Pennington Farms, LLC v. Corbin Materials, Inc.

CourtCourt of Appeals of Kentucky
DecidedMay 27, 2021
Docket2019 CA 001814
StatusUnknown

This text of Pennington Farms, LLC v. Corbin Materials, Inc. (Pennington Farms, LLC v. Corbin Materials, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Pennington Farms, LLC v. Corbin Materials, Inc., (Ky. Ct. App. 2021).

Opinion

RENDERED: MAY 28, 2021; 10:00 A.M. NOT TO BE PUBLISHED

Commonwealth of Kentucky Court of Appeals

NO. 2019-CA-1814-MR

PENNINGTON FARMS, LLC APPELLANT

APPEAL FROM WHITLEY CIRCUIT COURT v. HONORABLE PAUL K. WINCHESTER, JUDGE ACTION NO. 13-CI-00140

CORBIN MATERIALS, INC. AND APPELLEES WILLIAM “BILL” PENNINGTON

OPINION AFFIRMING

** ** ** ** **

BEFORE: CLAYTON, CHIEF JUDGE; ACREE AND TAYLOR, JUDGES.

CLAYTON, CHIEF JUDGE: Appellant, Pennington Farms, LLC (“Pennington

Farms”), appeals the Whitley Circuit Court’s order granting summary judgment in

favor of the Appellees, Corbin Materials, Inc. and William “Bill” Pennington

(“Corbin Materials”). Following a careful review of the record and the law, we

affirm. BACKGROUND

This case involves a dispute over the sale of real property between

Pennington Farms and Corbin Materials. On May 16, 2005, Corbin Materials

conveyed to Pennington Farms approximately 400 acres of real property located in

Whitley County, Kentucky.

An affidavit of value was signed by Bill Pennington, as President of

Corbin Materials, and by Harold Pennington, as Manager of Pennington Farms,

and included within the recorded deed to the property.1 Pennington Farms, through

Harold Pennington, executed a promissory note, dated May 16, 2005, in favor of

Corbin Materials, Inc. in the principal amount of $480,000.00. The terms of the

promissory note read as follows:

PENNINGTON FARMS, LLC, for value received, promise [sic] to pay to the Order of CORBIN MATERIALS, INC., the sum of Four Hundred Eighty Thousand Dollars ($480,000.00), plus interest at the rate of 4.5 percent per annum until paid. Said promissory note shall be paid on demand.

In the event of default on payment of this note, the maker shall be liable for all court costs and reasonable attorney fees.

1 The property was conveyed by general warranty deed, which was recorded in the Office of the Whitley County Court Clerk. The consideration stated in the deed and affidavit of value was $480,000.

-2- On March 7, 2013, Corbin Materials filed a complaint alleging that Pennington

Farms had defaulted on the promissory note after Corbin Materials had called the

note due and Pennington Farms failed to pay the debt in full. Although Corbin

Materials attached the recorded deed and affidavit of value to its complaint, the

promissory note was not attached.

Corbin Materials filed a motion for summary judgment on October 9,

2015.2 Pennington Farms filed a response to the motion and attached a supporting

affidavit of Alice Crawford. In her affidavit, Crawford stated that she was the

sister of Bill Pennington and daughter of Harold Pennington. Further, Crawford

stated that she was familiar with Harold Pennington’s handwriting and signature,

and the signature on the promissory note at issue did not appear to be that of

Harold Pennington. The circuit court did not enter an order addressing the motion

for summary judgment.

On February 4, 2019, Corbin Materials filed an amended motion for

summary judgment. Thereafter, following a hearing, the circuit court granted

summary judgment in favor of Corbin Materials. This appeal followed.

2 Corbin Materials attached a copy of the promissory note to its verified motion for judgment filed on July 3, 2013. In the motion, Corbin Materials alleged that the promissory note was only a copy and not the original because “Harold Pennington, now deceased, had the original.”

