Stone Group Holdings LLC v. Todd Ellison

CourtColorado Court of Appeals
DecidedJanuary 25, 2024
Docket23CA0004
StatusPublished

This text of Stone Group Holdings LLC v. Todd Ellison (Stone Group Holdings LLC v. Todd Ellison) is published on Counsel Stack Legal Research, covering Colorado Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Stone Group Holdings LLC v. Todd Ellison, (Colo. Ct. App. 2024).

Opinion

The summaries of the Colorado Court of Appeals published opinions constitute no part of the opinion of the division but have been prepared by the division for the convenience of the reader. The summaries may not be cited or relied upon as they are not the official language of the division. Any discrepancy between the language in the summary and in the opinion should be resolved in favor of the language in the opinion.

SUMMARY January 25, 2024

2024COA10

No. 23CA0004, Stone Group Holdings v Ellison — Remedies — Damages — Interest on Damages — Prejudgment Interest; Appeals — Final Appealable Order

Answering a question left unresolved in Grand County Custom

Homebuilding, LLC v. Bell, 148 P.3d 398 (Colo. App. 2006), a

division of the court of appeals holds that an order granting

prejudgment interest is reduced to a sum certain and is therefore

final and appealable when the amount is calculable on the face of

the order. Prejudgment interest is facially calculable when the

order states (1) the amount of the judgment; (2) the prejudgment

interest rate; and (3) the date when the interest began accruing. COLORADO COURT OF APPEALS 2024COA10

Court of Appeals No. 23CA0004 Boulder County District Court No. 21CV30567 Honorable Dea M. Lindsey, Judge

Stone Group Holdings LLC, a Colorado limited liability company,

Plaintiff-Appellee,

v.

Todd Ellison and MC2 Boulder LLC, d/b/a Marquis Cannabis, a Colorado limited liability company,

Defendants-Appellants

and

D.J. Marcus

Attorney-Appellant.

APPEAL DISMISSED

Division IV Opinion by JUDGE GROVE Navarro and Lum, JJ., concur

Announced January 25, 2024

Gard Law Firm, L.L.C., Jeffrey S. Gard, Austin Q. Hiatt, Boulder, Colorado, for Plaintiff-Appellee

Ogborn Mihm, LLP, D.J. Marcus, Denver, Colorado, for Defendants-Appellants and Attorney-Appellant ¶1 In this dispute over a failed investment in a marijuana

business, defendants, Todd Ellison and MC2 Boulder LLC, d/b/a

Marquis Cannabis (MC2), and their attorney, D.J. Marcus, appeal

three separate district court orders that (1) granted summary

judgment to plaintiff, Stone Group Holdings LLC, on its breach of

contract claim; (2) awarded attorney fees based on fee-shifting

language in that contract; and (3) sanctioned Ellison, MC2, and

Marcus for failing to disclose certain information during discovery.

We conclude that the notice of appeal was untimely and therefore

dismiss the appeal for lack of jurisdiction.

I. Background

¶2 MC2 was a licensed marijuana business whose principals,

Ellison and Ryan Quinn, agreed to sell two-thirds of their company

to Stone Group. Under the terms of the parties’ contract, which

was executed on April 24, 2020, Ellison and Quinn were to apply

for a change of ownership once they received Stone Group’s

payment of $175,000. Stone Group wired that amount four days

after the parties signed the contract, but no transfer of ownership

ever occurred.

1 ¶3 Six months later, Stone Group filed a complaint alleging

breach of contract against Ellison and Quinn and unjust

enrichment against all three defendants. Quinn never responded to

the complaint, and the district court entered a default judgment

against him. Stone Group then moved for summary judgment

against Ellison and MC2 on its unjust enrichment claim. They did

not respond to the motion, so on April 11, 2022, the district court

granted it and ordered Ellison and MC2 to pay Stone Group

“$175,000 plus statutory interest, with interest commencing on

April 24, 2020.”

¶4 Shortly thereafter, Stone Group filed a second motion for

partial summary judgment, this time on the breach of contract

claim. The motion sought to compel all three defendants to follow

through on the contractual term that required them to transfer two-

thirds of the company to Stone Group.

¶5 While this motion was pending, Stone Group learned that,

several months earlier, MC2 had missed the deadline for renewal of

its marijuana license, rendering the company valueless once its

prior license expired. Stone Group sought sanctions against

2 Ellison, MC2, and its attorney (Marcus) for failing to disclose this

development in discovery.

¶6 On May 18, 2022, the district court granted the motion for

partial summary judgment but declined to award specific

performance or other contractual damages because it found that

“rescission of the [c]ontract essentially occurred” when, in the first

partial summary judgment order, it ordered the return of the

$175,000 that Stone Group had paid. However, relying on the

contract’s fee-shifting provision, the court awarded Stone Group its

attorney fees stemming from the litigation of the contract claim and

instructed Stone Group to submit an affidavit in support of its fee

request within fourteen days.

¶7 On May 26, 2022, the court granted Stone Group’s motion for

discovery sanctions and awarded it attorney fees from the time that

the defendants knew the late licensure application had been denied

to the date of the order — a period of approximately four months.

The court again instructed Stone Group to submit an affidavit

reflecting its attorney fees incurred during that period and, on June

8, 2022, clarified that the sanctions were imposed jointly and

severally against Ellison, MC2, and Marcus.

3 ¶8 Also on June 8, 2022, the parties filed a stipulated motion for

dismissal of the defendants’ counterclaims and requested that the

trial be vacated. The district court granted the motion the same

day.

¶9 In an order issued on June 21, 2022, the court “award[ed]

attorney fees in favor of [p]laintiff and against [Ellison and MC2] in

the amount of $16,000.00 related to the prosecution of the breach

of contract claim.” The order made no reference to prejudgment or

postjudgment interest.

¶ 10 Litigation over the attorney fee award and the proper amount

of sanctions continued. After a hearing, the court ordered the

following on October 11, 2022:

 “[Ellison, MC2, and Marcus] shall pay Plaintiff $16,000 in

damages related to Plaintiff’s litigation of their breach of

contract claim.” Importantly, the court’s June 21 order

applying the fee-shifting provision of the contract had

only awarded fees against Ellison and MC2. We are

unable to discern from the record why the October 11

order added the defendants’ counsel to the fee award

arising from the breach of contract claim.

4  “[Ellison, MC2, and Marcus] shall pay Plaintiff $6,000 in

damages [as a discovery sanction] related to [the]

violation of C.R.C.P. Rules 11 and 26.”

 “The Court reiterates its finding in its June 8, 2022 order

that sanctions are imposed jointly and severally against

[Ellison, MC2,] and their counsel.”

¶ 11 Shortly thereafter, Stone Group filed a motion requesting that

“final judgment be entered in the present matter.” (In its reply brief,

Stone Group explained that it filed the motion “so that plaintiff

could begin the collections process.”) Stone Group requested the

entry of judgment in the following amounts:

 $215,033.65 owed jointly and severally by Ellison and

MC2 on the unjust enrichment claim, which appears to

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Stone Group Holdings LLC v. Todd Ellison, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stone-group-holdings-llc-v-todd-ellison-coloctapp-2024.