Pistone v. Carl

2020 IL App (1st) 181183-U
CourtAppellate Court of Illinois
DecidedSeptember 30, 2020
Docket1-18-1183
StatusUnpublished

This text of 2020 IL App (1st) 181183-U (Pistone v. Carl) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Pistone v. Carl, 2020 IL App (1st) 181183-U (Ill. Ct. App. 2020).

Opinion

2020 IL App (1st) 181183-U No. 1-18-1183 Second Division September 30, 2020

NOTICE: This order was filed under Supreme Court Rule 23 and may not be cited as precedent by any party except in the limited circumstances allowed under Rule 23(e)(1). ____________________________________________________________________________

IN THE APPELLATE COURT OF ILLINOIS FIRST DISTRICT ____________________________________________________________________________

CLAUDE PISTONE, ) Appeal from the ) Circuit Court of Plaintiff-Appellee/Cross-Appellant, ) Cook County. ) ) v. ) ) DAVID CARL, an Individual and d/b/a ) DACLA BUILDING, LLC, an Illinois ) No. 15 L1 0600 corporation; and P&S AUTO PARTS, INC., ) an Illinois corporation, ) ) Defendants-Appellants, ) ) (David Carl and DACLA Building, LLC, ) Honorable Defendants-Appellants/Cross- ) Thomas R. Mulroy, Jr., Appellees). ) Judge, presiding. ) ____________________________________________________________________________

JUSTICE COBBS delivered the judgment of the court. Justices McBride and Ellis concurred in the judgment.

ORDER No. 1-18-1183

¶1 Held: The trial court’s judgment is affirmed. As to defendant’s appeal, the trial court correctly (1) awarded compensatory damages to DACLA, (2) awarded punitive damages to plaintiff, and (3) denied defendant’s counterclaim for quantum meruit. As to plaintiff’s cross-appeal, the trial court correctly (1) denied plaintiff further compensatory damages and (2) granted defendant a set-off.

¶2 This appeal stems from a dispute in a decades-long business relationship between plaintiff,

Claude Pistone, and defendant, David Carl 1, who were joint owners of DACLA Building, LLC

(DACLA), a limited liability company that managed rental real estate. In 2015, plaintiff sued

defendant for breach of fiduciary duty in managing DACLA and defendant later filed a

counterclaim. Following a bench trial, the trial court found defendant liable for $134,737.66 in

compensatory damages and, after granting a set-off in the amount of $72,000, ordered defendant

to pay DACLA the balance of $62,737.66. The trial court also awarded plaintiff $40,000 in

punitive damages.

¶3 Both parties appeal from the trial court’s judgment. Defendant argues that the trial court

erred in awarding compensatory damages to DACLA and punitive damages to plaintiff and in not

awarding damages to defendant on his counterclaims. In his cross-appeal, plaintiff argues that the

trial court did not award him the full compensatory damages that he was owed and erred in

awarding defendant a set-off. For the following reasons, we affirm.

¶4 I. BACKGROUND

¶5 A. Complaint and Counterclaim

¶6 On October 19, 2015, plaintiff filed a two-count complaint against Carl, DACLA, and P&S

Auto Parts, Inc. (P&S Auto). The complaint requested a formal accounting of all money received,

spent, and distributed since 1987 and alleged that defendant breached his fiduciary duty by

1 Though the named defendants in this action are both Carl and DACLA, we refer to them separately, for clarity, as the parties have also done in their briefs.

-2- No. 1-18-1183

“converting for his own benefit and use no less than [$500,000] to the detriment and damage of

[plaintiff].” By way of relief, plaintiff requested $500,000 in compensatory damages and

$1,000,000 in “exemplary” damages.

¶7 In response, defendant filed an amended counterclaim alleging: (1) breach of fiduciary duty

(2) breach of contract; (3) quantum meruit for defendant’s management services; and (4) a set-off

for any damages owed to plaintiff. Defendant also asserted the following affirmative defenses: (1)

plaintiff has been paid for his interest in DACLA; (2) abandonment and forfeiture; (3) breach of

contract; (4) statute of repose; (5) laches; and (6) defendant is protected by the business judgment

rule. In his answer to the amended counterclaim, plaintiff denied each of the affirmative defenses.

¶8 B. Bench Trial

¶9 The action proceeded to a bench trial on March 6, 2018, during which the following

evidence was adduced.

¶ 10 Prior to 1983, plaintiff worked as a salesman for P&S Auto. Defendant served as both the

accountant for P&S Auto and as plaintiff’s personal accountant. In 1983, defendant and plaintiff

purchased P&S Auto from plaintiff’s brother-in-law, Phil Mercurio, with defendant owning 90%

and plaintiff owning the remaining 10%. In 1987, they purchased the property on which P&S Auto

was located, 6542-48 Milwaukee Avenue (the Milwaukee Avenue property), with each owning

50% of the property individually. The property was held in a land trust administered by Parkway

Bank & Trust. The DACLA partnership was formed in 1987 when the Milwaukee Avenue property

was purchased, but it was restructured as a limited liability company in 2007. The purpose of

DACLA was to maintain and manage the property on which P&S Auto was located.

