FDIC as Receiver for AmTrust Bank v. Foundation Mortgage Corporation, No. 1:2015cv24444 - Document 123 (S.D. Fla. 2018)
Court Description: OPINION AND ORDER GRANTING FOUNDATION MORTGAGE CORPORATION'S MOTION FOR SUMMARY JUDGMENT AGAINST THIRD-PARTY DEFENDANT DEZMAN ELLIOTT, DE 111 . Signed by Senior Judge James Lawrence King on 2/14/2018. (lrz1)
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FDIC as Receiver for AmTrust Bank v. Foundation Mortgage Corporation Doc. 123 U NI TED STAT ES D I STR I T CO U RT C SO UTH ERN D I STR I O F FLO R I A CT D CASE N O. 1 c 24444- N G/ 5- vKI TORRES FEDERAL DEPOSI I T NSUR AN CE C O RPO R ATI N A S R EC EI ER FO R O V A M TRU ST BAN K , Pl i if a ntf , FO UNDATI M ORTGAGE ON CORPORATI ON, Def nt-hid- ry Pli if enda /f r pa t antf, D EZM AN ELLIO TT, Thid- ry Def nda . r pa t e nt / OPI ON AND ORDER G RANTI FOUNDATI M ORTGAGE CO RPO RATI S NI NG ON ON' M O TI N FO R SUM M A RY JU D G M ENT A G A I ST O N T H I - RT Y D EFEN DA N T DE ZM AN ELLI TT RD PA O Thi M ATTER co e be or t Cour u Thid- ry Pl i if Fo s m s f e he t pon r pa t antf , undai M orgag ton t e Co r to s (d u d to ' M oi n fr S mmay J d me tAg i tThr p ry Dee d n , mo ain' s n ain' to o u r u g n ans id- a t fn a t Fo ) Dez Eli t( E.111 (heC oto ',fldNove r3,201 TheCour ha addii ly man lot D. ) t d in') ie M mbe 7. t s tonal c n iee Thr - ry De e d n ' Re p ns i Opp sto t t e Mo in ( E. 1 2 , o sd rd id pa t fn a ts s o e n oi n o h i to D. 1 ) Foundai sRe yi Suppo toft Moton( E.1 4) t pa tes Pr TralStpultons( E. ton' pl n r he i D. 1 , he ri ' e- i i ai D. 1 , ndt a g 20) a he r ument ofc e ma onJ nuar 30,201 s ouns l de a y 8. Fo undai m o st Cour f e r ofa Or a J m e whi g a s s ma y ton ve he t or nty n der nd udg nt ch r nt um r j d me tt F u d to a t Co n 1 ofi Ame d d Thr pa t Co an ( E.4 ) fr u g n o o n ain s o u t 1 t s n e id- ry mpli t D. 2 o co mon 1 w i m nii a i a i tt r m ani Thid- ry De e m a nde fc ton gans he e i ng r pa t f ndant Dez a Eli t On , m n lot. Dockets.Justia.com CASE N O. 1 c 24444- LK : 5- vJ J y 1 201 t s Cour s r d t u ryi cli s br ul 8, 7, hi t eve e he nde l ng am ought b Pl i if Fede alDe i y antf, r post I u a c Copoain a Re ev r f r AmTr s Ba k ($ C- ' a d Fo n ai n' ns rn e r r to s c i e o ut n û FD1 R' n ) u d to s c rs ore pondi t r pa t cli s i o f s pa ae lw s t . M r Eli t ha not move f ng hid- ry am nt our e r t a uis . lot s d or s mmayj d me t nFo n ain' tid p rycam. u r u g n o u d to s hr - a t li Asb kgr ac ound,t sa ton a ie f o M r Eli tsde iet ac r a l n i t a ou hi c i rs s r m . lot' sr o quie oa n he m nt of$ 8,41(het lot Loa ' t pur s a i smentpr ry l td a 1 67 Almanda 21 9 t s i t n' o cha e n nve t El ) ope t ocae t 9 a W a Ri r Bea h,Fl i To d. s M r Eli t e oye Founda i a hi morga br ker y, ve a c orda. o o, . lo t mpl d ton s s t ge o a a n t coo di t fnancng f t pur has pur ua t t rwrte br r a e m e . nd ge t o r nae i i or he c e s nt o hei il n oke gr e nt Bae o fn n ilif r to Mr El ot r v d du d rp n lyo p ru y icu i rltdt s d n i a ca n o mai n . l t p o ie n e e at f ej r ,n ldng eae o i hi i t nt t oc upy a pendi de oblga i ,Founda i s it d M r Eli ts l n s ne o c nd ng bt i tons ton ubm te . lot' oa a i tonand r l td doc nt t pr peci l r t obt n fnancng. pplcai e ae ume s o os tve ende s o ai i i Unde a s r t a e nt Founda i ha wih AmTr t Ba f me l known a r epa a e gr eme ton d t us nk, or ry