Simmons Bank v. Kibby

CourtUnited States Bankruptcy Court, W.D. Arkansas
DecidedDecember 16, 2024
Docket2:23-ap-07048
StatusUnknown

This text of Simmons Bank v. Kibby (Simmons Bank v. Kibby) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, W.D. Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Simmons Bank v. Kibby, (Ark. 2024).

Opinion

IN THE UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF ARKANSAS FORT SMITH DIVISION

IN RE: PATRICK RYAN KIBBY, Debtor No.: 2:23-bk-71193 Chapter 13

SIMMONS BANK PLAINTIFF

v. 2:23-ap-07048

PATRICK RYAN KIBBY DEFENDANT

ORDER AND OPINION

On November 20, 2023, Simmons Bank [Simmons or the bank] filed the above-captioned adversary proceeding against the debtor, Patrick Ryan Kibby [Kibby or the debtor]. In its complaint, Simmons seeks a determination that Kibby’s debt to Simmons is non-dischargeable pursuant to two subsections of 11 U.S.C. § 523, alleging that the debt was incurred through false pretenses or false representations under § 523(a)(2)(A) and was the result of a willful and malicious injury under § 523(a)(6). Kibby filed his answer on December 19, 2023. The Court held a trial on September 26, 2024. Saxon Guerriere and Haley Heath appeared on behalf of Simmons. Keith Kannett appeared on behalf of the debtor. At the conclusion of the trial, the Court took the matter under advisement. For the reasons stated below, the Court denies the relief requested in the complaint, and finds that the debt owed to Simmons is dischargeable. Jurisdiction The Court has jurisdiction over these matters under 28 U.S.C. § 1334 and 28 U.S.C. § 157, and this is a core proceeding under 28 U.S.C. § 157(b)(2)(I). This order contains findings of fact and conclusions of law pursuant to Federal Rule of Bankruptcy Procedure 7052.

Background Kibby owns Express Security, a sole proprietorship that, among other things, runs electrical wires for subsequent attachment to security cameras. Kibby has a general equivalency diploma but was unable to complete high school due to a learning disability that impaired his reading comprehension, a difficulty that he still experiences as an adult. He holds a level one cabling license in Arkansas but does not have his own license to install or service alarm systems. However, for years, Express Security regularly worked as a subcontractor for Securitas, an entity licensed to install and service alarm systems. Express Security, either through Securitas or directly, had performed 122 jobs for Simmons over the six years preceding the job that resulted in the subject debt, making Simmons one of Express Security’s largest clients. Historically, Simmons paid Express Security after a job was completed, and only after the submission of a “Completed File Installation Notice” [CFIN], a form that signaled to Simmons that the work for a particular job was finished.1

At some point prior to February 2022, Simmons solicited quotes for its “2022 Camera Refresh Project” [Refresh Project or project]. The project was large in scope; it was expected to take a year to complete and involved work at

1 When Express Security subcontracted for Securitas on a Simmons job, once Simmons received the CFIN, Simmons contacted Express Security to confirm that Securitas had paid Express Security and then Simmons would disburse payment to Securitas. sixty-eight different job sites located in multiple states. Securitas submitted a quote to Simmons for the Refresh Project but was not awarded the job because its quote was too high. Presumably because Securitas regularly hired Express Security as a subcontractor for jobs at Simmons, it was Kibby’s practice to seek permission from Securitas prior to Express Security doing a job directly for Simmons. In keeping with this practice, before Kibby submitted Express Security’s quote to Simmons for the Refresh Project, he asked Jeff Kinder [Kinder], a Securitas salesman whom Kibby had known and worked with for sixteen years, to review the proposed quote. After Kinder reviewed Kibby’s draft of Express Security’s quote for the project, Kinder told Kibby that his quote was too high and advised him to adjust his numbers to align with Simmons’s budget. Kibby revised his quote accordingly, raising his proposed figures for labor and lowering them for materials and equipment. Simmons awarded Express Security the project, which would be accomplished in two phases. In phase one, Express Security was to run wires that, in phase two, would be connected to upgraded security cameras. Kibby was required to purchase equipment and materials at the outset of the project.

Kibby and Paula Appleget [Appleget] were friends. In 2021, Appleget was promoted to Director of Physical Security at Simmons, and she served as Kibby’s point of contact for the Refresh Project. Although the bank’s internal policy required work to be completed prior to payment, Appleget suggested to Kibby that he should submit an invoice for phase one of the Refresh Project in its entirety, prior to most of the work being completed. On February 7, 2022, Kibby submitted an invoice to Appleget for $303,420 [the invoice]. Any Simmons employee, including Appleget, had the ability to “key” an invoice for payment. Appleget asked a certain employee [the whistleblower] to key the invoice but he declined, expressing concern about keying an invoice for work not completed because it violated the bank’s policy. Another employee keyed the invoice for Appleget, and Kibby was paid $303,420. After Kibby was paid the funds, the whistleblower alerted management at Simmons of his concerns about payment of the invoice for work that Kibby had not yet performed. An investigation into Appleget’s conduct ensued.

Jennifer Compton [Compton], the Chief People Officer at Simmons, had her audit team investigate Appleget. In the course of the investigation, the audit team read emails between Appleget to Kibby. Two of the emails sent by Appleget to Kibby attached professional headshots seeking his opinion. In another email, Appleget pointed out that a typo by Kibby was a word defined by Urban Dictionary as something “not appropriate.” The audit team’s review of Kibby’s bank account activity showed a handful of Cash App or Venmo transactions in which Kibby transferred a total of around $3500 to Appleget. Appleget later transferred $1500 back to Kibby. Appleget also reportedly traveled unnecessarily to sites where Kibby was working. Based on the findings of the audit team as communicated to Compton and Appleget’s role in Simmons paying Kibby for uncompleted work, Simmons terminated Appleget for policy violations and unethical behavior.2 No one at

2 At the trial of this adversary proceeding, Compton testified about a statement Appleget had purportedly made to another Simmons employee (not Compton) in a raised voice immediately before Simmons terminated her. The statement was “[i]f I am fired over this, it will be because of the -- the man my husband hates the most in this world.” (Trial Tr. 162 Sept. 26, 2024.) The debtor’s attorney lodged a hearsay objection pursuant to Federal Rule of Evidence 801. In response, counsel for Simmons argued that Appleget’s statement was an “excited utterance” because Appleget was afraid she was about to be fired from Simmons and, as a result, the statement was excepted from the rule against hearsay under Federal Rule of Evidence 803(2).

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Simmons Bank v. Kibby, Counsel Stack Legal Research, https://law.counselstack.com/opinion/simmons-bank-v-kibby-arwb-2024.