UMB Bank, N.A., Appellant v. P The MacMillin Company, LLC, et al., Appellees

2023 DNH 130
CourtDistrict Court, D. New Hampshire
DecidedOctober 16, 2023
Docket23-cv-036-LM
StatusPublished
Cited by1 cases

This text of 2023 DNH 130 (UMB Bank, N.A., Appellant v. P The MacMillin Company, LLC, et al., Appellees) is published on Counsel Stack Legal Research, covering District Court, D. New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
UMB Bank, N.A., Appellant v. P The MacMillin Company, LLC, et al., Appellees, 2023 DNH 130 (D.N.H. 2023).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW HAMPSHIRE

UMB Bank, N.A., Appellant

v. Civil No. 23-cv-036-LM Opinion No. 2023 DNH 130 P The MacMillin Company, LLC, et al., Appellees

ORDER

UMB Bank, N.A., appeals the bankruptcy court’s order (doc. no. 588 in the

bankruptcy proceeding, Case No. 21-10523) that (1) granted appellee The MacMillin

Company’s motion seeking a determination that its mechanics’ lien has priority

over UMB Bank’s mortgage and (2) granted the motion filed by appellees Denron

Plumbing & HVAC, LLC; Wallace Building Products Corporation; and JNR Gutters,

Inc. (collectively the “subcontractors”) requesting the same. For the following

reasons, the bankruptcy court’s order is affirmed in part, and vacated in a limited

respect and remanded in part.

STANDARD OF REVIEW

Under 28 U.S.C. § 158(a), this court has jurisdiction to hear appeals from

final judgments, orders, and decrees of the bankruptcy court. District courts

reviewing an appeal from a bankruptcy court decision generally examine the

bankruptcy court’s findings of fact for clear error, and its conclusions of law de novo.

Stilkey v. Marsters, No. 17-cv-337-LM, 2018 WL 345946, at *2 (D.N.H. Jan. 9, 2018). Discretionary rulings made under the bankruptcy code are reviewed for

abuse of discretion. Id. This court may affirm, modify, reverse, or remand the

bankruptcy court’s judgment with instructions for further proceedings. See GT

Advanced Techs. Inc. v. Harrington, No. 15-cv-69-LM, 2015 WL 4459502, at *1

(D.N.H. July 21, 2015).

BACKGROUND

The parties stipulated to the factual record before the bankruptcy court, and

the relevant background facts are not disputed.

Debtor Prospect-Woodward was a not-for-profit corporation which owned and

operated a retirement facility in Keene, New Hampshire. On April 14, 2017,

Prospect-Woodward hired MacMillin to manage the facility’s construction.

Appellees Denron Plumbing, Wallace Building Products, and J.N.R. Gutters were

some of MacMillin’s subcontractors.

About a month later, on May 15, MacMillin began preliminary work on the

facility. This work included tree clearing pursuant to a wetlands permit that

required such work to be performed before June 1, 2017. The subcontractors

involved in this appeal did not begin work until later.

Under a loan agreement dated June 1, 2017, a state agency loaned proceeds

of a bond sale to Prospect-Woodward to finance the facility’s construction. On June

2 19 appellant UMB Bank’s predecessor in interest1 recorded the mortgage against

the facility.

MacMillin worked under the construction contract through 2019. During this

time, UMB Bank paid MacMillin at least $55 million for labor and materials from

the money loaned to Prospect-Woodward. MacMillin executed partial lien waivers

over the course of the project. The partial lien waivers expressly reserved

MacMillin’s mechanics’ lien for unpaid retainage, interest, pending unresolved

change order requests, unresolved claims, and amounts not yet billed by

MacMillin’s subcontractors and suppliers.

By 2019, the facility was almost complete. Prospect-Woodward, however,

stopped paying MacMillin because of alleged construction defects. Between July

and October 2019, MacMillin and its subcontractors sued Prospect-Woodward for

breach of contract and to perfect their then-inchoate mechanics’ liens.

On October 25, 2019, a state court found that MacMillin and its

subcontractors were likely to prevail on their claims and were entitled to

attachments. MacMillin recorded the writ of attachment and the state court's order

based on the mechanics’ liens on October 31. The total amount of these liens is

approximately $5.7 million.

1 UMB Bank is the assigned trustee of the mortgage. For ease of reference and because it makes no difference as to the legal issues involved in this appeal, the court generally refers to UMB Bank when discussing actions taken by its predecessors in interest, though it may have been, in fact, UMB Bank’s predecessors in interest or such predecessors’ agents taking the action.

3 Prospect-Woodward filed a chapter 11 bankruptcy petition in August 2021.

In the bankruptcy, UMB Bank’s mortgage is an allowed claim2 against Prospect-

Woodward that is secured by the facility to the extent of the mortgage amount,

which is about $65 million. MacMillin and the subcontractors also have allowed

claims via their mechanics’ liens on the facility totaling approximately $5.7 million.

In late 2021, the bankruptcy court approved a sale of the facility for $33 million. As

these figures demonstrate, the facility’s sale will fail to cover all of UMB Bank’s,

MacMillin’s, and the subcontractors’ claims.

Understanding that reality, MacMillin and the subcontractors filed a motion

in the bankruptcy court arguing that, by virtue of their mechanics’ liens and a

victory under New Hampshire’s “race-notice” rules, they have priority over – or are

“senior” to – UMB Bank’s mortgage. UMB Bank objected, contending that its

mortgage has priority under a New Hampshire statute, RSA 447-12:a (“Section 12-

a”), or, alternatively, that it has priority under the race-notice rules, not MacMillin.

The bankruptcy court agreed with MacMillin, finding that MacMillin’s

mechanics’ lien had priority under the race-notice rules because UMB Bank had

actual or inquiry notice of MacMillin’s mechanics’ lien before it recorded the

mortgage. The bankruptcy court rejected UMB Bank’s argument that it was

entitled to priority under Section 12-a. The bankruptcy court also found that under

2 An “allowed claim” is a claim against the debtor that no party in interest has

objected to or that the bankruptcy court has found to be permitted. See 11 U.S.C. § 502(a); Bank of Am., N.A. v. Caulkett, 575 U.S. 790, 793 (2015). The parties have reserved litigation about the precise amounts of their claims, so the numbers used in this order are approximations consistent with the parties’ positions.

4 RSA 447:5 and 447:8, the subcontractors’ liens followed MacMillin’s priority. UMB

Bank filed this appeal and argues that the bankruptcy court erred as to all three

points.

DISCUSSION

Generally, in bankruptcy “state law governs the substance of claims.”

Travelers Cas. & Sur. Co. of Am. v. Pac. Gas & Elec. Co., 549 U.S. 443, 450 (2007).

The parties do not dispute that New Hampshire law governs the relative priority of

their claims.

New Hampshire is a “race-notice” jurisdiction, meaning that “a purchaser or

creditor has the senior claim if he or she records without notice of a prior

unrecorded interest.” Amoskeag Bank v. Chagnon, 133 N.H. 11, 14 (1990); In re

McLaughlin, Nos. BK 09-11671-JMD, BK 09-11672-JMD, & BK 09-11673-JMD,

2011 WL 1706791, at *3 (Bankr. D.N.H. May 4, 2011). In other words, when there

are two interests competing for priority, the first creditor to have recorded its

interest has priority over the second-in-time creditor’s interest, unless the first

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Cite This Page — Counsel Stack

Bluebook (online)
2023 DNH 130, Counsel Stack Legal Research, https://law.counselstack.com/opinion/umb-bank-na-appellant-v-p-the-macmillin-company-llc-et-al-nhd-2023.