Zaftr Inc. n/k/a Svella Financial Corp. v. John Kirk and Kirk Law PLLC v. National Liability & Fire Insurance Company d/b/a Attorney Protective

CourtDistrict Court, E.D. Pennsylvania
DecidedOctober 29, 2025
Docket2:24-cv-02702
StatusUnknown

This text of Zaftr Inc. n/k/a Svella Financial Corp. v. John Kirk and Kirk Law PLLC v. National Liability & Fire Insurance Company d/b/a Attorney Protective (Zaftr Inc. n/k/a Svella Financial Corp. v. John Kirk and Kirk Law PLLC v. National Liability & Fire Insurance Company d/b/a Attorney Protective) is published on Counsel Stack Legal Research, covering District Court, E.D. Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Zaftr Inc. n/k/a Svella Financial Corp. v. John Kirk and Kirk Law PLLC v. National Liability & Fire Insurance Company d/b/a Attorney Protective, (E.D. Pa. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA

ZAFTR INC. n/k/a SVELLA FINANCIAL CIVIL ACTION CORP. Plaintiff,

v. NO. 24-2702 JOHN KIRK and KIRK LAW PLLC, Defendants,

v.

NATIONAL LIABILITY & FIRE INSURANCE COMPANY d/b/a ATTORNEY PROTECTIVE, Garnishee.

OPINION

This action is a garnishment proceeding brought by Plaintiff, Zaftr Inc., against Defendants John Kirk and Kirk Law PLLC (together, the “Kirk Defendants”) and National Liability & Fire Insurance Company d/b/a Attorney Protective (“National Liability”), as garnishee, to enforce collection of Plaintiff’s default judgment secured in this breach of settlement action against the Kirk Defendants. Both Zaftr and National Liability move for judgment on the pleadings pursuant to Federal Rule of Civil Procedure 12(c). For the reasons that follow, Zaftr’s motion will be denied, and National Liability’s motion will be granted. I. BACKGROUND In 2020, Zaftr initiated a lawsuit (the “Underlying Action”) against the Kirk Defendants, among other parties. See Zaftr Inc. v. Lawrence, 2021 WL 4989769 (E.D. Pa. Oct. 27, 2021); Zaftr Inc. v. Lawrence, 2023 WL 349256 (E.D. Pa. Jan. 20, 2023). The suit arose from a series of transactions in which Zaftr paid more than $5.6 million to acquire 10,000 Bitcoin from a third- party seller. The Kirk Defendants, representing the entity designated as the seller’s broker, were obligated to hold Zaftr’s purchase funds in escrow. Only upon Zaftr’s receipt of the Bitcoin were the Kirk Defendants authorized to release those funds to the seller. Months later, however, Zaftr had not received any Bitcoin and was unable to secure a full return of the purchase funds. Zaftr then sued the Kirk Defendants and others, claiming relief specifically from the Kirk

Defendants for their failure to follow provisions in the escrow agreements regarding the release and return of Zaftr’s purchase funds. The complaint in the Underlying Action alleged claims for: (1) breach of contract; (2) unjust enrichment; (3) conversion; (4) fraudulent misrepresentation/fraudulent omission; (5) negligent misrepresentation/nondisclosure; (6) civil conspiracy; and, (7) violations of Section 1962(a)–(d) of the Racketeer Influenced and Corrupt Organizations Act (“RICO”). 18 U.S.C. § 1961 et seq. In December 2023, Zaftr and the Kirk Defendants executed a settlement agreement of the Underlying Action. The agreement provided that “[t]he Kirk Defendants shall cause to be delivered to Zaftr the total sum of $700,000” and that “the Settlement Sum is . . . to be delivered as . . . $225,000 from the Kirk Defendants’ professional liability insurance carrier [National

Liability],” with the remaining $475,000 to be paid by the Kirk Defendants in various installments. Another provision, anticipating the Kirk Defendants’ potential nonpayment and a possible coverage denial by National Liability, preserved Zaftr’s “right to challenge [National Liability’s] denial of coverage for the claims filed by Zaftr against the Kirk Defendants,” and further provided: The Parties and [National Liability] agree that neither this Agreement, nor any of the terms contained herein, shall have any impact on whether coverage exists. This Agreement may not be used in any way as a basis for denying coverage or in arguing that coverage does not exist. If successful in a coverage challenge, Zaftr may seek to collect the difference between the Settlement Sum less any portion of the Settlement Sum delivered to Zaftr up to a maximum amount of $275,000.

