Sheehan v. Philadelphia Indemnity Company

CourtDistrict Court, N.D. West Virginia
DecidedMarch 10, 2023
Docket3:22-cv-00050
StatusUnknown

This text of Sheehan v. Philadelphia Indemnity Company (Sheehan v. Philadelphia Indemnity Company) is published on Counsel Stack Legal Research, covering District Court, N.D. West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Sheehan v. Philadelphia Indemnity Company, (N.D.W. Va. 2023).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF WEST VIRGINIA MARTINSBURG

THOMAS H. FLUHARTY, Trustee of the Bankruptcy Estate of David Levine and Monica Levine, and MARTIN P. SHEEHAN, Trustee of the Bankruptcy Estate of Geostellar, Inc.

Appellants,

v. CIVIL ACTION NO.: 3:22-CV-50 (GROH)

PHILADELPHIA INDEMNITY COMPANY, and DAVID A. LEVINE, debtor,

Appellees.

MEMORANDUM OPINION AND ORDER AFFIRMING THE BANKRUPTCY COURT’S ORDERS

Martin P. Sheehan, Trustee of the Bankruptcy Estate of Geostellar, Inc., (“Geostellar Trustee”) and Thomas H. Fluharty, Trustee of the Bankruptcy Estate of David Levine and Monica Levine (“Levine Trustee”) (collectively “Appellants”) appeal from the United States Bankruptcy Court for the Northern District of West Virginia’s March 21, 2022 Order Granting Motion to Dismiss Adversary Proceeding in 3:21-ap-00019. ECF No. 1. The Appellants also appeal the bankruptcy court’s prior November 2, 2021 Order Denying Plaintiffs’ Motion for Preliminary Injunction. Upon review and consideration of the parties’ briefs, the record, and pertinent case law, the Court holds that a hearing is not necessary as the issue of standing, which this appeal turns on, is a purely legal dispute. See Fed. R. Bankr. P. 8019(b)(3), 8013(c). For the reasons that follow, the bankruptcy court’s decisions are AFFIRMED. I. Background1 A. Underlying Bankruptcy and Adversary Proceedings On January 29, 2018, Geostellar, Inc., filed for Chapter 11 bankruptcy protection, as docketed in case 3:18-bk-00045. Four months later, the bankruptcy court converted

Geostellar’s case from a Chapter 11 to a Chapter 7 proceeding. ECF Nos. 7-3, 7-4; ECF Nos. 77, 78 in 3:18-bk-00045. After the case was converted, Martin P. Sheehan was designated as the Chapter 7 Trustee for Geostellar. While David A. Levine did not sign the bankruptcy petition for Geostellar, he was the President, CEO, and Founder of Geostellar until three days before the bankruptcy proceeding began. On December 13, 2019, nearly two years after Geostellar filed for bankruptcy, Mr. Levine and his wife filed for bankruptcy relief under Chapter 13, as docketed in case 3:19-bk-01048. ECF No. 8-1; ECF No. 1 in 3:19-bk-01048. Two months after the Levines filed for bankruptcy under Chapter 13, the bankruptcy court converted the matter to a Chapter 7 proceeding. After the matter was converted, Thomas H. Fluharty

was designated as the Chapter 7 Trustee. Some time prior to filing for bankruptcy, Geostellar had purchased a director’s and officer’s liability policy from Philadelphia Indemnity Insurance Company, which covered Mr. Levine for the period of May 31, 2017, to May 31, 2018. During the Geostellar bankruptcy proceeding, the Geostellar Trustee purchased, on behalf of the Geostellar Estate, an extension of that existing policy. The Geostellar Trustee then initiated an adversary proceeding against Mr. Levine, individually, and Indeco Union, another