¶ 11 In 2001, both defendant and plaintiff signed documents for a line of credit from First Equity

Bank secured by a mortgage on the Milwaukee Avenue property. As such, both parties became

-3- No. 1-18-1183

joint debtors on the loan. The loan was solely for the benefit for P&S Auto and was to be used to

purchase inventory so that P&S Auto could have buyer’s appeal to NAPA Auto Parts. The line of

credit was up to $249,000, but the total in withdrawals reached $278,975. Defendant was the only

person who made withdrawals on the loan. DACLA made payments to P&S Auto, which then

made payments on the loan to First Equity Bank, such that DACLA’s funds were used to pay P&S

Auto’s obligations. Plaintiff admitted that he did not know any of the details of the loan or the

payments and that he simply signed the documents defendant asked him to sign. Defendant sent

plaintiff Schedule K-1 tax documents annually reporting income from DACLA.

¶ 12 In 2003, defendant purchased plaintiff’s 10% interest in P&S Auto, making defendant the

sole owner. In 2005, defendant sold P&S Auto to NAPA Auto Parts. NAPA then paid monthly

rent to DACLA as a tenant of the Milwaukee Avenue property.

¶ 13 From 2008 to 2015, defendant withdrew $123,237.66 from DACLA for his own personal

use, such as purchasing a grill and a Sam’s Club membership. He also used the funds to pay his

property taxes, credit cards, and insurance. Defendant testified that he considered these expenses

to be his “management fee,” though there was no written agreement that he would receive a

management fee. DACLA never issued defendant a 1099 tax form for these personal expenses and

defendant did not include this information on DACLA’s or his own tax returns.

¶ 14 In September 2015, defendant instructed plaintiff to sign documents with First Equity Bank

that would extend the 2001 line of credit, but plaintiff refused to do so upon the advice of his

lawyer. The failure to extend the line of credit triggered a default and an acceleration of the joint

debt. Defendant extinguished the joint debt by taking out a personal loan of $72,000. Defendant

later withdrew $11,500 from DACLA in order to partially repay himself for extinguishing the joint

debt.

-4- No. 1-18-1183

¶ 15 C. Trial Court’s Ruling

¶ 16 On May 8, 2018, the trial court issued a written order finding that defendant breached his

fiduciary duty by withdrawing from DACLA $123,237.66 for personal expenses and $11,500 to

pay his personal loan. In so finding, the court rejected defendant’s argument that the money he

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Meyer v. Fleming
327 U.S. 161 (Supreme Court, 1946)
Ross v. Bernhard
396 U.S. 531 (Supreme Court, 1969)
Elf Atochem North America, Inc. v. Jaffari
727 A.2d 286 (Supreme Court of Delaware, 1999)
Poliquin v. Sapp
390 N.E.2d 974 (Appellate Court of Illinois, 1979)
Glass v. Burkett
381 N.E.2d 821 (Appellate Court of Illinois, 1978)
Thrall Car Manufacturing Co. v. Lindquist
495 N.E.2d 1132 (Appellate Court of Illinois, 1986)
Kemner v. Monsanto Co.
576 N.E.2d 1146 (Appellate Court of Illinois, 1991)
Feen v. Ray
487 N.E.2d 619 (Illinois Supreme Court, 1985)
Brown v. Tenney
532 N.E.2d 230 (Illinois Supreme Court, 1988)
Spillyards v. Abboud
662 N.E.2d 1358 (Appellate Court of Illinois, 1996)
Home Savings & Loan Ass'n v. Schneider
483 N.E.2d 1225 (Illinois Supreme Court, 1985)
Davis v. Dyson
900 N.E.2d 698 (Appellate Court of Illinois, 2008)
Mitchell v. Elrod
655 N.E.2d 1104 (Appellate Court of Illinois, 1995)
In Re Marriage of Auriemma
648 N.E.2d 118 (Appellate Court of Illinois, 1995)
Zokoych v. Spalding
344 N.E.2d 805 (Appellate Court of Illinois, 1976)
Gunthorp v. Golan
704 N.E.2d 370 (Illinois Supreme Court, 1998)
Thornton v. GARCINI
928 N.E.2d 804 (Illinois Supreme Court, 2010)
Sterling Radio Stations, Inc. v. Weinstine
765 N.E.2d 56 (Appellate Court of Illinois, 2002)
Black v. Iovino
580 N.E.2d 139 (Appellate Court of Illinois, 1991)

Cite This Page — Counsel Stack

Bluebook (online)
2020 IL App (1st) 181183-U, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pistone-v-carl-illappct-2020.