TANGIBLE SECURED FUNDING, INC., ETC. VS. IMAGING CENTER OF ORADELL, LLC VS. NORTH MOUNTAIN HEALTHCARE, LLC ANNE MAVROUDIS VS. GENERAL ELECTRIC CAPITAL CORPORATON (L-825-11 AND L-2249-13, BERGEN COUNTY AND STATEWIDE) (CONSOLIDATED)

CourtNew Jersey Superior Court Appellate Division
DecidedJune 23, 2017
DocketA-4440-13T3/A-2284-14T1/A-2299-14T1
StatusUnpublished

This text of TANGIBLE SECURED FUNDING, INC., ETC. VS. IMAGING CENTER OF ORADELL, LLC VS. NORTH MOUNTAIN HEALTHCARE, LLC ANNE MAVROUDIS VS. GENERAL ELECTRIC CAPITAL CORPORATON (L-825-11 AND L-2249-13, BERGEN COUNTY AND STATEWIDE) (CONSOLIDATED) (TANGIBLE SECURED FUNDING, INC., ETC. VS. IMAGING CENTER OF ORADELL, LLC VS. NORTH MOUNTAIN HEALTHCARE, LLC ANNE MAVROUDIS VS. GENERAL ELECTRIC CAPITAL CORPORATON (L-825-11 AND L-2249-13, BERGEN COUNTY AND STATEWIDE) (CONSOLIDATED)) 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.

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TANGIBLE SECURED FUNDING, INC., ETC. VS. IMAGING CENTER OF ORADELL, LLC VS. NORTH MOUNTAIN HEALTHCARE, LLC ANNE MAVROUDIS VS. GENERAL ELECTRIC CAPITAL CORPORATON (L-825-11 AND L-2249-13, BERGEN COUNTY AND STATEWIDE) (CONSOLIDATED), (N.J. Ct. App. 2017).

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NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court."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-4440-13T3 A-2284-14T1 A-2299-14T1

TANGIBLE SECURED FUNDING, INC., (Substituted for Plaintiff General Electric Credit Corporation),

Plaintiff-Respondent,

v.

IMAGING CENTER OF ORADELL, LLC, JOHN M. MAVROUDIS, THOMAS DINARDO, and JOSEPH F. BELASCO,

Defendants,

and

MICHAEL J. MAVROUDIS,

Defendant-Appellant,

IMAGING CENTER OF ORADELL, LLC,

Third-Party Plaintiff,

NORTH MOUNTAIN HEALTHCARE, LLC, and GE HEALTHCARE,

Third-Party Defendants. _______________________________ TANGIBLE SECURED FUNDING, INC.,

IMAGING CENTER OF ORADELL, LLC, THOMAS DINARDO, and JOSEPH F. BELASCO,

JOHN M. MAVROUDIS and MICHAEL J. MAVROUDIS,

Defendants-Appellants,

Third-Party Defendants. _______________________________

ANNE MAVROUDIS and JOHN MAVROUDIS,

Plaintiffs-Appellants,

GENERAL ELECTRIC CAPITAL CORPORATION and the SHERIFF OF BERGEN COUNTY,

Defendants-Respondents.

2 A-4440-13T3 _______________________________________________________________

Submitted January 31, 2017 – Decided June 23, 2017

Before Judges Reisner and Rothstadt.

On appeal from the Superior Court of New Jersey, Law Division, Bergen County, Docket Nos. L-825-11 and L-2249-13.

Mavroudis Law, LLC, attorneys for appellants (John M. Mavroudis, Philip L. Guarino and Michael D. Camarinos, on the briefs).

Pfund McDonnell, PC, attorneys for respondent Bergen County Sheriff's Office (Michael A. Augello, Jr., on the brief).

Respondent Tangible Secured Funding, Inc. has not filed a brief.

Respondent General Electric Capital has not filed a brief.

PER CURIAM

These three appeals, which we have consolidated for purposes

of writing one opinion, all relate to Tangible Secured Funding,

Inc.'s (Tangible) pursuit of the satisfaction of a judgment

previously entered in its predecessor's favor against Michael J.

Mavroudis and John M. Mavroudis. We affirmed the judgment in an

earlier opinion. See Gen. Elec. Capital Corp. v. Imaging Ctr. of

Oradell, LLC., No. A-3001-11 (App. Div. June 12, 2013) (slip op.