1 The facts recited are taken from the parties’ briefs and the designated record on appeal. The designated record is voluminous, as the appeal involves two bankruptcy proceedings, two adversary proceedings, and a claims register. The substance of many of the docketed filings is not pertinent to the issues raised on appeal. company of Mr. Levine’s, docketed as Sheehan v. Levine et al. in 3:19-ap-00024,2 (“Geostellar adversary proceeding”). Philadelphia was given notice when this suit was filed. Philadelphia provided Mr. Levine with a defense and considered him the individual

insured under its policy. Philadelphia and the Geostellar Trustee were scheduled to mediate in 3:19-ap-00024 in the summer of 2021. On the eve of mediation, Philadelphia informed the Geostellar Trustee that its director’s and officer’s liability policy was a consent policy, which required consent from Mr. Levine as the insured, before any offer of settlement could be made or increased. The Geostellar Trustee disagreed; he insisted that the Levine Trustee held the power to consent under Philadelphia’s policy. The Levine Trustee agreed with the Geostellar Trustee; the Levine Trustee argued that the power to consent under Philadelphia’s policy belongs to the Levine Bankruptcy Estate, not Mr. Levine individually. On August 13, 2021, the Geostellar Trustee and the Levine Trustee, jointly initiated

an adversary proceeding against Philadelphia and Mr. Levine in the Levine bankruptcy proceeding, docketed as 3:21-ap-00019. It is this adversary proceeding that forms the basis of the present appeal before this Court. In the underlying adversary proceeding, the Trustee Plaintiffs moved for a declaratory judgment and for both a preliminary and permanent injunction to establish that Mr. Levine did not possess the right to consent to settlement and that the consent right was property of the bankruptcy estate of Mr. Levine.

2 The adversary proceeding docketed as 3:19-ap-00024 was filed by the Geostellar Trustee against Mr. Levine and Indeco Union in the Geostellar bankruptcy proceeding. In that adversary proceeding, the Geostellar Trustee alleges civil conspiracy, breach of fiduciary duty, fraud, and breach of contract. The underlying facts of this adversary proceeding are not relevant to the Court in this appeal; however, the Court briefly describes the proceeding here due to the partial overlap of parties and parties’ repeated references to outside proceedings, mainly as it relates to the Geostellar bankruptcy. ECF Nos. 5-1, 5-2; ECF Nos. 1, 2 in 3:21-ap-00019. A month later, Philadelphia filed a Motion to Dismiss Adversary Proceeding, pursuant to Federal Rule of Civil Procedure 12(b)(1) and (6), which are incorporated into bankruptcy proceedings by Federal Rule of Bankruptcy Procedure 7012(b). ECF No. 5-6; ECF No. 19 in 3:21-ap-00019. On October

28, 2021, Chief Judge B. McKay Mignault held a hearing on the pending motion for preliminary injunction and motion to dismiss, during which she issued an oral opinion denying injunctive relief. ECF No. 34 in 3:21-ap-00019. In her opinion, Chief Judge Mignault found that neither the Geostellar Trustee nor the Levine Trustee had standing file for an injunction. When analyzing the alleged injury in fact element of standing for both Trustees, the bankruptcy judge found that the Trustees attempted to “manufacture standing merely by inflicting harm on themselves based on their fears of hypothetical future harm that is not certainly impending.” ECF No. 53 at 13 in 3:21-ap-19. Focusing on the Geostellar Trustee specifically, the bankruptcy judge found that

the Geostellar Trustee could not establish standing to sue Philadelphia based on his filing of an adversary proceeding against Mr. Levine in the Geostellar bankruptcy. The bankruptcy judge noted that Philadelphia agreed to defend Mr. Levine in the Geostellar adversary proceeding, wherein the Geostellar Trustee is not acting as an insured under Philadelphia’s policy, but he is instead suing Mr. Levine, a former director and officer of Geostellar. Geostellar itself faces no liability in the Geostellar adversary proceeding. West Virginia state law prohibits direct action against an insurer until a judgment has been obtained against the insured, and the bankruptcy judge found that the Geostellar Trustee was improperly attempting to initiate an action against Philadelphia as a third-party claimant. Therefore, the bankruptcy judge concluded that the Geostellar Trustee did not have a basis for standing to either request declaratory judgment or seek an injunction in this matter.

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Sheehan v. Philadelphia Indemnity Company, Counsel Stack Legal Research, https://law.counselstack.com/opinion/sheehan-v-philadelphia-indemnity-company-wvnd-2023.