Vaughn v. Gold

CourtDistrict Court, E.D. Virginia
DecidedJune 10, 2025
Docket1:25-cv-00217
StatusUnknown

This text of Vaughn v. Gold (Vaughn v. Gold) is published on Counsel Stack Legal Research, covering District Court, E.D. Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vaughn v. Gold, (E.D. Va. 2025).

Opinion

UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA Alexandria Division

MICHAEL STEPHEN VAUGHN, Appellant, 1:25-cv-00217-MSN-IDD v.

H. JASON GOLD, Appellee.

MEMORANDUM OPINION AND ORDER Appellant Michael S. Vaughn filed for Chapter 13 bankruptcy four years ago. His case was converted into a Chapter 7 liquidation due to his failure to disclose multiple pre-petition transfers. In the course of managing the Chapter 7 Bankruptcy Estate, the United States Trustee, the appellee here, obtained court-approved counsel. Among other things, Counsel for the Trustee (“Counsel”) initiated an adversary proceeding against third party Brian DeAngelo, to whom Vaughn made a $300,000 pre-petition transfer. DeAngelo ultimately prevailed when the Trustee, through Counsel, failed to show that the transfer was actually or constructively fraudulent. Counsel then applied for an award of attorney’s fees and costs, with a large portion arising from the adversary proceeding against DeAngelo. Vaughn objected to this fee request. After finding that Vaughn lacked standing to object, the Bankruptcy Court allowed the fees, finding the request “reasonable.” On appeal, Vaughn maintains (1) that he has standing to challenge the fee award; (2) that this case is not equitably moot; and (3) that the Bankruptcy Court erred on the merits. Because Vaughn is correct on the first two points, and the Bankruptcy Court did not apply the appropriate legal framework when it approved the fee award, its Order will be vacated and remanded for further proceedings. On remand, the Bankruptcy Court should also address two secondary objections that it did not consider when it approved the fee award. I. BACKGROUND Vaughn filed a voluntary petition for bankruptcy under Chapter 13 on July 16, 2021. Bk. ECF 1.1 The Chapter 13 Trustee then moved to convert Vaughn’s case to one under Chapter 7.

Bk. ECF 16. In his motion, the Trustee focused on Vaughn’s failure to disclose two recent real estate transactions and related transfers. One involved Vaughn’s primary residence in Fairfax Station, Virginia. He sold that home in July 2020, netting $310,028.28 after payment of liens and settlement costs. Id. ¶¶ 9-10. Shortly after the sale closed, Vaughn wired $300,000 to Brian DeAngelo. Id. ¶ 11. The second transaction involved Vaughn’s vacation property in Corolla, North Carolina . Id. ¶ 12. On October 26, 2020, Vaughn conveyed the Corolla property via a deed of gift to a company called 1072 Lighthouse LLC, which turned out to be a “single purpose, single asset entity formed solely for the purpose of acquiring the [vacation home] from [Vaughn].” Id. ¶¶ 13- 15.

Because of these transfers and other indications of Vaughn’s lack of good faith, the Trustee sought an Order “converting [his] case to one under [] Chapter 7 so that a Chapter 7 Trustee can be appointed who can marshal the assets . . . ; pursue and unwind [Vaughn’s] various pre-petition transfers; and examine whether [Vaughn] is entitled to a Chapter 7 discharge.” Bk. ECF 16 at 5. The Bankruptcy Court granted that motion. Bk. ECF 35; Bk. ECF 40. The Bankruptcy Court then allowed for the appointment of Trustee’s Counsel to assist the Trustee in the administration of the Estate. Bk. ECF 61.

1 All references to the bankruptcy docket, unless otherwise noted, refer to filings in bankruptcy case # 21-11260-KHK in the United States Bankruptcy Court for the Eastern District of Virginia, Alexandria Division. The Trustee, with the assistance of Counsel, pursued two adversary proceedings. The first (the “Lighthouse Proceeding”) sought to avoid Vaughn’s transfer of his Corolla vacation property to 1072 Lighthouse LLC. See Bk. Case No. 21-01065, ECF 1. After briefing, the Bankruptcy Court allowed for avoidance of the transaction, placing the vacation home in the hands of the estate. Bk.