3 A-4440-13T3 at 11-12). Michael1 now appeals (A-4440-13) from the Law

Division's May 22, 2014 denial of his application for a statutory

exemption for household goods and furniture, N.J.S.A. 2A:26-4. He

and John also appeal (A-2284-14) from the court's award of

$1,433,496.10 in counsel fees and costs in the action underlying

the judgment. John and his wife, Anne Mavroudis, appeal (A-2299-

14) from a $67,219.93 counsel fee and cost award in a separate

action they filed against Tangible seeking to exclude certain

personal property – a painting – from being levied upon by the

Bergen County Sheriff.2

We affirm the denial of the statutory exemption sought by

Michael, but vacate and remand the counsel fee awards in the

remaining matters for the reasons that follow.

The material facts as gleaned from the various motion records

are not in dispute and can be summarized as follows. The Law

Division entered the underlying judgment in 2012 against Michael,

1 In order to avoid confusion created by the parties' common surname, we refer to them by their first names. 2 We previously considered that matter as well in an earlier opinion, in which we rejected Anne's and John's challenge to "a November 1, 2013 order finding them in contempt for violating two court orders and, as a sanction, requiring them to pay $10,000 and [Tangible]'s counsel fees and costs. We affirm[ed] in all respects except with regard to the $10,000 sanction, which we reverse[d] and remand[ed]." Mavroudis v. Tangible Secured Funding Inc., No. A-1118-13T1 (App. Div. June 14, 2016) (slip op. at 2).

4 A-4440-13T3 John, and others for in excess of $2.5 million as a result of

defendant, Imaging Center of Oradell, LLC's (ICO), breach of an

equipment lease between it and Tangible's predecessor, General

Electric Capital Corp. (GECC), and based upon Michael's and John's

status as guarantors of ICO's performance. See Gen. Elec. Capital

Corp., supra, slip op. at 1-5. The court also determined that,

based on the provisions of the parties' agreements, GECC was

entitled to attorneys' fees, but it could not fix the amount due

to deficiencies in the information supplied by GECC's counsel.3

After the entry of the judgment, the court issued a writ of

execution, and the Office of the Bergen County Sheriff levied on

what it determined to be Michael's assets4 and scheduled a sale.

Michael filed an objection to the levy and an election of

exemptions, asserting he was entitled to two $1,000 exemptions,

one for household goods and furniture under N.J.S.A. 2A:26-4, and

3 In the ensuing appeal, in addition to affirming the entry of the judgment, we remanded for consideration of the open issue of counsel fees and costs. Id. at 16. 4 In 2014, when Tangible sought to have the Bergen County Sheriff levy on personal property in Michael's home, a dispute arose about the property's ownership between Tangible, Michael's former wife Vanessa, and two entities that claimed ownership to a car and certain items located in Michael's and Vanessa's former marital home. The Law Division released the property claimed by the two entities from the levy and dismissed Vanessa's action without prejudice to her filing a separate action. Vanessa never pursued the claim.

5 A-4440-13T3 another for personal property under N.J.S.A. 2A:17-19. The sale

took place, and the next day the court considered the issue of the

exemptions. At the hearing, Michael asserted that the property

in the house belonged to his former wife under their property

settlement agreement.5 After considering Michael's and the Bergen

County Sheriff's positions, the court granted the exemption for

the personal property, but refused to grant Michael an additional

exemption for household goods and furniture. The court entered

its May 22, 2014 order memorializing its decision, and Michael

filed his appeal from that order.

Later in 2014, Tangible's attorneys filed a motion for an

order fixing the amount of the counsel fees and costs awarded in

the 2012 judgment against Michael and John and for the same relief

for services rendered through June 2014, without prejudice to

future applications for fees incurred after that date. Tangible

filed a separate motion to fix the amount of fees that the court

awarded in its November 1, 2013 order finding John and Anne in

contempt for attempting to alienate the painting. In support of

its fee applications, Tangible's attorneys submitted

5 On January 7, 2014, the Family Part entered a final judgment of divorce that incorporated their property settlement agreement. The settlement agreement stated that "[h]usband and [w]ife agree that all personal property in the marital home shall be the property of the [w]ife."

6 A-4440-13T3 certifications, detailing the tasks performed, and an expert

report asserting the work done was reasonable. The submission

included billing records for work performed by Arlene N.

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TANGIBLE SECURED FUNDING, INC., ETC. VS. IMAGING CENTER OF ORADELL, LLC VS. NORTH MOUNTAIN HEALTHCARE, LLC ANNE MAVROUDIS VS. GENERAL ELECTRIC CAPITAL CORPORATON (L-825-11 AND L-2249-13, BERGEN COUNTY AND STATEWIDE) (CONSOLIDATED), Counsel Stack Legal Research, https://law.counselstack.com/opinion/tangible-secured-funding-inc-etc-vs-imaging-center-of-oradell-llc-vs-njsuperctappdiv-2017.