Trust of Lee O. Gaston, a Kentucky Trust by and Through Larry Gaston, Trustee v. Angelena Etherton

CourtCourt of Appeals of Kentucky
DecidedJanuary 11, 2024
Docket2023 CA 000327
StatusUnknown

This text of Trust of Lee O. Gaston, a Kentucky Trust by and Through Larry Gaston, Trustee v. Angelena Etherton (Trust of Lee O. Gaston, a Kentucky Trust by and Through Larry Gaston, Trustee v. Angelena Etherton) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Trust of Lee O. Gaston, a Kentucky Trust by and Through Larry Gaston, Trustee v. Angelena Etherton, (Ky. Ct. App. 2024).

Opinion

RENDERED: JANUARY 12, 2024; 10:00 A.M. NOT TO BE PUBLISHED

Commonwealth of Kentucky Court of Appeals NO. 2023-CA-0327-MR

TRUST OF LEE O. GASTON, A KENTUCKY TRUST BY AND THROUGH LARRY GASTON, TRUSTEE APPELLANT

APPEAL FROM BULLITT CIRCUIT COURT v. HONORABLE JOHN T. ALEXANDER, JUDGE ACTION NO. 20-CI-00721

ANGELENA ETHERTON; JOHN A. SCHMIDT; KATHLEEN SCHMIDT; SCHMIDT LAW OFFICE, P.S.C.; AND STOCK YARDS BANK AND TRUST COMPANY APPELLEES

OPINION AFFIRMING

** ** ** ** **

BEFORE: ACREE, COMBS, AND ECKERLE, JUDGES.

COMBS, JUDGE: The Trust of Lee O. Gaston, through Larry Gaston, Trustee,

(the Trust), appeals from the summary judgment of the Bullitt Circuit Court entered in favor of Angelena Etherton and from an order that granted her motion to

quash discovery. After our review, we affirm.

Lee O. Gaston died in 1990, and his will was duly admitted to

probate. It contained a testamentary Trust created and established for the benefit,

in part, of his widow, Mary K. Gaston. Based upon the Trust terms, the trustee

was to pay Trust income to Mary over her lifetime; disbursements from principal

were authorized as well.

John A. Schmidt of Schmidt and Etherton Law Offices, P.S.C., was

appointed successor trustee in June 2012. At that point, the corpus of the Trust

consisted of approximately $586,000 held in bank and investment accounts at

Stock Yards Bank as well as a parcel of real estate in Shepherdsville. The real

estate was eventually sold and netted approximately $300,000.

Mary Gaston was in regular contact with Stock Yards Bank

concerning her requests for disbursements from the Trust. She became dissatisfied

with Schmidt and the bank representatives for their alleged failure to provide a

satisfactory accounting concerning Trust assets.

In March 2019, Gaston hired counsel to petition the court for an

accounting of the Trust’s assets, distributions, and expenses. Schmidt was

subsequently removed as trustee. He had allegedly transferred nearly $200,000 in

-2- the Trust’s funds to various bank accounts held in his name and his firm’s name.

He also transferred funds to a joint account held with his wife, Kathleen Schmidt.

In September 2020, the Trust, through its trustee, filed a civil action

against: Schmidt; his law firm; his wife; Stock Yards Bank; Brenda Elliott (a non-

attorney employee of Schimdt’s firm); and the Appellee, Angelena Etherton, a

practicing attorney. In its complaint, the Trust alleged that John Schmidt breached

his fiduciary duty to the Trust; negligently invested its assets; converted its assets;

and committed other criminal offenses that damaged the Trust. It alleged that

Kathleen Schmidt conspired with her husband to convert the Trust’s assets. It also

claimed that by failing to alert beneficiaries “to Schmidt’s activities,” Stock Yards

Bank breached its duties to the Trust. The Trust charged that Brenda Elliott was

“aware of” and “may have conspired with Schmidt in the financial improprieties

and mismanagement” of client funds. Finally, with respect to Etherton, the Trust

alleged that as a member of the bar and Schmidt’s law firm, she owed a duty to the

firm’s clients. It asserted that Etherton “knew or should have known of the

financial improprieties and mismanagement of [the Trust’s] funds” and that as a

result of her “negligent or intentional acts,” the Trust had been damaged.

