Metropolitan Bank Trust v. Roth, Unpublished Decision (3-12-2003)
Metropolitan Bank Trust v. Roth, Unpublished Decision (3-12-2003)
Opinion of the Court
This cause was heard upon the record in the trial court and the following disposition is made: {¶ 1} Plaintiff-Appellant Metropolitan Bank Trust Company has appealed a decision of the Summit County Court of Common Pleas that rendered judgment in favor of Defendants-Appellees Raymond and Margaret Szczepaniak. This Court dismisses the appeal.
{¶ 3} This Court held that the Szczepaniaks' mortgage lien had priority over Metro Bank's mortgage lien. Metropolitan Bank TrustCo. v. Roth (Apr. 25, 2001), 9th Dist. No. 20322, at 6. We reasoned that "it would be thoroughly inequitable to permit [Metro Bank] to take advantage of [the filing error] when [Metro Bank] took no actions in extending credit in reliance upon the mistaken filings." Id. at 5. We also held that the trial court erred as a matter of law in concluding that the Szczepaniaks filed untimely objections. Id. at 5-6. The objections, this Court held, were filed fourteen days after the magistrate's decision, and thus were timely filed. Id. The cause was remanded to the trial court.
{¶ 4} Upon remand from this Court, the trial court denied KeyBank's motion to dismiss. However, on January 3, 2002, the Szczepaniaks filed a notice of voluntary dismissal dismissing their claims against KeyBank. After the Szczepaniaks dismissed KeyBank as a party to the action, the magistrate issued an order on January 10, 2002, which stated that "it was agreed by counsel for all parties that the only matter pending resolution was related to certain `interest calculation.' Wherefore, the attorney for the `Szczepaniaks' shall file forthwith only motions on such issue[.]"
{¶ 5} The Szczepaniaks did not file a motion with regard to the issue of "interest calculation" until March 11, 2002, approximately sixty days after the magistrate's January 10, 2002 order. In their motion, styled "Motion to Establish Amount of Interest Owed," the Szczepaniaks argued that (1) they were owed $8,051.481 in interest, and (2) they were owed $569.80 in late charges. The magistrate held that the Szczepaniaks were not entitled to address the amount of late charges they believed Metro Bank owed to them. As such, the magistrate concluded that the issue of $569.80 in late charges was improperly presented and not a matter for consideration by the court.
{¶ 6} As to the Szczepaniaks' claim that Metro Bank owed them interest in the amount of $8,051.48, the magistrate held that the Szczepaniaks were not entitled to $8,051.48 in interest because their motion was untimely filed and "the Szczepaniaks failed to articulate in any persuasive manner any basis for awarding them $8,051.48 in interest." Consequently, the magistrate concluded that the total amount due to the Szczepaniaks was $29,967.77, which Metro Bank had previously paid.
{¶ 7} The Szczepaniaks filed timely objections to the magistrate's decision. The trial court rejected the magistrate's decision on June 12, 2002. It found that the Szczepaniaks were entitled to both the late charges of $569.80 and interest in the amount of $8,051.48. Metro Bank has appealed the trial court's decision, asserting two assignments of error, which we have consolidated to facilitate review.
{¶ 10} In Metro Bank's first and second assignments of error, it has essentially argued that the trial court erred when it rejected the magistrate's decision, and found that the Szczepaniaks' motion, styled "Motion to Establish Amount of Interest Owed," was timely filed. For reasons discussed below, we decline to address the merits of Metro Bank's assignments of error.
{¶ 11} The amount of interest Metro Bank owed to the Szczepaniaks was initially addressed in KeyBank's October 4, 2001 motion to amend confirmation and distribution order. In that motion, KeyBank requested the trial court to amend the February 1, 2002 order confirming the sale of the Brandywine property by 1) declaring that the Szczepaniaks were entitled to payment of the proceeds claimed upon the mortgage, and 2) ordering Metro Bank to pay to the Szczepaniaks $29,667.33 "with interest on the principle [sic] only at the rate of 7.25% from and after October 28, 2001[.]"2 The trial court granted KeyBank's motion in its entirety on November 29, 2001, and Metro Bank was ordered to "post and deposit with the Summit County Sheriff an amount sufficient to satisfy the proceeds of the Szczepaniaks' mortgage which is in the approximate amount of $29,677.33 coupled with the requisite interest."
{¶ 12} The trial court's November 29, 2001 order was a final, appealable order pursuant to R.C.
{¶ 13} Based upon KeyBank's motion to amend the confirmation and distribution order, and the November 29, 2001 order granting the motion, interest was to be calculated from October 28, 2001.5 Thus, there was no need for the magistrate to later conclude in his January 7, 2002 order that "the only matter pending resolution was related to certain `interest calculation,'" and then allow the parties to file a motion discussing the amount of interest owed. The parties did not have to decide whether interest should be calculated from the date the Szczepaniaks purchased the mortgage from KeyBank, i.e., April 1, 1998, or from the date Metro Bank was actually ordered to deposit the funds with the sheriff's department, i.e., November 29, 2001. By failing to appeal the November 29, 2001 order, the parties were bound by the date contained in KeyBank's motion, i.e., October 28, 2001, as the time in which interest started to accrue on the principal.
{¶ 14} Furthermore, the trial court did not have jurisdiction to modify the November 29, 2001 order because a trial court does not have the inherent power to modify a final judgment.6 "Once an order has been journalized by a trial court as a final appealable order, that order cannot be modified or vacated except as provided under Civ.R. 50(B) (motion notwithstanding the verdict), Civ.R. 59 (motion for a new trial), or Civ.R. 60(B) (motion for relief from judgment)." Krumheuer v.Flowers Versagi Court Reporters (Nov. 6, 1997), 8th Dist. No. 72431, 1997 Ohio App. LEXIS 4867, at *5. Therefore, the trial court's July 12, 2002 judgment entry is a nullity and the November 29, 2001 order amending the confirmation of sale is the final order in the action.
{¶ 15} In light of the foregoing discussion, this Court concludes that we also lack jurisdiction to hear the matter. As previously noted, the Rules of Appellate procedure require the notice of appeal to be filed "within thirty days of the later of entry of the judgment or order appealed." App.R. 4(A); see, also, Rundle v. Rundle (1997),
SLABY, P.J., CARR, J. CONCUR.
"(B) An order is a final order that may be reviewed, affirmed, modified, or reversed, with or without retrial, when it is one of the following:
"* * *
"(2) An order that affects a substantial right made in a special proceeding or upon a summary application in an action after judgment[.]"
Case-law data current through December 31, 2025. Source: CourtListener bulk data.