Shane Flyte v. Jonathan P. Baker

CourtNew Jersey Superior Court Appellate Division
DecidedJanuary 9, 2025
DocketA-0441-22
StatusUnpublished

This text of Shane Flyte v. Jonathan P. Baker (Shane Flyte v. Jonathan P. Baker) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Shane Flyte v. Jonathan P. Baker, (N.J. Ct. App. 2025).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-0441-22

SHANE FLYTE, JOHN MEENA, FRANK BILOTTA, JORDAN KLEGA-FISCHER, STEVE LAMBIASE, and DAVIDE MOREIRA, Individually, and as Members on behalf of HBI CAPITAL PARTNERS LLC and HUDSON BLACK INC.,

Plaintiffs-Respondents,

v.

JONATHAN P. BAKER,

Defendant-Appellant,

and

AMANDA RAE NORCIA- BAKER,

Defendant.

Argued October 9, 2024 – Decided January 9, 2025

Before Judges Gooden Brown and Smith. On appeal from the Superior Court of New Jersey, Chancery Division, Sussex County, Docket No. C- 000002-18.

Jonathan P. Baker, appellant, argued the cause pro se.

John D. Coyle argued the cause for respondents (Coyle Law Group, P.C., attorneys; John D. Coyle, on the brief).

PER CURIAM

In this corporate misconduct action, defendant Jonathan P. Baker

appeals from a judgment entered on August 26, 2022, in favor of Shane

Flyte, John Meena, Frank Bilotta, Jordan Klega-Fischer, Steve Lambiase

and Davide Moreira, collectively, plaintiffs. When defendant failed to

appear for trial on plaintiffs' fraud complaint, the judge converted the trial

to a proof hearing,1 after which plaintiffs were awarded over $4.7 million

in compensatory damages based on fraudulent transfers of funds from

Hudson Black Inc. (HBI) to various entities owned by defendant or in

which defendant had a major interest.

1 See EnviroFinance Grp. v. Env't Barrier Co., 440 N.J. Super. 325, 343 (App. Div. 2015) (explaining that Rule 4:43-2(b) "grants a trial court the discretion" to conduct a proof hearing to determine "the quantum of damages as well as entitlement to relief, prior to entry of default judgment"). A-0441-22 2 The parties all worked at HBI and had ownership interests in the

company. HBI was owned by HBI Capital Partners LLC (HCP), in which

the parties each also had an ownership interest. At the conclusion of the

proof hearing, the judge found overwhelming evidence that over a two-

year period, defendant engaged in a pattern of willful fraud and deceit by

borrowing funds from HBI for his five companies with no intention of

repaying the loans, falsifying HBI documents to obtain financing for his

companies, and drafting a repurchase agreement without authorization

transferring all of plaintiffs' interests in HBI to his then wife, Amanda Rae

Norcia-Baker (Norcia).

On appeal, defendant primarily challenges plaintiffs' entitlement to

damages as well as the quantum of damages awarded, arguing plaintiffs

lacked standing because they should have brought a derivative action on

behalf of HBI/HCP, instead of a direct action against him. Defendant also

raises procedural arguments, challenging the addition of HBI as a named

party at the conclusion of the hearing, the judge's failure to conduct oral

argument on two motions for summary judgment, and the entry of a

stipulation of dismissal as to Norcia without defendant's consent. Based

A-0441-22 3 on our thorough review of the record and applicable legal principles, we

affirm.

I.

We glean these facts from the hearing record. HCP was

incorporated on January 28, 2015, as a subchapter S corporation. HCP's

operating agreement, which was executed on January 31, 2015, listed

defendant as its member/manager. Plaintiffs and two non-parties, Afif

Mohammed and Stephen Vroman, were listed as members. Under the

operating agreement, the manager could "bind the [c]ompany" but only if

the other members agreed.

Defendant, plaintiffs, Mohammed, and Vroman each invested about

$3,000 and held about a ten percent interest in HCP. Defendant was

president of the executive committee, and Klega-Fischer was the

corporate secretary. The operating agreement specified that no members

could "assign their membership interest in the company without a [two-

thirds] majority vote of the remaining [m]embers."

HCP's operating agreement further stated that its primary purpose

was

to hold 100% of the voting and equitable interest in [HBI] . . . . The [m]embers of the [c]ompany

A-0441-22 4 shall, concurrently with their membership, serve as members of the Board of Directors of [HBI], to the extent that each [m]ember is willing and able to do so. All actions taken by [m]embers of the [c]ompany shall be deemed actions taken by the Board of Directors of [HBI], to the extent that they apply to the affairs of [HBI].

HBI, which was incorporated prior to HCP on January 18, 2015,2

was a general contractor that hired subcontractors to perform commercial

renovations of existing spaces. HBI's bylaws, which were effective April

11, 2015, provided that "[n]o loans shall be made by the corporation to

the directors, unless first approved by the holders of two-thirds of the

voting shares." Defendant and two nonparties, Jillian Baker and William

Saks, were named directors of HBI. Defendant was the chief executive

officer and president of HBI, Flyte was the vice president, and Klega-

Fischer was the corporate secretary. The other plaintiffs were all

employees of HBI.

In April 2015, unbeknownst to plaintiffs, defendant and Norcia

entered into an agreement whereby Norcia was given the right to

repurchase HBI from its parent company, HCP (the repurchase

2 On HBI's certificate of incorporation, Norcia was listed as the incorporator and the sole member of the board of directors. A-0441-22 5 agreement). Norcia represented in the agreement that she was HBI's sole

shareholder. In a May 31, 2018 certification by defendant that was

introduced at the hearing, defendant claimed that he and Norcia had

invested $125,000 "to start [HBI]." Plaintiffs did not learn of the

repurchase agreement until January 2018.

After Vroman withdrew from participation in HCP, an amended

operating agreement dated July 1, 2015, was executed for HCP. In the

amended agreement, the remaining eight shareholders were designated as

members. The amended agreement also specified that as of July 1, 2015,

HCP "own[ed] 100% of the outstanding capital stock of [HBI]." The

companies operated out of the same office.

During this time period, defendant held ownership interests in five

other companies as follows: (1) 100% of BSG New Jersey LLC (BSG);

(2) 100% of Konoba LLC (Konoba); (3) 100% of J Paul Allen Inc. (JPA);

(4) 50% of 8 Quaker Road LLC; and (5) 31.25% of Arley Farms LLC

(Arley Farms). Between 2015 and 2016, defendant entered into loan

agreements with each of these companies on behalf of HBI without

informing or discussing the loans with HBI's board or HCP's executive

committee. Defendant prepared financial statements on behalf of HBI and

A-0441-22 6 HCP without listing the loans. None of defendant's five companies paid

interest to HBI on the loans or made any payments toward the loans and

none of the companies did business with either HCP or HBI. While

defendant transferred funds from HBI to his companies, he failed to pay

federal payroll taxes on behalf of HBI.

In his deposition that was admitted into evidence, defendant

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