However, it did not allege that Etherton converted Trust funds or conspired with

anyone to do so.

-3- Etherton answered and denied the allegations made against her.

Etherton specifically denied that she was a current or former member, partner,

and/or shareholder in Schmidt & Etherton Law Offices, P.S.C. She denied that she

failed to comply with her duties, obligations, or any applicable standard of care. In

response to written discovery, the Trust indicated that “Etherton’s role, or lack

thereof, in the enterprise will be clarified through discovery.”

By mid-July 2022 -- nearly two years after the litigation was

commenced, the Trust had propounded no discovery to Etherton. And so she filed

a motion for summary judgment. Etherton argued that there had never been a basis

to include her as a party to the civil action against Schmidt and the others. She

contended that she was entitled to judgment as a matter of law because the Trust

could not show that she owed any duty to it -- and much less that she breached a

duty. Attached to her memorandum in support of the motion were the responses of

the Trust to her requests to admit, in which the Trust admitted that Etherton had

never served as trustee nor had she provided legal services to the Trust. She also

explained that in response to discovery propounded to Schmidt, it was disclosed

that Schmidt had been the sole shareholder of the firm and that there had never

been a profit-sharing arrangement of any kind.

The Trust responded to Etherton’s motion for summary judgment the

following day with a notice to take her deposition.

-4- Etherton filed a motion to quash the deposition and to stay discovery

pending resolution of her motion for summary judgment. She observed that this

first discovery effort came only after she had filed her dispositive motion. She

contended that her deposition was scheduled merely to delay adjudication of her

motion and to harass and cause her to incur unnecessary expense. She noted that

in the nearly two years since the action had been filed, this was the first deposition

scheduled with respect to any claim against any party. Finally, she asserted that

no amount of discovery would alter the fact that she was entitled to judgment as a

matter of law.

The Trust responded. It argued that Etherton owed it an ethical

obligation; that she was “responsible for Schmidt’s conduct”; and that she was not

shielded from liability simply because the law practice operated as a professional

services corporation. The Trust also contended that summary judgment was

premature because it had not been given ample opportunity to complete its

discovery. It argued that it was:

entitled to learn what Etherton knew and when; the details of her handling of firm bank account information; what she saw and heard during field visits with [an auditor of the Administrative Office of the Courts]; whether she ever reported Schmidt to the Bar or law enforcement; and the extent of her relationship with [a particular Stock Yard’s Bank executive].

-5- By an order entered on November 16, 2022, the Bullitt Circuit Court

granted the motion for summary judgment. Its order included a comprehensive

analysis of the issues. The trial court concluded, in part, as follows (citations

excluded):

Duty “presents a question of law.” Its existence is indispensable to a successful negligence or malpractice action. The Trust has failed to establish a genuine issue of material fact as to whether Etherton owed a duty in this matter. It cannot proceed with a legal malpractice claim or a claim for breach of fiduciary duty without establishing that Etherton owed it a duty. It is undisputed that Etherton was never the trustee and Etherton never represented the Trust. [Moreover, under] Kentucky law, Etherton cannot be held personally liable for Schmidt’s alleged acts merely because she was a law partner of Schmidt or a shareholder, director, or officer of the PSC.

By an order entered on February 20, 2022, the circuit court made its

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Trust of Lee O. Gaston, a Kentucky Trust by and Through Larry Gaston, Trustee v. Angelena Etherton, Counsel Stack Legal Research, https://law.counselstack.com/opinion/trust-of-lee-o-gaston-a-kentucky-trust-by-and-through-larry-gaston-kyctapp-2024.