-3- STANDARD OF REVIEW

Summary judgment is appropriate where “the pleadings, depositions,

answers to interrogatories, stipulations, and admissions on file, together with the

affidavits, if any, show that there is no genuine issue as to any material fact and

that the moving party is entitled to a judgment as a matter of law.” Kentucky Rule

of Civil Procedure (“CR”) 56.03. Summary judgment should be granted when it

appears impossible for the nonmoving party to produce evidence at trial warranting

a judgment in his favor. Steelvest, Inc. v. Scansteel Service Center., Inc., 807

S.W.2d 476, 482 (Ky. 1991). The party opposing a summary judgment motion

“cannot defeat it without presenting at least some affirmative evidence showing

that there is a genuine issue of material fact for trial.” Id.

On appeal, we consider whether the trial court erred in finding no

genuine issue of material fact exists and the moving party was entitled to judgment

as a matter of law. Scifres v. Kraft, 916 S.W.2d 779, 781 (Ky. App. 1996).

Furthermore, because factual findings are not at issue, our review is de novo and

we owe no deference to the conclusions of the trial court. Pinkston v. Audubon

Area Community Services, Inc., 210 S.W.3d 188, 189 (Ky. App. 2006).

-4- ANALYSIS

Before we address the merits of Pennington Farms’ appeal, we must

first note that Appellees failed to file a brief. In a case where an appellee does not

file a brief, the Court is provided three options under CR 76.12(8)(c):

(i) accept the appellant’s statement of the facts and issues as correct; (ii) reverse the judgment if appellant’s brief reasonably appears to sustain such action; or (iii) regard the appellee’s failure as a confession of error and reverse the judgment without considering the merits of the case.

“The decision as to how to proceed in imposing such penalties is a matter

committed to our discretion.” Roberts v. Bucci, 218 S.W.3d 395, 396 (Ky. App.

2007) (citation omitted). In this case, pursuant to CR 76.12(8)(c)(i), we choose to

accept Pennington Farms’ statement of facts and issues as correct.

Pennington Farms raises three issues on appeal: (1) whether Harold

Pennington signed the promissory note; (2) whether the intent of the parties was

“merely to make a paper transaction for tax purposes” in making the promissory

note; and (3) whether the promissory note was “returned to the maker because the

liability was extinguished and satisfied.” We will address the issues seriatim.

As to the issue of whether Harold Pennington signed the promissory

note, Pennington Farms argues that the circuit court erred in finding that the

affidavit of Alice Crawford did not create a genuine issue of material fact

regarding the validity of Harold Pennington’s signature. The circuit court held that

-5- there was no credible evidence to support Pennington Farms’ claim that Harold

Pennington’s signature on the promissory note was forged. We agree.

In determining there was no genuine issue of material fact, the circuit

court relied upon numerous pieces of evidence presented by Corbin Materials. The

circuit court considered the affidavit of value and recorded deed for the subject

property, both of which were signed by Bill and Harold Pennington and duly

notarized — the authenticity of which is not disputed. The circuit court also

considered the affidavits and attachments proffered by Corbin Materials in support

of its motions for summary judgment. Specifically, Corbin Materials provided its

2013 and 2014 financial statements, both of which noted an asset titled “Loan

receivable – Pennington Farms, LLC” in the amount of $479,151. Corbin

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Related

Steelvest, Inc. v. Scansteel Service Center, Inc.
807 S.W.2d 476 (Kentucky Supreme Court, 1991)
Commonwealth v. R.J. Corman Railroad
116 S.W.3d 488 (Kentucky Supreme Court, 2003)
Pinkston v. Audubon Area Community Services, Inc.
210 S.W.3d 188 (Court of Appeals of Kentucky, 2006)
Roach v. Commonwealth
313 S.W.3d 101 (Kentucky Supreme Court, 2010)
Hampton v. Commonwealth
133 S.W.3d 438 (Kentucky Supreme Court, 2004)
Calhoun v. CSX Transportation, Inc.
331 S.W.3d 236 (Kentucky Supreme Court, 2011)
Roberts v. Bucci
218 S.W.3d 395 (Court of Appeals of Kentucky, 2007)
Hadley v. Citizen Deposit Bank
186 S.W.3d 754 (Court of Appeals of Kentucky, 2005)
Scifres v. Kraft
916 S.W.2d 779 (Court of Appeals of Kentucky, 1996)
Bailey v. Bailey
399 S.W.3d 797 (Court of Appeals of Kentucky, 2013)

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