The PATRIOT GROUP, LLC v. STEVEN C. FUSTOLO & Others.

CourtMassachusetts Appeals Court
DecidedMay 28, 2024
Docket23-P-0293
StatusUnpublished

This text of The PATRIOT GROUP, LLC v. STEVEN C. FUSTOLO & Others. (The PATRIOT GROUP, LLC v. STEVEN C. FUSTOLO & Others.) is published on Counsel Stack Legal Research, covering Massachusetts Appeals Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
The PATRIOT GROUP, LLC v. STEVEN C. FUSTOLO & Others., (Mass. Ct. App. 2024).

Opinion

NOTICE: Summary decisions issued by the Appeals Court pursuant to M.A.C. Rule 23.0, as appearing in 97 Mass. App. Ct. 1017 (2020) (formerly known as rule 1:28, as amended by 73 Mass. App. Ct. 1001 [2009]), are primarily directed to the parties and, therefore, may not fully address the facts of the case or the panel's decisional rationale. Moreover, such decisions are not circulated to the entire court and, therefore, represent only the views of the panel that decided the case. A summary decision pursuant to rule 23.0 or rule 1:28 issued after February 25, 2008, may be cited for its persuasive value but, because of the limitations noted above, not as binding precedent. See Chace v. Curran, 71 Mass. App. Ct. 258, 260 n.4 (2008).

COMMONWEALTH OF MASSACHUSETTS

APPEALS COURT

23-P-293

THE PATRIOT GROUP, LLC

vs.

STEVEN C. FUSTOLO & others.1

MEMORANDUM AND ORDER PURSUANT TO RULE 23.0

After a bench trial on a complaint for civil contempt, a

judge of the Superior Court found that the defendant, Steven C.

Fustolo, violated a 2012 permanent injunction that imposed

certain spending limits on Fustolo's living expenses and

required him to document his expenditures until he satisfied an

outstanding $20.4 million judgment in favor of the plaintiff,

1Winchester Savings Bank was a trustee process defendant. The following defendants were joined solely on reach and apply claims: James J. Fox & Company LLP, National Tax Institute, Inc., CPE Meetings, Inc., Terrace Hall Partners LLC, Five High Street LLC, Huntington Properties, Inc., Property Trust Corporation, Huntington Properties Holding Company, L.L.C., 23- 25 Highland Avenue, LLC, Fustolo Development LLC, and Atlas Garden Supply LLC. Fustolo CPE, LLC, was later added as a reach and apply defendant pursuant to the judgment on the contempt complaint. the Patriot Group, LLC (Patriot). A judgment entered that,

among other things, ordered Fustolo to provide documentation of

his and his wife's annual expenditures from 2012 forward,

enjoined Fustolo and his wife from spending more than $7,000 per

month on ordinary living expenses, and added a newly-formed

entity, Fustolo CPE, LLC (Fustolo CPE), as a reach and apply

defendant.2 By separate order, the judge also awarded Patriot

$15,000 in attorney's fees.

On appeal, Fustolo argues that the judge erred in finding

Fustolo in violation of the injunction (but not in contempt)

both because the requirement that Fustolo provide annual

documentation of his expenditures was not clear and unequivocal,

and because Fustolo was not obligated to comply with the

injunction during two bankruptcy stays entered in this matter.

Fustolo also argues that the judge exceeded his authority by

clarifying the injunction to require Fustolo to provide annual

accountings dating back to 2012, by adding to Fustolo's wife and

Fustolo CPE to the injunction, and by awarding attorney's fees

to Patriot. We affirm.

2 Although Fustolo's notice of appeal also identifies a May 31, 2022 order for judgment, and an August 23, 2022 order on Patriot's motion to compel Fustolo's compliance with the order for judgment, we treat those two orders as subsumed in the judgment on the contempt complaint dated January 6, 2023.

2 Background. We set forth those facts that are undisputed,

as well as the facts found by the judge after trial. We reserve

certain facts for our later discussion.

1. Underlying judgment and injunction. Fustolo has been a

certified public accountant (CPA) since the 1980s. He has

wholly owned and operated businesses involving real estate

development, publishing, and continuing professional education

for CPAs, attorneys, and other tax professionals. In 2007,

Fustolo created a company to hold and develop a property located

in the city of Revere. That development company secured a $13.6

million loan from Patriot, a private lender. The company

subsequently defaulted on the loan and Fustolo became liable

under a personal guaranty.

In February 2010, Patriot brought an action in the Superior

Court against Fustolo under the guaranty and named several

companies that are owned by Fustolo as reach and apply

defendants (Superior Court action).3 In May 2011, a separate and

final judgment entered against Fustolo in the amount of $20.4

million. Patriot then moved for entry of a reach and apply

judgment and permanent injunction under G. L. c. 214, § 3 (6).

In April 2012, final judgment and a permanent injunction entered

3 For the names of the reach and apply defendants, see note 1, supra.

3 against Fustolo and the reach and apply defendants. As relevant

here, paragraphs two and four of the injunction read as follows:

"2. That Steven C. Fustolo and his respective managers, agents, members, partners, nominees, representatives, servants, employees, attorneys, and all people in active concert or participation with them are permanently restrained and enjoined from directly or indirectly assigning, alienating, selling, transferring, pledging, encumbering, concealing or in any other manner, disposing of, diminishing, dissipating, re-directing or otherwise instructing the re-direction and/or misapplication of any and all intangible properties received by Steven C. Fustolo from the Reach and Apply Defendants, except to pay ordinary living expenses for mortgage, food and the like, not to exceed $84,000 per year or a cumulative average of $7,000 per month, to be documented to the Plaintiff on an annual basis, and to pay ordinary operating expenses for the operation of the Reach and Apply Defendants, including but not limited to real estate taxes, utilities, insurance premiums, payroll (excluding Steven C. Fustolo), payroll taxes, occupancy costs, and supplies, or as otherwise directed by this Court and from paying any monies directly or indirectly to any other person or entity created or controlled by Steven C. Fustolo;

. . .

"4. That the Reach and Apply Defendants . . . and all of their respective managers, directors, officers, agents, partners, members, subsidiaries, nominees, representatives, servants, employees and attorneys, and each and every one of them, and all people in active concert or participation with them, are permanently restrained and enjoined from directly or indirectly paying money or any other form of compensation or dividend to or for the benefit of Steven C. Fustolo, or from altering, amending, modifying, hypothecating, assigning, alienating, selling, transferring, encumbering, concealing or in any other manner, disposing of, diminishing or dissipating the value of Steven C. Fustolo's beneficial, equitable, shareholder and/or ownership interests in the Reach and Apply Defendants. However, the above Reach and Apply Defendants may advance funds to Fustolo in an amount not to exceed $84,000 per year or a cumulative average of $7,000 per

4 month to cover his personal living expenses as described above in paragraph 2, or to pay the Plaintiff."

2. Bankruptcy matters. Shortly after the injunction

issued, in 2013, Patriot (and other creditors) brought a chapter

7 involuntary bankruptcy proceeding against Fustolo. In 2014,

Patriot (and another creditor) commenced a related adversary

proceeding against Fustolo, also in bankruptcy court, seeking to

except certain debts from discharge or, in the alternative, deny

Fustolo a discharge. After a six-day trial, the bankruptcy

judge ultimately denied Fustolo's bankruptcy discharge.

While the bankruptcy matters were pending, two automatic

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The PATRIOT GROUP, LLC v. STEVEN C. FUSTOLO & Others., Counsel Stack Legal Research, https://law.counselstack.com/opinion/the-patriot-group-llc-v-steven-c-fustolo-others-massappct-2024.