Case No. 21-01065, ECF 13 at 2. After the resolution of the Lighthouse Proceeding, the Bankruptcy Court allowed the Trustee to manage, rent out, and eventually sell the vacation home. See Bk. ECF 110, 115, 143. After the resolution of the Lighthouse Proceeding and the sale of that property, Counsel filed his first application for compensation and reimbursement. ECF 156. Counsel sought compensation for work performed including “asset analysis and recovery,” “creditor inquiries and communication,” “relief from stay,” “trustee employment applications,” “professional fee applications,” “asset disposition,” “bankruptcy litigation,” “accounting and tax issues,” and “claims administration and objections,” as well as reimbursement for expenses. Id. at 4-7. No party objected to the interim application, and the Court awarded $55,786.74. Bk. ECF 167 at 1.

The second adversary proceeding (“DeAngelo Proceeding”) involved Vaughn’s $300,000 transfer to Brian DeAngelo after the sale of his Fairfax Station home. The Trustee, through Counsel, commenced the proceeding on July 13, 2022, seeking to avoid that transfer and return the funds to the estate. Bk. ECF 127. The suit against DeAngelo included counts for fraudulent transfer, constructively fraudulent transfer, and void transfer under Virginia law. The Bankruptcy Court granted the Trustee summary judgement in part as to elements of Count II for a constructively fraudulent transfer, but otherwise denied summary judgment. See Bk. Case No. 22- 01038-BFK, ECF 38.. On September 13, 2023, after trial, the Bankruptcy Court entered judgment for DeAngelo on all remaining counts. See Bk. Case No. 22-01038-BFK, ECF 69. The Court found that Vaughn had a business relationship with DeAngelo, who was the landlord for his contracting company and a subcontractor as well. Id. ¶ 23. The Court further found that DeAngelo lent Vaughn money on at least two occasions, including a $200,000 loan in July 2019, id. ¶¶ 24-26, and that the $300,000 transfer on August 3, 2020 satisfied that loan, id. ¶ 28. In its conclusions of law, the

Bankruptcy Court denied relief to the Trustee. It first found that as for Counts I and III (actually fraudulent transfer) “there were no badges of fraud present” and “[t]he [t]ransfer was in repayment of an undisputed debt. Id. at 7-8. Despite the “suspicious” timing of the transfer, the fact that “the Debtor did not gain anything from repaying Mr. DeAngelo, as he might have if he had the transferred funds to a family member, or for example where he transferred [his vacation home] to a limited liability company,” was decisive. Id. at 8. The Court also rejected Count IV, the Virginia law claim, because the transfer was made for consideration. Id. at 9 (citing Va. Code § 55.1-401). Finally, the Bankruptcy Court denied relief on Count II for constructively fraudulent transfer under 11 U.S.C. § 548(a)(1)(B). To prevail, the Trustee needed to show that: (I) “the Debtor was insolvent at the time of the Transfer or became insolvent as a result of the Transfer;”

(II) “the Debtor was left with an unreasonably small capital;” or (III) “the Debtor was incurring debts that were beyond his ability to pay.” Id. at 9-10 (citing 11 U.S.C. § 548(a)(1)(B)(I)-(III)). As for insolvency, the Court found that the Trustee’s failure to present any evidence whatsoever regarding the value of Vaughn’s Corolla vacation home at the time of the $300,000 transfer meant that it could not show Vaughn was insolvent at the time he paid DeAngelo. Id. The Bankruptcy Court also found that because, at the time of the transfer, Vaughn “was not engaged in any business or transaction that required capital,” Section 548(a)(1)(B)(II) did not apply. Id. at 13.

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Vaughn v. Gold, Counsel Stack Legal Research, https://law.counselstack.com/opinion/vaughn-v-gold-vaed-2025.