SCHNEIDER, FAMILY TRUST v. PNC BANK NATIONAL ASSOCIATION

CourtDistrict Court, D. New Jersey
DecidedMay 28, 2025
Docket1:23-cv-03146
StatusUnknown

This text of SCHNEIDER, FAMILY TRUST v. PNC BANK NATIONAL ASSOCIATION (SCHNEIDER, FAMILY TRUST v. PNC BANK NATIONAL ASSOCIATION) is published on Counsel Stack Legal Research, covering District Court, D. New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
SCHNEIDER, FAMILY TRUST v. PNC BANK NATIONAL ASSOCIATION, (D.N.J. 2025).

Opinion

UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY

HARRY & IRENE SCHNEIDER DISTRIBUTION TRUST, et al., Case No. 23–cv–03146–ESK–SAK Plaintiffs, v. OPINION PNC BANK NATIONAL ASSOCIATION, Defendant. KIEL, U.S.D.J. THIS MATTER is before the Court on the motions for summary judgment of defendant PNC Bank, N.A. (ECF No. 80) and plaintiff Elias L. Schneider (Elias) (ECF No. 92). For the following reasons, defendant’s motion will be GRANTED IN PART and Elias’s motion will be DENIED AS MOOT.1

1 During the July 15, 2024 motion hearing, I stated that defendant was to file the initial motion for summary judgment followed by Elias’s cross-motion. (ECF No. 88 (July 15, 2024 Hr’g Tr.) p. 17:11–13.) The subsequent order approving the briefing schedule similarly contemplated that the individual plaintiffs would file cross-motions. (ECF No. 79 (Aug. 7, 2024 Briefing Order).) Elias thereafter separately filed his own motion and opposed defendant’s motion. (ECF No. 92, ECF No. 94 (Pl.’s Opp’n Br.).) Pursuant to Local Civil Rule 7.1(h), “[a] party filing a cross-motion shall serve and file a combined brief in opposition to the original motion and in support of the cross-motion, which shall not exceed 40 pages.” L. Civ. R. 7.1(h). Elias has failed to comply with the Local Civil Rules here. There is overlap in his two briefs, but they are not identical. I therefore resolve that ECF No. 94 is the operative brief because it most directly responds to defendant’s underlying motion at ECF No. 80. See Rialto-Capitol Condo. Assoc., Inc. v. Burlington Ins. Co., Case No. 19–12811, 2021 WL 5494372, at *1 n. 1 (D.N.J. Nov. 23, 2021) (selecting the operative opposition and reply briefs due to the parties’ failure to comply with Local Civil Rule 7.1(h)). Because I will ultimately dismiss Elias’s claims, the motion at ECF No. 92 will be denied as moot. I will nonetheless refer to the filing at ECF No. 92 when it is useful to better understand Elias’s general arguments. I. BACKGROUND A. Facts This is a case with straightforward facts tangled only by its convoluted procedural history. Because who may bring what claims in what capacity will be critical to my analysis, it is necessary to trace the parties’ path to the pending motions. On September 10, 2006, Elias and David Schneider (David) jointly applied for and opened a checking account designated for the Harry & Irene Schneider Distribution Trust (the Trust)2 with defendant. (ECF No. 80–2 (Def.’s Exs.) pp. 5, 45.) Elias is an authorized signatory for the account. (Id. p. 45.) Elias and his wife Cynthia Schneider (Cynthia) maintain a home equity line of credit (HELOC) with defendant. (Id. pp. 7–13, 45.) On November 10, 2006, Elias and Cynthia applied for and executed an amendment to the HELOC. (Id.) The amendment includes a payment provision in which HELOC payments were to be automatically drawn from the Trust checking account. (Id. pp. 7, 10.) Elias thereafter received monthly account statements for the HELOC. (Id. p. 46.) In 2023, Elias first disputed the payments from the Trust checking account to the HELOC. (Id.)3

2 As explained in the third amended complaint, the Harry M. Schneider Family Trust and the Irene Schneider Family Trust operate as the Harry & Irene Schneider Distribution Trust. (ECF No. 8 (Third Am. Compl.) p. 2.) Therefore, I refer to the Trust as a singular entity.

