Tafel v. Lion Antique Cars & Investments, Inc., A/K/A Lion Antique Investments & Consulting Services, Inc.

CourtSupreme Court of Georgia
DecidedJune 15, 2015
DocketS15A0183, S15X0184
StatusPublished

This text of Tafel v. Lion Antique Cars & Investments, Inc., A/K/A Lion Antique Investments & Consulting Services, Inc. (Tafel v. Lion Antique Cars & Investments, Inc., A/K/A Lion Antique Investments & Consulting Services, Inc.) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tafel v. Lion Antique Cars & Investments, Inc., A/K/A Lion Antique Investments & Consulting Services, Inc., (Ga. 2015).

Opinion

287 Ga. 334 FINAL COPY

S15A0183, S15X0184. TAFEL v. LION ANTIQUE CARS & INVESTMENTS, INC.; and vice versa.

THOMPSON, Chief Justice.

This appeal and cross-appeal involve a longstanding financial dispute

between appellant and cross-appellee, Jim Tafel, and appellee and cross-

appellant, Lion Antique Cars & Investments, Inc., a/k/a Lion Antique

Investments & Consulting Services, Inc., involving two Ferrari race cars. In the

main appeal, Tafel contends, among other things, that the trial court erred in

declining to exercise its equitable powers to mark satisfied a judgment that Lion

Antique had obtained against him. In the cross-appeal, Lion Antique argues that

the trial court erred in valuing the race cars for purposes of offsetting a part of

the judgment that it had obtained against Tafel. For the reasons that follow, we

affirm.1

1. This controversy stems from a December 2007 “Race Car Loan

1 Contrary to Lion Antique’s contention, we conclude that this case falls within our equity jurisdiction. See Ga. Const. of 1983, Art. VI, Sec. VI, Par. III. Agreement,” in which Lion Antique agreed to purchase two Ferrari F430 GT

race cars and loan them to Tafel for him to race. The agreement provided that

Lion Antique would hold title to the race cars; that at the end of the 2008 season,

Tafel either had to purchase the race cars or sell them to a third party; and that

the proceeds from any sale would go to Lion Antique, with Tafel being

responsible for paying Lion Antique for any difference between the sales price

and the original purchase price of the cars.

During the 2008 season, Lion Antique asserted Tafel committed a

technical default of the agreement by failing to sufficiently insure the cars and

filed suit against Tafel in California. In December 2008, Lion Antique obtained

a stipulated judgment against Tafel for about $1.5 million, including

$1,443,603.38 as the agreed purchase price of the two race cars.

Shortly thereafter, on January 14, 2009, Lion Antique filed a “Petition for

Ne Exeat” against Tafel in Georgia, alleging that Tafel still had possession of

the race cars and that Lion Antique had a reasonable fear that he would remove

or sell the race cars to its detriment. Lion Antique sought, among other things,

an injunction requiring Tafel to surrender the cars to it. Simultaneously, Lion

Antique filed a separate action seeking to domesticate the California judgment.

2 The trial court held an emergency hearing on Lion Antique’s ne exeat

petition, and, on January 20, 2009, issued a “Turnover Order” directing Tafel

to turn the race cars over to Lion Antique and ordering Lion Antique to

immediately market and sell the cars and to report the sales prices to the court

so that those amounts could be deducted from Lion Antique’s judgment against

Tafel. Tafel turned the race cars over to Lion Antique on January 22, 2009.

Thereafter, Lion Antique shipped one of the cars overseas to race and shipped

the second car to Nevada where it sat in a garage for the remainder of 2009. On

June 29, 2009, Lion Antique’s California judgment was domesticated in

Georgia.

On April 28, 2010, Tafel filed a motion for satisfaction of judgment,

arguing that Lion Antique’s judgment against Tafel should be marked satisfied

because Lion Antique violated the trial court’s Turnover Order by failing to

immediately market and sell the race cars. Following a hearing, the trial court

issued an order on July 21, 2010, denying Tafel’s motion, but agreeing to

schedule a jury trial to determine the value of the cars as of the date of the

Turnover Order so that the amount of the judgment could be reduced by that

amount. The superior court’s order also provided that upon completion of the

3 jury trial the court would hear additional evidence in order to rule on the

equitable issues raised by Tafel, including whether Lion Antique violated the

Turnover Order.

In June 2013, the jury found that the value of the cars as of the date of the

Turnover Order was $693,000. Thereafter, in anticipation of a final bench trial

on the remaining equitable issues, the trial court allowed the parties to pursue

additional discovery. During this discovery period, Tafel obtained a previously

unproduced insurance binder which indicated that the race cars had been insured

by Lion Antique at the time of the Turnover Order for $450,000 each.

On June 10, 2014, the trial court held a final hearing wherein it considered

the remaining equitable issues as well as the appropriate amount by which to

offset the judgment. In its final order entered June 30, 2014, the trial court

determined, among other things, that subtraction of the fair market value of the

race cars as of the date of the Turnover Order from the judgment remedied any

damages suffered by Tafel. Saying that the jury’s verdict was advisory and that

the insurance documents would have been relevant to the jury’s deliberation and

verdict, the court exercised its “equitable powers” and adjusted the jury’s

verdict, finding that the combined fair market value of the race cars was

4 $900,000, an amount which it then offset from the judgment as of the date of the

Turnover Order. The trial court ruled that Lion Antique’s judgment against

Tafel was liquidated and denied Tafel’s motion for attorney fees and expenses

pursuant to OCGA § 9-15-14 (b).

Case No. S15A0183

2. Tafel contends that a writ of ne exeat may only be used to restrain a

person from leaving the State and that the trial court thus erred in the Turnover

Order by issuing a writ of ne exeat ordering him to transfer the two race cars to

Lion Antique. We find no error in the trial court’s Turnover Order, as the trial

court did not, in substance, issue a writ of ne exeat.

Tafel correctly notes that OCGA § 23-3-20 says that “[t]he writ of ne

exeat shall issue to restrain a person from leaving the jurisdiction of the state”

and that it gives five examples of when a person may be restrained from leaving

the state, OCGA § 23-3-20 (1)-(5). However, although Lion Antique styled its

complaint as a petition for a writ of ne exeat, the substance of its complaint

sought the equitable relief of the transfer of the two race cars. Because

“‘substance, rather than nomenclature, governs pleadings,’” Kuriatnyk v.

Kuriatnyk, 286 Ga. 589, 590 (690 SE2d 397) (2010), the style of Lion Antique’s

5 complaint did not bar the trial court from ordering the transfer of the cars

pursuant to its equitable powers. Moreover, the appellate record does not

contain the transcript of the hearing on the petition for writ of ne exeat. Because

Tafel bears the burden to show error and because the transcript is necessary to

determine whether the trial court erroneously relied on ne exeat principles in

granting relief or properly relied on equitable principles in doing so, we “‘must

assume . . . that there was sufficient competent evidence to support the trial

court’s findings,’” and that “‘the judgment . . . was correct and affirm.’”

Barnwell v. TPCII, LLC, 295 Ga.

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