Seaboard Industries v. Monaco

53 Pa. D. & C.2d 321, 1971 Pa. Dist. & Cnty. Dec. LEXIS 363
CourtPennsylvania Court of Common Pleas, Philadelphia County
DecidedSeptember 24, 1971
Docketno. 1884
StatusPublished

This text of 53 Pa. D. & C.2d 321 (Seaboard Industries v. Monaco) is published on Counsel Stack Legal Research, covering Pennsylvania Court of Common Pleas, Philadelphia County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Seaboard Industries v. Monaco, 53 Pa. D. & C.2d 321, 1971 Pa. Dist. & Cnty. Dec. LEXIS 363 (Pa. Super. Ct. 1971).

Opinion

ALEXANDER, J.,

This case is now before the court upon preliminary objections of defendant, Albert B. Monaco, to a writ of attachment execution issued by plaintiff, Seaboard Industries, Inc., on January 7, 1971, naming the Estate of Maurice Rademan as garnishee. Defendant formerly served as plaintiff’s secretary and lawyer.

In this equity action, along with the companion action of Seaboard Industries, Inc. v. Walter F. Joachim, December term, 1965, no. 646, plaintiff’s former president, the defendant, and Walter F. Joachim were found to have violated their fiduciary duties of loyalty and faithfulness to plaintiff by having diverted a corporate opportunity to obtain unjust personal gains.

[322]*322Pursuant to a final decree entered December 10, 1968, Monaco and Joachim were ordered to file accountings, return all sums wrongfully received by them to plaintiff and to pay a counsel fee of $25,000 to Hon. Arlin M. Adams, then plaintiff’s counsel, and $7,800 in expenses.

As a result of the accountings filed and hearings thereon, a decree was entered September 9, 1969, on which judgment was entered against both Monaco and Joachim for the total sum of $207,125 payable to plaintiff. This does not include the counsel fees and costs enumerated.

On December 9, 1969, Monaco appealed to the Supreme Court of Pennsylvania from the decree of September 9, 1969, which court sustained the said decree in an opinion filed March 18, 1971.

Plaintiff contends that Monaco did not notify plaintiff’s counsel that he had a lawyer’s professional liability policy until after the decree of December 10, 1968, but that the carrier had declined to defend the suit on his behalf.

In July 1969, plaintiff issued an attachment execution against Monaco’s liability insurance carrier for recovery of the $25,000 counsel fee and $7,800 in expenses awarded to plaintiff’s counsel and for recovery of costs of approximately $6,000.

Plaintiff also issued an attachment execution against Monaco’s insurance carriers for recovery of the judgment of $207,125.

Plaintiff issued additional attachment executions against Monaco and directed the same to The Girard Bank, The Fidelity Bank and North American Life Assurance Company.

On January 7, 1971, plaintiff issued an attachment execution against Monaco directed to the executor of the Estate of Maurice Rademan, deceased, for [323]*323which Monaco was serving as counsel. The asset sought to be attached is the fee to which Monaco may be entitled for legal services rendered to the estate.

Monaco objects to this attachment execution, contending that he is immune from attachment by reason of a letter agreement between him and plaintiff’s counsel dated October 31, 1969, in which plaintiff agreed to first proceed against defendant’s liability insurance carriers, Insurance Company of North America and Continental Casualty Company, to collect the debt.

It is not disputed that Monaco paid plaintiff $10,000 on account of the judgments against him. Monaco contends that this payment represented the consideration for the alleged agreement as set forth in his letter of October 31, 1969, to plaintiff’s counsel. However, plaintiff argues that such payment was not consideration for the alleged agreement and that the letter of October 31, 1969, is not an enforceable agreement. In addition, plaintiff contends that the entire understanding of the parties is contained in two letters, one Jrom Arlin M. Adams, Esq., then plaintiff’s counsel, to Monaco dated October 24, 1969, and Monaco’s letter to Judge Adams dated October 31, 1969.

Following the entry of the decree of September 9, 1969, Monaco, his attorney, plaintiff’s present counsel, Ronald H. Isenberg, Esq., and Judge Adams conferred respecting executions against defendant and his payment of $10,000 on account of the judgments against him.

The letter of October 24, 1969, from Judge Adams to Monaco states that, in exchange for payment of $10,000 by Monaco to plaintiff, plaintiff would withdraw its attachments against The Girard Trust Bank, [324]*324The Fidelity Bank and North American Life Assurance Company of Canada only (which, in fact, had then already been done), would not press further executions against Monaco before May 1, 1970, and during the interim would pursue negotiations with defendant’s two liability carriers for payment of the judgments.

Judge Adams’ letter further provided that an appeal by Monaco would act to release plaintiff from those arrangements because it would then be difficult, it not impossible, for plaintiff’s counsel to deal with defendant’s liability insurance carriers.

As already noted, Monaco appealed to the Supreme Court of Pennsylvania on December 9, 1969.

Accordingly, plaintiff argues that if an enforceable agreement existed between the parties, plaintiff was released therefrom when Monaco appealed.

Plaintiff further contends that, even if Monaco’s letter of October 31st is the entire agreement of the parties, it is not binding because the alleged consideration of $10,000 paid by Monaco on account of the judgments against him was merely a promise to perform that which he was already obligated to perform by virtue of the decree of September 9, 1969, and the judgments in excess of $245,000. In any event, plaintiff contends that the payment of $10,000, admittedly a mere token and almost imperceptible amount of the total sum Monaco was obligated to pay, was not consideration to create a legally enforceable agreement.

Finally, plaintiff submits that preliminary objections raising immunity from attachment under Pennsylvania Rule of Civil Procedure 3142 are available only to a garnishee and not to defendant.

Although rule 3142(a), providing for the defense of immunity, is silent as to the identity of the persons [325]*325who may raise the stipulated objections, there is no reason why a defendant may not raise the issue of immunity by preliminary objections and it is likewise appropriate that rule 3142(a) be construed to permit an execution defendant to file preliminary objections on his own behalf: Eastern Lithographing Corp. v. Silk, 203 Pa. Superior Ct. 21 (1964). Similarly, the right to file preliminary objections in a garnishment proceeding is not only available to the garnishee and defendant, but is extended also to other parties in interest who are entitled to intervene in the proceeding and who have done so: Fleming v. Quaid, 204 Pa. Superior Ct. 19 (1964). See also 4 Goodrich-Amran, Standard Pa. Prac., page 324.

Although a contract cannot be based on a promise to perform an obligation which a party is already bound to perform, if the obligation is subject to a reasonable dispute, then the promise may provide the consideration for an enforceable contract: Blaisdell Filtration Co., v. Bayard & Co., Inc., 311 Pa. 6 (1933).

On October 31, 1969, the date of the letter from Monaco to Judge Adams, Monaco had a right to appeal from the decree of September 9, 1969, and the judgments entered against him which, therefore, remained in dispute at that time, including the sum of $10,000 paid by Monaco.

Although, as plaintiff argues, the sum paid is very small in proportion to the total sum of the judgments, the court will not inquire into the adequacy of the consideration. Graham v. Jonnel Enterprises, Inc. et al., 435 Pa. 396 (1969); Thomas v. Thomas Flexible Coupling Co., 353 Pa. 591 (1946).

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Bluebook (online)
53 Pa. D. & C.2d 321, 1971 Pa. Dist. & Cnty. Dec. LEXIS 363, Counsel Stack Legal Research, https://law.counselstack.com/opinion/seaboard-industries-v-monaco-pactcomplphilad-1971.