United Dairy Farmers, Inc. v. Value Dev. Corp.

2023 Ohio 4232, 229 N.E.3d 717
CourtOhio Court of Appeals
DecidedNovember 21, 2023
Docket2023-CA-0007 & 2023-CA-00020
StatusPublished

This text of 2023 Ohio 4232 (United Dairy Farmers, Inc. v. Value Dev. Corp.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
United Dairy Farmers, Inc. v. Value Dev. Corp., 2023 Ohio 4232, 229 N.E.3d 717 (Ohio Ct. App. 2023).

Opinion

[Cite as United Dairy Farmers, Inc. v. Value Dev. Corp., 2023-Ohio-4232.]

COURT OF APPEALS FAIRFIELD COUNTY, OHIO FIFTH APPELLATE DISTRICT

JUDGES: UNITED DAIRY FARMERS, INC. : Hon. W. Scott Gwin, P.J. : Hon. John W. Wise, J. Appellant-Cross Appellee : Hon. Andrew J. King, J. : -vs- : : Case Nos. 2023-CA-00007 VALUE DEVELOPMENT : 2023-CA-00020 CORPORATION, ET AL : : Appellees-Cross Appellants : OPINION

CHARACTER OF PROCEEDING: Civil appeal from the Fairfield County Court of Common Pleas, Case No. 2022-CV- 00011

JUDGMENT: Affirmed

DATE OF JUDGMENT ENTRY: November 21, 2023

APPEARANCES:

For: UDF For: Value Development

STEVEN C. COFFARO JOSEPH R. MILLER STEPHANIE M. SCOTT JOHN M. KUHL One East Fourth St., Ste. 1400 ELIZABETH S. ALEXANDER Cincinnati, OH 45202 MUNA ABDALLAH 52 East Gay Street, Box 1008 Columbus, OH 43216-1008 Fairfield County, Case No. 2023-CA-00007 & 2023-CA-00020 2

Gwin, P.J.

{¶1} Both parties appeal the judgment entries of the Fairfield County Court of

Common Pleas.

Facts & Procedural History

{¶2} On January 13, 2022, Value Development Corporation, Basic Industries

Group Corporation, and Rocco Sabatino, Trustee of the Rocco Sabatino Revocable Trust

(collectively “Value Development”) filed a complaint against United Dairy Farmers

(“UDF”). The complaint sought a declaratory judgment, preliminary and permanent

injunctions, and damages, and includes the following counts: Count One, seeking a

declaratory judgment that UDF defaulted with respect to its duties and obligations under

the Agreement by failing to release the deposit to Value Development; (2) Count Two,

breach of the Agreement by failing to consummate the Agreement and take title to a

portion of the property as set forth in the Agreement and by refusing to release the deposit

to Value Development; (3) Count Three, seeking a declaratory judgment that UDF has no

interest in the property and no right to specific performance; (4) Count Four, seeking a

preliminary and permanent injunction prohibiting UDF from taking any action to claim it

has interest in the property or seek specific performance of the Agreement; and (5) Count

Five, recovery of attorneys’ fees pursuant to paragraph 17.2 of the Agreement.

{¶3} UDF filed an answer and counterclaims on February 15, 2022. UDF’s

counterclaims are as follows: Count 1, breach of contract and request for an order of

specific performance directing Value Development to close on the sale of the property to

UDF, and Count 2, breach of implied covenant of good faith and fair dealing. Fairfield County, Case No. 2023-CA-00007 & 2023-CA-00020 3

{¶4} In July of 2022, UDF filed a motion for summary judgment against Value

Development for its counterclaims. The trial court issued a judgment entry on August 1,

2022, denying UDF’s motion for summary judgment. The trial court found there were

genuine issues of material fact that should be left to the fact-finder to resolve because

there were inconsistencies and ambiguities concerning the expiration date of the

inspection period, the closing deadline, and the finalization of the cut-up documents.

Further, the trial court found that in order to resolve the questions or ambiguities, the court

would have to assess and evaluate the parties’ credibility, which is inappropriate for

summary judgment.

{¶5} The magistrate conducted a two-day bench trial on August 2 and August 3

of 2022. The following facts are adduced from the bench trial.

{¶6} Value Development owns three contiguous parcels of real estate in Fairfield

County, totaling approximately 3.8 acres. The property is vacant except for a 6,000

square foot barn. The property is bounded on the west by Milnor Road (running

north/south) and to the south by Refugee Road (running east/west).

{¶7} Value Development and UDF entered into a real estate contract

(“Agreement”) on April 30, 2021. The Agreement was drafted by UDF’s attorney.

Pursuant to the Agreement, UDF agreed to purchase 1.97 acres of land, to be cut-up and

re-platted from the 3.82 acre “Mother Tract” of property, for a purchase price of $700,000

per acre. UDF also agreed to purchase an access easement from Value Development

for $350,000 per acre. UDF was required to make a $10,000 earnest money deposit into

escrow. Fairfield County, Case No. 2023-CA-00007 & 2023-CA-00020 4

{¶8} The Agreement required the parties to “mutually agree (in their reasonable

discretion) on the Plat of Survey and legal descriptions for the cut-up of the Mother Tract

into two (2) or more standalone parcels.” Value Development was responsible for the

costs associated with the preparation and recording of the cut-up documents. It is

undisputed that UDF took responsibility for the preparation of the cut-up documents, and

Value Development agreed to pay the $2,500 required to obtain these documents.