The agreement was not signed by National Liability. However, in response to Zaftr’s Interrogatories in this matter, National Liability admitted that it “paid $225,000 on behalf of the Kirk Defendants to Zaftr in partial satisfaction of the Kirk Defendants’ obligation under the settlement agreement.” The Kirk Defendants made payments pursuant to the settlement agreement of $50,000

and $25,000. They did not, however, pay the final two agreed upon payments—both in the amount of $200,000. Thus, Zaftr is owed $400,000 under the terms of the agreement. In June 2024, Zaftr filed this lawsuit against the Kirk Defendants for breaching the settlement agreement (the “Current Action”). In this action, Zaftr also named National Liability as a defendant and sought from this Court a declaratory judgment that coverage existed under the Kirk Defendants’ insurance policy with National Liability for Zaftr’s claims in the Underlying Action. Both the Kirk Defendants and National Liability moved to dismiss. This Court denied the Kirk Defendants’ motion but granted National Liability’s motion, holding that Zaftr lacked prudential standing because “Zaftr [as a third-party was] impermissibly asserting the legal interests of the Kirk Defendants as policyholders rather than its own.” Zaftr Inc. v. Kirk, 760 F.

Supp.3d 275, 289 (E.D. Pa. 2024). After the Court denied their motion to dismiss, the Kirk Defendants failed to file an answer to Zaftr’s amended complaint. In January 2025, Zaftr therefore filed a request for default pursuant to Federal Rule of Civil Procedure 55(a). Fed. R. Civ. P. 55(a). The Clerk of Court granted the request and entered default. Zaftr then filed a request for default judgment pursuant to Rule 55(b). Fed. R. Civ. P. 55(b). Because Zaftr’s claim was for a sum certain, the $400,000 owed to it under the settlement agreement and $18,410 in prejudgment interest, the Clerk entered default judgment against the Kirk Defendants in the amount of $418,410 together with costs. See id. To enforce its money judgment obtained in the Current Action against the Kirk Defendants, Zaftr, pursuant to Federal Rule of Civil Procedure 69(a), sought and obtained a writ of execution issued by the Clerk of Court and directed to National Liability as garnishee, thereby commencing this garnishment proceeding. Fed. R. Civ. P. 69(a); Pa. R. Civ. P. 3101 et seq.

Through it, Zaftr seeks to attach $275,000 that it contends is owed by National Liability on behalf of the Kirk Defendants under the insurance policy. II. LEGAL STANDARD A party may move for judgment on the pleadings “[a]fter the pleadings are closed—but early enough not to delay trial.” Fed. R. Civ. P. 12(c). Judgment on the pleadings is appropriate when “the movant clearly establishes that no material issue of fact remains to be resolved and that he is entitled to judgment as a matter of law.” Rosenau v. Unifund Corp., 539 F.3d 218, 221 (3d Cir. 2008) (citing Jablonski v. Pan Am. World Airways, Inc., 863 F.2d 289, 290 (3d Cir. 1988)). When deciding a motion for judgment on the pleadings, a court considers the pleadings and exhibits attached thereto, “undisputedly authentic documents attached to the motion for judgment on the pleadings if plaintiffs’ claims are based on the documents,” and matters of

public record. Atiyeh v. Nat’l Fire Ins. Co. of Hartford, 742 F. Supp.2d 591, 595 (E.D. Pa. 2010).

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Zaftr Inc. n/k/a Svella Financial Corp. v. John Kirk and Kirk Law PLLC v. National Liability & Fire Insurance Company d/b/a Attorney Protective, Counsel Stack Legal Research, https://law.counselstack.com/opinion/zaftr-inc-nka-svella-financial-corp-v-john-kirk-and-kirk-law-pllc-v-paed-2025.