Panagakos v. Collins

956 N.E.2d 226, 80 Mass. App. Ct. 697, 2011 Mass. App. LEXIS 1342
CourtMassachusetts Appeals Court
DecidedOctober 27, 2011
DocketNo. 10-P-1006
StatusPublished
Cited by4 cases

This text of 956 N.E.2d 226 (Panagakos v. Collins) is published on Counsel Stack Legal Research, covering Massachusetts Appeals Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Panagakos v. Collins, 956 N.E.2d 226, 80 Mass. App. Ct. 697, 2011 Mass. App. LEXIS 1342 (Mass. Ct. App. 2011).

Opinion

Hanlon, J.

The defendant Walter Collins (Collins) leased property for his restaurant business, McWal, Inc. (McWal), from the plaintiff, Michael Panagakos, for several years. During the course of renegotiating the lease, Collins gave Panagakos a personal written guaranty. A little more than a year later, the restaurant closed and the defendant left the premises with three and one-half years left on the lease. Panagakos sued Collins to recover for breach of the written guaranty and to set aside a fraudulent conveyance of real estate between the defendant and his wife. The trial judge, in careful findings, entered a judgment [698]*698against the defendants on both counts. In determining the damages owed, however, the judge considered what he found to be the plaintiff’s failure to mitigate his damages. Panagakos appeals, arguing the judge erred in addressing the issue of mitigation of damages at all, on the ground that the defendants had failed to plead it as a defense, and he argued further that the judge’s determination that he failed to mitigate was error.2 We reverse.

Background. In September, 1995, McWal leased from Panagakos a parcel of land in Dartmouth, together with a building and certain equipment, to use as a restaurant.3 The written lease, which provided for an initial term of five years, with the right to extend for three consecutive five-year periods, was signed by the defendant Walter Collins, in his capacity as president of McWal. The options to extend the lease were to be exercised by written notice to Panagakos at least six months prior to the expiration of the then-current lease term. The judge found that McWal failed to notify Panagakos in a timely manner of a desire to extend the lease in 2000. In December, 2000, the parties negotiated a new lease, at a higher rent, with an option to extend for a single additional five-year term. Walter Collins also executed a new guaranty.4

In 2005, McWal failed again to notify Panagakos in a timely manner that it wished to extend the lease. The parties exchanged written correspondence in January, 2006, in which they agreed to extend the lease from January 1, 2006, through December 31, 2010, at an annual base rent of $133,000. In March, 2007, [699]*699McWal failed to pay the monthly rent, and in April, 2007, Panagakos instituted a summary process action.5

Collins told Panagakos that he was interested in selling the restaurant; he also engaged an experienced broker, Paul Tollino, to market it. Panagakos indicated that he would agree to an assignment of the remaining three and one-half years of the lease, provided McWal remained current on the rental payments until an assignment could be made. McWal’s attorney contacted Panagakos’s attorney in May to accept those conditions.

Tollino located a potential buyer for both restaurants, see note 3, supra, but Panagakos deemed the buyer an unacceptable tenant and the offer fell through. Tollino found a second party, Michael Barrett, who was interested in purchasing both the Fall River and Dartmouth restaurant operations, and Panagakos was satisfied with his financial information. Barrett, however, was concerned with the condition of the Dartmouth restaurant and informed Tollino that repairs were needed to the parking lot, the roof, the air conditioning system, a leaky front door, and some rotted wood. In June, 2007, through attorneys, Panagakos and Barrett discussed the repairs, but Panagakos indicated that they were not his responsibility and that he would only agree to lease the building “as is.”6

Barrett offered to purchase both restaurants for $300,000, but given the anticipated $400,000 in repairs that were required at the Dartmouth restaurant, he was unwilling to complete the deal unless the lease term was longer than the remaining three and [700]*700one-half years.7 Tollino asked Panagakos if he would extend the term of the lease to fifteen to twenty years, but Panagakos would agree only to allow Barrett to finish the unexpired term under the existing lease; he would consider an extension only thereafter. Tollino was unsuccessful in his attempts to arrange a meeting among Barrett, Panagakos, and himself,8 and, in the end, Barrett decided not to purchase the Dartmouth restaurant operation. He did buy the Fall River restaurant.

In June, McWal again failed to pay the rent and Panagakos’s attorney informed Collins in writing that Panagakos would hold Collins personally liable under the guaranty he had signed. On June 20, 2007, the parties executed an agreement for judgment in the summary process action. The parties agreed at the time that Panagakos was owed $32,417 in damages. Under the terms of the agreement for judgment, McWal “ acknowledge[d] that additional damages [might] accrue under the lease and that th[e] judgment [did] not preclude [Panagakos] from claiming those future damages.”9

[701]*701After McWal vacated the Dartmouth premises on June 25, 2007, Panagakos did not lease it to any other tenant. He posted a sign at the building noting that the property was available for lease, and he occasionally received calls from interested parties. Aside from the monthly rent, Panagakos incurred other damages due to McWal’s default on the lease, including unpaid water, sewer, and electric bills, plumbing charges to “winterize” the building, landscaping and lawn mowing charges, and cleaning charges after McWal vacated the building. McWal has made no further payments to Panagakos, but Panagakos was in possession of McWal’s $14,500 security deposit at the time of the default. McWal has no further assets and has filed for bankruptcy.

The judge found that if Panagakos wished to hold McWal and, therefore, Collins, liable for future damages, “he was under an affirmative duty to make reasonable efforts to mitigate those future damages . . . including] ensuring that the premises are in repair as well as leasing for a term of sufficient length to attract a worthwhile tenant.” Because of what the judge described as a failure to act reasonably to mitigate, he ruled that Panagakos could only “recover damages that he would have incurred had he accepted the reasonable alternative of leasing to Barrett.” The judge found that amount would be two months rent.10

Discussion, a. Standard of review. On review of a jury-waived trial, “[t]he findings of fact of the judge are accepted unless they are clearly erroneous,” and “[w]e review the judge’s legal conclusions de novo.” T.W. Nickerson, Inc. v. Fleet Natl. Bank, 456 Mass. 562, 569 (2010). See Twin Fires Inv., LLC v. Morgan Stanley Dean Witter & Co., 445 Mass. 411, 420 (2005). “A finding is ‘clearly erroneous’ when although there is evidence to support it, the reviewing court on the entire evidence is left [702]*702with the definite and firm conviction that a mistake has been committed. ... On the other hand, to ensure that the ultimate findings and conclusions are consistent with the law, we scrutinize without deference the legal standard which the judge applied to the facts. . . . Thus, the ‘clearly erroneous’ standard of appellate review does not protect findings of fact or conclusions based on incorrect legal standards.” (Citations omitted.) Kendall v. Selvaggio, 413 Mass. 619, 620-621 (1992).

b.

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Bluebook (online)
956 N.E.2d 226, 80 Mass. App. Ct. 697, 2011 Mass. App. LEXIS 1342, Counsel Stack Legal Research, https://law.counselstack.com/opinion/panagakos-v-collins-massappct-2011.