Pursuant to the Agreement, “the parties agree[d] that the Closing is contingent upon the

cut-up of the Property.”

{¶9} The Agreement provided for an inspection period to allow UDF to inspect

the property and satisfy certain contingencies under the Agreement, including obtaining

certain “Approvals.” UDF’s obligation to close was contingent upon obtaining these

“Approvals” during the inspection period, which included utilities, zoning permits, and

access, points, specifically, “full service, curb cut to Refugee Road three-way curb to

Milnor Road.” Value Development was required to “fully cooperate with [UDF] * * * in

every respect with regard to securing the Approvals of the Property.” Upon the expiration

of the inspection periods, all contingencies, including, but not limited to, any “Approvals,”

were deemed satisfied.

{¶10} There were two phases to the inspection period. The “Initial Inspection

Period” was ninety (90) days, commencing upon the Effective Date of this Contract

(provided that if it takes more than sixty (60) days to complete the Cut-Up documents,

[UDF] shall have a day-for-day extension of the Initial Inspection Period.” UDF was also

allowed to exercise an additional 30-day Inspection Period upon payment of an additional

deposit of $5,000, which was called the “Extended Inspection Period.” Fairfield County, Case No. 2023-CA-00007 & 2023-CA-00020 5

{¶11} Closing was to occur on or before thirty days after the satisfaction or waiver

of all contingencies described in the Agreement, and not later than one hundred fifty (150)

days after April 30, 2021.

{¶12} The Agreement contained two specific provisions stating the remedies if

either party failed to close. Section 6.1, entitled “Failure to Close by Purchaser,” states

as follows:

In the event that Seller is ready, willing, and able to convey the Property in

accordance with this Contract, and Purchaser is obligated under the terms

of this Contract to consummate the transaction evidenced by this Contract

but fails to consummate this Contract and take title, then the parties hereto

recognize and agree that the damages that Seller will sustain as a result

thereof will be substantial, but difficult if not impossible to ascertain.

Therefore, the parties agree that, in the event of Purchaser’s default, Seller

shall retain the Deposit paid by Purchaser * * *as liquidated damages for

such failure to close, except for any indemnification obligations of Purchaser

hereunder. Seller’s right to retain the Deposit as provided in this Contract

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

Related

Erickson Enterprises, Inc. v. Louis Wohl & Sons, Inc.
422 So. 2d 1085 (District Court of Appeal of Florida, 1982)
Eastley v. Volkman
2012 Ohio 2179 (Ohio Supreme Court, 2012)
Morgan Woods Homeowners' Assn. v. Wills
2012 Ohio 233 (Ohio Court of Appeals, 2012)
Hull v. Astro Shapes, Inc.
2011 Ohio 1656 (Ohio Court of Appeals, 2011)
SPG, Inc. v. First St. Dev., L.L.C.
2016 Ohio 2824 (Ohio Court of Appeals, 2016)
Keal v. Day
840 N.E.2d 1139 (Ohio Court of Appeals, 2005)
Lutz v. Chesapeake Appalachia, L.L.C. (Slip Opinion)
2016 Ohio 7549 (Ohio Supreme Court, 2016)
Sanzo Ents., L.L.C. v. Erie Ins. Exchange
2021 Ohio 4268 (Ohio Court of Appeals, 2021)
Alexander v. Buckeye Pipe Line Co.
374 N.E.2d 146 (Ohio Supreme Court, 1978)
Seasons Coal Co. v. City of Cleveland
461 N.E.2d 1273 (Ohio Supreme Court, 1984)
Sandusky Properties v. Aveni
473 N.E.2d 798 (Ohio Supreme Court, 1984)
Celebrezze v. Netzley
554 N.E.2d 1292 (Ohio Supreme Court, 1990)
Shifrin v. Forest City Enterprises, Inc.
597 N.E.2d 499 (Ohio Supreme Court, 1992)
Nationwide Mutual Fire Insurance v. Guman Bros. Farm
652 N.E.2d 684 (Ohio Supreme Court, 1995)
Graham v. Drydock Coal Co.
667 N.E.2d 949 (Ohio Supreme Court, 1996)
Stevens v. Ackman
91 Ohio St. 3d 182 (Ohio Supreme Court, 2001)
Stark Commons, Ltd. v. Landry's Seafood House—Ohio, Inc.
917 N.E.2d 812 (Ohio Supreme Court, 2009)
Burger King Corp. v. Mason
710 F.2d 1480 (Eleventh Circuit, 1983)

Cite This Page — Counsel Stack

Bluebook (online)
2023 Ohio 4232, 229 N.E.3d 717, Counsel Stack Legal Research, https://law.counselstack.com/opinion/united-dairy-farmers-inc-v-value-dev-corp-ohioctapp-2023.