent, Palmetto’s purchaser, did not

provide authorization to close and performance was never tendered.

The closing and expiration dates passed. The Fieldens notified Palmetto of the

contract’s expiration on 4 August 2021 and reiterated the contract’s termination on

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19 August 2021. The Fieldens signed a letter of intent to sell their property to

Meritage, a different developer, on 22 September 2021, and they also explored a sale

of the timber.

Palmetto filed suit against the Fieldens asserting claims arising from the failed

real estate transaction. Palmetto also filed a notice of lis pendens concerning the

Fieldens’ property in the Union County Clerk of Superior Court on 28 September

2021. The Fieldens answered and asserted a counterclaim for, inter alia, slander of

title.

The trial court granted the Fieldens’ motion to dismiss Palmetto’s unjust

enrichment claim based upon the parties’ stipulation to the existence of an express

contract. The jury found in favor of the Fieldens on the validity and Palmetto’s breach

of the express contract claim with default of the earnest money, and for their slander

of title counterclaim with an award of $152,001 in damages. The trial court denied

Palmetto’s motion for JNOV or, in the alternative, for a new trial. Palmetto appeals.

II. Jurisdiction

Jurisdiction lies in this Court pursuant to N.C. Gen. Stat. § 7A-27(b) (2023).

III. Issues

Palmetto argues the trial court erred by dismissing its unjust enrichment

claim, submitting the statutory slander of title claim under the Real Property

Marketable Title Act to the jury, and denying its motion for JNOV, and alternatively,

for a new trial. See N.C. Gen. Stat. § 47B-6 (2023).

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IV. Unjust Enrichment

The trial court granted the Fieldens’ motion to dismiss Palmetto’s quantum

meruit/unjust enrichment claim because the parties had stipulated to the existence

of an express contract. Palmetto objected to the ruling and now contends the

dismissal was erroneous because the express contract did not cover the same subject

matter as its claim for quantum meruit or unjust enrichment.

A. Standard of Review

“The standard of review of directed verdict is whether the evidence, taken in

the light most favorable to the non-moving party, is sufficient as a matter of law to

be submitted to the jury.” Green v. Freeman, 367 N.C. 136, 140, 749 S.E.2d 262, 267

(2013) (citation omitted).

B. Analysis

When an enforceable express contract covering the same subject matter exists

between the parties, quantum meruit recovery is barred. Veto Concrete Co. v. Troy

Lumber Co., 256 N.C. 709, 713, 124 S.E.2d 905, 908 (1962) (an express contract

precludes an implied contract with reference to the same matter). This canon is well-

established in case law:

An express contract, executory in its provisions, must totally exclude any such implication [recovery under an implied contract is available]. One party agreed, in consideration of the other to pay, to render the service; the other, in consideration of the promise to render the service, agrees to pay. One is the consideration and motive for the other, and each equally excludes any other consideration,

-4- PALMETTO RTC, LLC V. FIELDEN

motive, or promise.

Id. at. 715, 124 S.E.2d at 909 (citation omitted).

Here, the parties stipulated the existence of an express contract for the

purchase and sale of the property. The parties’ contract further contemplated the

development of the property. Section 3(a) states, “It is recognized by both Buyer and

Seller that there is located on the property a cemetery . . . which shall be isolated

from development.” (emphasis supplied). Section 5 of the contract states, “It is

understood that the Seller has granted the Buyer proper time for the property to be

rezoned and approved and permitted for development by the City Council of Monroe,

NC,” and the contract reserves a life estate for Joe Fielden to remain “undisturbed

during development.” (emphasis supplied).

Palmetto’s planned entitlement and development of the property was clearly

contemplated by the contract and constituted part of its consideration and

performance, rather than a separate and unrelated service. The Fieldens entered

into the contract with the understanding Palmetto would seek to entitle and further

develop the property, and they cooperated with Palmetto during the entitlement

process.

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Palmetto RTC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/palmetto-rtc-ncctapp-2025.