Robert Peterson v. Roger Kroschel, III

CourtCourt of Appeals of Texas
DecidedJune 2, 2015
Docket01-13-00554-CV
StatusPublished

This text of Robert Peterson v. Roger Kroschel, III (Robert Peterson v. Roger Kroschel, III) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Robert Peterson v. Roger Kroschel, III, (Tex. Ct. App. 2015).

Opinion

Opinion issued June 2, 2015

In The

Court of Appeals For The

First District of Texas ———————————— NO. 01-13-00554-CV ——————————— ROBERT PETERSON, Appellant V. ROGER KROSCHEL, III, Appellee

and

ROGER KROSCHEL, III, Appellant V. ROBERT PETERSON, Appellee

On Appeal from the 149th District Court Brazoria County, Texas Trial Court Case No. 57875 MEMORANDUM OPINION

Robert Peterson and Roger Kroschel, III appeal the judgment following a

jury trial rendered in favor of Peterson in Peterson’s suit for breach of fiduciary

duty. In two issues, Peterson contends that (1) the trial court erred in refusing to

grant his request for declaratory judgment, and (2) the trial court erred in failing to

conform the judgment to the jury’s verdict because it did not award Peterson future

lost profits or attorney’s fees. In two issues, Kroschel contends that (1) the trial

court erred in denying his motion to disqualify Peterson’s trial counsel, and (2)

there was legally and factually insufficient evidence to support the jury’s finding

that Peterson suffered past lost profits. We affirm the trial court’s denial of future

damages and attorney’s fees, and refusal to grant additional declaratory relief, and

we reverse the award of past damages and render judgment that Peterson take

nothing on his claims.

Background

On June 10, 2008, Peterson’s excavation company, Terra Dragline, and

Kroschel’s trucking company, Rockin’ R Trucking, entered into a contract with the

Angleton Drainage District to remove sand from a pit.1 A week later, Peterson and

Kroschel filed an assumed name certificate certifying their desire to create the

1 The agreement stated that the contract was being entered into by “Rockin’ R Trucking in concert with Terra Dragline, a single purpose joint venture.”

2 Angleton Sand Company, a general partnership. They did not enter into a written

partnership agreement.

Under the terms of their informal agreement, Peterson and Terra Dragline

would dig the sand, Kroschel and Rockin’ R Trucking would haul the sand, and

Peterson and Kroschel would split the profits from their new business fifty-fifty.

Kroschel handled the books for Angleton Sand in 2008 and 2009 and Peterson took

over these responsibilities in 2010.

In July or August 2009, Peterson and Kroschel purchased a John Deere

tractor/scraper (the tractor) that was used by Angleton Sand. Kroschel and

Peterson, as buyer and co-buyer respectively, signed an installment contract with

John Deere in which they both agreed to be jointly and severally liable for the

purchase price of the tractor. Under the terms of that agreement, John Deere has

several remedies against Kroschel and Peterson, individually, in the event of

default, including repossession of the equipment and the recovery of the balance on

the account as liquidated damages.

Peterson took out a loan for $44,423.21 from a friend in order to pay the

$37,000 down payment on the tractor and put up Terra Dragline’s trackhoe as

collateral. The loan was deposited into Angleton Sand’s bank account and the

down payment to John Deere was paid from that account. Subsequent payments on

the tractor were also paid from Angleton Sand’s bank account.

3 Peterson filed suit against Kroschel for fraud, constructive fraud, breach of

fiduciary duty, conversion, unjust enrichment, and gross negligence. Peterson also

made a demand for an accounting and a request for declaratory judgment. In

particular, Peterson alleged that Kroschel breached his fiduciary duty by taking

more than fifty percent of the profits from Angleton Sand. According to Peterson,

Kroschel diverted $120,000 “from the profits that should have been shared, in

excess of his portion of such profits.”

At trial, Peterson testified that he and Kroschel had an informal agreement to

split Angleton Sand’s profits fifty-fifty. Peterson offered conflicting testimony,

however, regarding his agreement with Kroschel on the payment of expenses.

Peterson initially testified that he and Kroschel were supposed to pay their own

expenses, at least initially, because they “were building a company, and you can’t

pull all the money out of it right away. It can’t survive.” The next day, Peterson

testified that Terra Dragline and Rockin’ R Trucking were entitled to be

reimbursed by Angleton Sand for any expenses they incurred as a result of their

work for Angleton Sand. Similarly, Kroschel testified that under the terms of his

agreement with Peterson, Terra Dragline and Rockin’ R Trucking would provide

equipment, labor, and employees to Angleton Sand and if either company incurred

expenses as a result of their work for Angleton Sand, the company would be

reimbursed by Angleton Sand. Peterson and Kroschel both testified that while

4 Kroschel was reimbursed by Angleton Sand for Rockin’ R Trucking’s expenses in

2008 and 2009, Peterson paid Terra Dragline’s expenses and did not seek

reimbursement from Angleton Sand.

Peterson testified that he and Kroschel jointly owed approximately $150,000

to John Deere for the tractor and that he was asking the jury to award him

Kroschel’s half of the debt as future damages. Peterson also offered conflicting and

internally inconsistent testimony regarding the amount of his past damages as a

result of Kroschel’s breach. Peterson acknowledged that he was testifying largely

from memory and that his memory of the business’s bookkeeping was not good.

Peterson did not offer any expert testimony on the issue of damages. Angleton

Sand’s banking records and tax returns for 2008, 2009, and 2010 were admitted

without objection at trial.

Kroschel testified that based on Angleton Sand’s banking records, the

company had a net income of approximately $35,758 in 2008 (income minus

expenses paid) and that he distributed $32,000 of that income to himself and none

to Peterson. Kroschel testified that Angleton Sand had a net income of

approximately $96,950 in 2009 based on the company’s banking records and that

he paid $71,300 to himself and $28,000 to Peterson that year. The record also

demonstrates that Peterson collected an additional $10,000 in 2009 for a total

5 payment of $38,000. According to Kroschel, Angleton Sand’s banking records

showed a loss of approximately $5,164 in 2010.

Peterson’s attorney also testified in support of Peterson’s request for

attorney’s fees.

After a three-day trial, the jury found that Kroschel breached his fiduciary

duty to Peterson and awarded Peterson $83,762.50 for past damages and $75,000

in future damages. The jury also awarded Peterson $20,000 in attorney’s fees for

trial and an additional $7,000 in fees in the event of an appeal. Peterson

subsequently filed a motion asking the court to declare that Angleton Sand

Company was a limited-purpose partnership that terminated when Kroschel

withdrew from the partnership in March 2010 and that the partnership had no

equity in the tractor-scraper, and to declare that the “tractor-scraper should be

awarded to Robert Peterson.” Kroschel filed a motion for judgment

notwithstanding the verdict (JNOV) challenging the jury’s award of future lost

profits and attorney’s fees. 2

The trial court entered judgment awarding Peterson $83,762.50 in past

damages, plus pre-judgment and post-judgment interest. The judgment further

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