Friedrich v. Cadle Co.
Opinion
OPINION
This is a dispute about the post-judgment conduct of a creditor seeking to enforce a judgment. In 1994, The Cadle Company obtained a judgment against James S. Friedrich on three defaulted promissory notes in the amount of $191,422.79. Almost eight years later, the bulk of the judgment, plus interest, remains unpaid. In March 2000, Friedrich commenced this action seeking an injunction and alleging (1) that Cadle has not availed itself of the remedial procedures *639 contained in the promissory notes; (2) that Cadle has not attempted to obtain possession of the notes; and (3) that Cadle has failed to make any effort to collect amounts due under a collateral assignment executed by Friedrich on the notes. On May 21, 2001, the District Court granted Cadle’s motion for summary judgment. We have jurisdiction over Friedrich’s appeal pursuant to 28 U.S.C. § 1291 and will affirm.
In granting summary judgment in favor of Cadle, the District Court held that the allegations contained in the First Amended Complaint, standing alone, could not defeat summary judgment, that there was no evidence in the record suggesting that Cadle had failed to satisfy its obligations under the notes or had engaged in improper behavior, and that the Court would not entertain Friedrich’s efforts to re-open the 1994 litigation because the time for challenging that judgment had long since passed.
We exercise plenary review over the District Court’s grant of summary judgment, and apply the well-settled standards for summary judgment: The burden is on the moving party to demonstrate that there are no genuine issues of material fact and that it is entitled to judgment as a matter of law. Fed.R.Civ.P. 56(c); Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248, 106 S.Ct. 2505, 91 L.Ed.2d 202 (1986); Celotex Corp. v. Catrett, 477 U.S. 317, 106 S.Ct. 2548, 91 L.Ed.2d 265 (1986); Bailey v. United Airlines, 279 F.3d 194, 198 (3d Cir. 2002). We review the record in the light most favorable to the non-moving party. A non-moving party, however, “will not be able to withstand a motion for summary judgment merely by making allegations; rather, the party opposing the motion must go beyond its pleadings and designate specific facts by use of affidavits, depositions, admissions, or answers to interrogatories showing there is a genuine issue for trial.” In re Ikon Office Solutions, Inc., 277 F.3d 658, 666 (3d Cir. 2002).
Friedrich’s contentions on appeal can be generally broken down into three categories. First, Friedrich claims that the allegations in his complaint and the corresponding denials in Cadle’s answer preclude summary judgment. Friedrich is wrong as the above-quoted language from Ikon Office Solutions makes abundantly clear.
Second, Friedrich points to some deposition testimony relating to the process by which Cadle acquired the notes and the compensation allegedly paid to the predecessor in interest of the notes. This evidence cannot defeat summary judgment because, as the District Court found, it is not material to the allegations of post-judgment misconduct by Cadle, and is simply a belated effort by Friedrich to re-litigate the 1994 judgment against him.
Finally, Friedrich points to deposition testimony which he contends demonstrates that Cadle failed to comply with its obligations under the notes. This testimony is unavailing for several reasons. First, the promissory notes themselves do not impose an obligation on Cadle to go after any supposed collateral prior to obtaining and enforcing a judgment the result of Friedrich’s default. Second, Friedrich admitted in his deposition that he did not know what Cadle did or did not do in seeking to collect the monies due. Third, there is simply no evidence suggesting that Cadle engaged in any post-judgment fraud or other wrongdoing. Instead, the record indicates that Cadle attempted to collect on the notes and explored other avenues of compensation. Indeed, it is undisputed that Cadle determined that two of the notes were worthless, and that Cadle received only $6,568.48 in proceeds *640 from the sale of the partnership the subject of the third note.
For all of the foregoing reasons, we will affirm the order of the District Court granting summary judgment in favor of Cadle.
Reference
- Full Case Name
- James S. FRIEDRICH, Appellant, v. the CADLE COMPANY, an Ohio Corporation
- Cited By
- 1 case
- Status
- Unknown