s Ohi Sa ngsBa FSB Ci o vi nk, AmTnlt',i br kee c ran rsde ilmorga l ns i l ng s') t o rd e ti e i nta t ge oa , ncudi t Eli t Loa t A m Tr t Folow i A m Tr t s de i e i t w a of t m or ga he lo t n o us . ' l ng us ' m s n he ke he t ge m et ldown,t FDI R br he C- oughtt i t ntu ryi aci n on is behaf a ns Foundaton he nsa nde l ng to t l gai t i alegng t tM r Eli t a ong o' r borowe s f whi h Founda i br r d c ti l ns l i ha . lot, m t he r r or c ton oke e era n oa , m a m irpr s nttonsi t c s ofobt i ng t rl .Spe ii ly, he FDI R alege de se e e a i n he our e ani hei oans c fcal t C- l d t t i br ac of Founda i s c r t l r pr s nt to and wara is M r Eli t ha, n e h ton' ontacua e e e ai ns r nte , . lot mirpr ene hi ( )i e t oc upy t pr ry s c i t Eli tsLoa a a prmay se es td s 1 ntnt o c he opet e urng he lot' n s i r r i nc ,a ()de oblgai .Fo to uli tl r c dastlmentwiht FDI R esde e nd 2 bt i tons undain tmaey ea he ete t he Ct r s ve t m a n c a m i ta l pendi bef e t s Cour . The a ountof Foundato s t a o e ol he i l i nii ly ng or hi t m i n' ot l s tlmen pa ete t ymen t t FD I R atrb a et t Eli tLoa i $83, 30. t o he C- tiut bl o he lot n s 894. 2 CASE NO. 1 - 24444- LK ; 5 cvJ A éa m f c li or omm on l w i mniy i one t t i hit t e ie l s fom o who, a nde t s ha k fs he ntr os r s ne alhough wihout a tve neglge e or f ul, has be oblgatd t pay, be aus of s l t t ci i nc a t en i e o c e on e vi a i ,c tuc i de i tve ort c c l la lt t a he who s d be r t coss c rous onsr tve, rva i , e hnia i biiy, o not r houl a he t be a e i was t lters wr c us t he a t ' ongdoi f whih t f me i hel la e. Houdail I b ng or c he or r s d i bl ' ' le ndus, l .v Edwar 374 So.2d 490,493 ( a.1 . Toprvalon ac eofa ton f c nc . ds F1 979) e i aus ci or ommo n 1w i mniy i Fl i t pat s e ng i mniy mus pr t e elme s $1 t thei a nde t n orda, he ry e ki nde t t ove hre e nt:é) ha s wh lywi o tfut 2 ta t ep ryfo who h i se igi d mni i a ful; n 3 t t o l t u a l; ) h t h a t r m h m e s e kn n e t s t a t a d ) ha y h i la l t te ij r d p ry o y b c u eh i vc ro sy,c n tu tv l,d rv t ey o e s ibe o h n ue a t nl e a s e s iaiu l o sr ciey eiai l, r v tc c l la e f t wr ula t oft pa t fom who he i s eki i mniy.' Fl e hnialy i bl or he ongf c s he ry r m s e ng nde t ' a. Fa m Bu e u Ge .I s Co v I s Co o Am.7 ? S 2 4 9 43 ( a 5h DCA 2 0 ) r r a n n . . . n . . fN , 6 o. d 2 , 5 Fl. t 00 (ii Gat Lands Co.v Ol Ptnf Ve a Be h Condo.71 So.2d 1132 ( a.5h DCA ctng e . d l e dr ac , 5 F1 t 1 ) 998). I i undiput d,as M r Eli tc dl c ts s e . lot andi y once i de ii a i hi r pons t ded n poston nd n s es e o F u d to ss mma yj d me tmoin t a teif r to i h sla a p iain a dr ltd o n ain' u r u g n to , h t h n o main n i o n p lc to n eae d c me t,s b te t e p n l o p ruy,c n enng h s itn t o c p a d b o u ns u mi d md r e at f ej r o c r i i n e t o c u y nd e t t y oblga i we e untue. Se D. 111 Ex.A a 1 6- 21: - 1 22: 6- 23: 25: 2, i tons r r e E. , t 5: 7; 23 22: . 1 21; 4- 1 . , 34: 6- ;37: - ;46:- 0,48: 5 49: 8;51:0- 4-5 : - ;53: 5-73: 3- 8;74: 9- : -1 : 8 1 22 15 7 1 . 