3 Elias claims in his responsive statement of facts that a branch officer told him in April 2023 that the bank exercised its right to set-off by applying funds from the Trust checking account to the HELOC and another representative confirmed the same over the phone. (ECF No. 94–1 (Pl.’s Responsive Statement of Facts) pp. 5, 6.) This assertion is not accompanied by a citation to the record. The clearest support for this proposition is Elias’s declaration accompanying his own motion, which makes a similar assertion as to the branch officer. (ECF No. 92–3 p. 7.) Though this declaration references 28 U.S.C. § 1746, it was not made under penalty of perjury and I do not consider it here. See Three Rivers Confections, LLC v. Warman, 660 F. App’x 103, 107 n. 8 (3d Cir. 2016) (noting that the district court properly disregarded a declaration B. Procedural History The Trust, Elias as co-trustee, and David as co-trustee and beneficiary filed suit in Superior Court of New Jersey – Middlesex County on April 27, 2023 and defendant removed. (ECF No. 1.) The operative third amended complaint adds Cynthia as a plaintiff and asserts nine counts—including breach of contract and negligence and conversion—relating to defendant’s “invasion” of the Trust checking account. (ECF No. 8.) Plaintiffs seek declaratory relief, $2 million or sums sufficient to reasonably compensate them, fees, costs, and punitive damages. (Id.) The $2 million sought relates to expenses that stem from defendant’s purported invasion, including tax liens on real property owned by the Trust, expenses from defending foreclosure actions, and the cost of making the Trust property suitable for sale. (Id. pp. 13–17.) Defendant answered and asserted a counterclaim against Elias and Cynthia for indemnification. (ECF No. 12.) On the same day that it answered, defendant moved to disqualify Elias as counsel for David and the Trust. (ECF No. 13.) David filed a purported waiver of conflict. (ECF No. 19.) On February 20, 2024, Magistrate Judge Douglas E. Arpert (Ret.) granted defendant’s motion to disqualify, concluding that On the facts presented, a clear and unmistakable “concurrent conflict of interest” exists by virtue of [Elias’s] representation of himself and his wife, whose interests are at odds with those of his brother and the Trust[ ] inasmuch as the funds withdrawn from the [Trust checking account] were used to pay [Elias and Cynthia’s] personal obligations on the HELOC account. Further, because PNC maintains th[at] [Elias] expressly authorized these

because it was not made under penalty of perjury); Duran v. Merline, 923 F. Supp. 2d 702, 715 n. 7 (D.N.J. 2013) (finding that the purported affidavit was “problematic” despite its reference to 28 U.S.C. § 1746 because it was not expressly made under penalty of perjury). The certification of bank officer William Hardrick states, under penalty of perjury, that no right to set-off was applied against the Trust checking account to satisfy obligations under the HELOC. (ECF No. 80–3 p. 3.) withdrawals, he will necessarily be an important witness in the trial of this case. (ECF No. 48 p. 5 (citation omitted).) Judge Arpert rejected Elias’s proposal that he be questioned at trial by his son—who is a lawyer at his office. (Id. pp. 5, 6.) He further concluded that David’s waiver was inadequate because it mischaracterized and insufficiently explained the nature of the conflict, lacked an accurate description of defendant’s allegations, and was not witnessed or executed under penalty of perjury. (Id. p. 6.) Plaintiffs were provided 30 days to amend the pleadings to remove any conflict, retain new counsel, or—in the case of Elias, Cynthia, and David— indicate that they intended to proceed pro se. (Id.) On March 28, 2024, Elias filed a letter advising that new counsel had not been retained, he intended to continue representing himself and Cynthia, and he did not believe that “any counts will be dismissed, only the names of the plaintiffs, so no new pleadings need to be filed.” (ECF No. 50.) That same day, this case was reassigned to me. (ECF No. 51.) Elias and David indicated during a conference with Magistrate Judge Sharon A. King that they intended to retain counsel for the Trust. (ECF No. 59 (May 2, 2024 Min. Entry), ECF No.

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SCHNEIDER, FAMILY TRUST v. PNC BANK NATIONAL ASSOCIATION, Counsel Stack Legal Research, https://law.counselstack.com/opinion/schneider-family-trust-v-pnc-bank-national-association-njd-2025.