Newalliance Bank v. Schaeppi
Newalliance Bank v. Schaeppi
Opinion of the Court
Opinion
The self-represented defendants, Ernest A. Schaeppi and Ellen A. Schaeppi, appeal from the judgment of foreclosure by sale rendered by the trial court in favor of the substituted plaintiff, First Niagara Bank, National Association (First Niagara).
On October 15, 1992, the defendants executed a $50,000 promissory note with The Savings Bank of Manchester. This note was secured by property located in Glastonbury. In April, 2004, The Savings Bank of Manchester merged into and was succeeded by NewAl-liance Bank. The defendants failed to make payments
On August 1, 2011, NewAUiance Bank filed a motion to substitute First Niagara as the plaintiff pursuant to Practice Book § 9-20.
After the defendants filed the present appeal, they moved for an articulation of the trial court’s decision to grant the motion to substitute. The court denied this motion. The defendants then filed a motion for review, which we granted, and we requested the trial court to provide an articulation of its order. The trial court
On appeal, the defendants’ sole claim is that the court improperly denied their request for an evidentiary hearing with respect to the motion to substitute First Niagara for NewAlliance Bank. We are not persuaded that the court was required to hold such a hearing in the present case.
General Statutes § 33-820 provides in relevant part: “(a) When a merger becomes effective: (1) The corporation or other entity that is designated in the certificate of merger as the survivor continues or comes into existence, as the case may be; (2) The separate existence of every corporation or other entity that is merged into the survivor ceases; (3) All liabilities of each corporation or other entity that is merged into the survivor are vested in the survivor; (4) All property owned by, and every contract right possessed by, each corporation or
This case does not involve the assignment of the note or mortgage; it involves the merger of NewAUiance Bank with and into First Niagara. Attached to the motion to substitute were copies of the certificate of change of name, filed with the town of Glastonbury, and the certificate of merger from the ComptroUer of the Currency. The defendants have failed to provide this court with any authority supporting their claim that due process required an evidentiary hearing under these circumstances. Moreover, pursuant to § 33-820 (a) (4), aU property owned by, and all contract rights possessed by NewAUiance Bank were vested in First Niagara following the merger. This included both ownership of and the right to enforce both the note and mortgage. The defendants, in their objection to substitute, merely requested a hearing and the presence of a witness who could testify as to the merger and that First Niagara had “assumed title to the mortgage that is the basis of this foreclosure action”; they never raised any factual issues concerning the vahdity of the merger itself. We conclude, under the facts and circumstances of this case, that the lack of an evidentiary hearing did not deprive the defendants of the right to due process.
The judgment is affirmed.
Ernest A. Schaeppi and Ellen A. Schaeppi are the only two defendants involved in this appeal; the other defendants, Discover Bank, People’s United Bank, Waterside Financial, Inc., Unifund OCR Partners, Calvary Investments, LLC, and Surrey Hill Homeowners Association n, Inc., are not parties to the appeal. All references to the defendants herein are to Ernest A. Schaeppi and Ellen A. Schaeppi.
Practice Book § 9-20 provides: “When any action has been commenced in the name of the wrong person as plaintiff, the judicial authority may, if satisfied that it was so commenced through mistake and that it is necessary for the determination of the real matter in dispute so to do, allow any other person to be substituted or added as plaintiff. (See General Statutes § 52-109 and annotations.)” We need not decide the necessity or the propriety of NewAUiance Bank’s reliance on Practice Book § 9-20 to substitute First Niagara Bank under these circumstances.
Reference
- Full Case Name
- NEWALLIANCE BANK v. ERNEST SCHAEPPI
- Cited By
- 2 cases
- Status
- Published