1 - 1 1 1 , 2 1 3 2- , 1 1 1 75 3, 43 1 Asar ul ofM r Eli tsmir pr e ai a a no f ul ofisown,Fo es t . lot' s e es nt ton, nd t a t t unda in r a he to e c d a s tl me wih t FDI R t r ol t m an cli i taly pe ng be or t s Cour o y e te nt t he C- o es ve he i a m nii l ndi f e hi t nl be a e i wa vi rousy ortc c l la ef t wr ulacsofM r Eli t Ac or ngl c us t s ca i l e hni aly ibl or he ongf t . lot. c di y, Founda i has pr ve ea h oft t e e e en s r qui e t es a ih is c a m of c m on l w ton o n c he hr e l m t e r d o t bls t l i om a i ndem nii i agai tM r.Eli t fcaton ns lot. CASE NO. l - 24444- LK : 5 cvJ To a od s mmay j d me t Mr Elit a g s t t h dd n t itnd t d fa d v i u r u g n , . lot r ue ha e i o ne o eru Founda i o AmTr tBa ton r us nk. Howe r t ta gumenti wihoutme i. M r Eli t' i e i ve , ha r s t rt . lo ts nt nt s ir l antt whet rhe m a f s sa e reev o he de ale tt ment i hi l a ia i whih Founda i r id s n s oan pplc ton c ton ele u pon,nor does Founda i ne d t e tbls i enta a elm e t is t r pa t c am f ton e o sa ih nt s n e nt o t hid- ry l i or c ommon lw i mnii ton. M r Eli tf t r iesva i a fr ai def ns s i l ng a nde fcai ' lot urher a s . rous fim tve e e , ncudi a mong ot s wa v a l he , a l of whih a e una ii her i er nd ac s 1 c r valng. Des t t f c t t t s pie he a t ha he e a gume s woul have be n m o e a opratl r ie by M r Eli t i a m oto t dimis r nt d e r ppr i e y as d . lot n in o s s, Founda i a t pr ton ced ompty by s ng M r Eli ti e at y afe t FDI R b oughtt mai l ui . lot mm di el tr he C- r he n unde l ng cai a ns Founda i ryi l m gai t ton.M r Eli t a s r le on t i pplc bl dec son of U S. . lo t lo e is he na i a e ii v Fu hs,635F. 929( h Ci. 1 whih i ac i nalc ewheet dee nta l hi . c 3d 7t r 201 ) c s rmi as r he fnda ppeaed s s ntnce He e,t r i i d a s i r ltons p be we Fou ton a M r Eli t b e e . r he e s ndee pecal ea i hi t en ndai nd . lo t y vit oft pa te 'wrten br r ag ee e t whih cla l e t bls d t tFounda i was rue he ri s it oke r m n c e ry sa ihe ha ton a i asM r Eli tsage t obt n fna ng fom t FDI R. ctng . lot' nt o ai i nci r he C- Upon ca e ulc i r ton oft pladi a t r or t Cour fndst tt r i r f onsde a i he e ngs nd he ec d, he t i ha he e s no ge ne is ofm aera f ton la lt a da esi f vo ofFounda i o iscam f r nui s ue t il ac ibiiy nd mag n a r ton n t li o c mon-a i om lw ndemnii a i agans M r Eli t a t tFounda i i e il d t s fc ton i t . lot, nd ha ton s ntte o umm a y r j d me t a a matr o lw. Th r f r, te Co r oh r s ben f l a vie , i i ug n s te f a ee o e h u t te wie ig ul d s d t s y O RD ERED ,AD JUD G ED ,a DE CR EE D t t nd ha : Founda i s M o i f Sum ma y J m e Agai t Thid- ry De e n , ton' ton or r udg nt ns r pa t f nda t Dez Eli t( E.1I1 i hee GRANTED; man lot D. L ) s rby D a a s a e a a de a J m ge r w r d nd udge e i he e e e e i f vor of Founda i i t m nt s r by nt r d n a ton n he a u to $ 38 4.0 pus$81 48i p ej g n itr s a a rt o 55 % p r mo n f 8 ,9 3 , l 3. n r-ud me t n ee t t ae f .3 e 4 CASE NO. 1 cv: 5- 24444- LK J amum snc t tm e Founda i s tl d t un l ng cli wih t FDI R on l i e he i ton ete he deryi a m t he C- De e e 6 2 7 p t u g n itr s, o t, n at re s fe ; n c mb r , 01 , os- d me t ne e tc ss a d ton y ' e s a d j 3. Foundai s l ha f ten daysfo t da eoft sOr rt fl isM oton f ton ha l ve öure r m he t hi de o ie t i or Ator t neys'Fee and Coss s t. DONE AND ORDERED i Cha n mber a t J m e La r nce Ki Fe a J tc s t he a s nre ng der l usie Bii ad nt Sas oros, ai li,h / dy fera ,08 ud gn U id teCut ueMi , od ti ln e t h m F ra s aoFbur 21. y < * J ES LA W M N CE K I G N I TED STA TES DI STR I J CT U SOU TH ERN D I STRI O F FLO l CT cc; A 1 Couns lofR e or 1 e c d +
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