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Galt Capital, LLP v. Seykota, Edward A

Collection
Courts
Sub-shelf
District Court of the Virgin Islands (federal)
Kind
Court Record
Date
2007-08-10
Pages
4
Text
Native Text

NOT FOR PUBLICATION IN THE DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. THOMAS AND ST. JOHN GALT CAPITAL, LLP, and BRUCE RANDOLPH TIZES, Plaintiffs, v. EDWARD A. SEYKOTA, Defendant. ___________________________________ EDWARD A. SEYKOTA, Counterclaimant and Third-party Plaintiff, v. GALT CAPITAL, LLP, and BRUCE RANDOLPH TIZES, Counterclaim Defendants, and SYDNEY STERN, Third-party Defendant. ___________________________________ ) ) ) Civil No. 2002-63 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case: 3:02-cv-00063-CVG-RM Document #: 336 Filed: 08/10/07 Page 1 of 4 SYDNEY C. STERN, Plaintiff, v. EDWARD A. SEYKOTA, Defendant. ___________________________________ ) ) ) Civil No. 2002-134 ) ) ) ) ) ) ) ) ) Attorneys: A. Jeffery Weiss, Esq. St. Thomas, U.S.V.I. For Sydney C. Stern, Kevin D’Amour, Esq. St. Thomas, U.S.V.I. For Edward A. Seykota. ORDER In Count II of Sydney Stern (“Stern”)’s Counterclaim in Civil No. …

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NOT FOR PUBLICATION IN THE DISTRICT COURT OF THE VIRGIN ISLANDS DIVISION OF ST. THOMAS AND ST. JOHN GALT CAPITAL, LLP, and BRUCE RANDOLPH TIZES, Plaintiffs, v. EDWARD A. SEYKOTA, Defendant. ___________________________________ EDWARD A. SEYKOTA, Counterclaimant and Third-party Plaintiff, v. GALT CAPITAL, LLP, and BRUCE RANDOLPH TIZES, Counterclaim Defendants, and SYDNEY STERN, Third-party Defendant. ___________________________________ ) ) ) Civil No. 2002-63 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case: 3:02-cv-00063-CVG-RM Document #: 336 Filed: 08/10/07 Page 1 of 4 SYDNEY C. STERN, Plaintiff, v. EDWARD A. SEYKOTA, Defendant. ___________________________________ ) ) ) Civil No. 2002-134 ) ) ) ) ) ) ) ) ) Attorneys: A. Jeffery Weiss, Esq. St. Thomas, U.S.V.I. For Sydney C. Stern, Kevin D’Amour, Esq. St. Thomas, U.S.V.I. For Edward A. Seykota. ORDER In Count II of Sydney Stern (“Stern”)’s Counterclaim in Civil No. 2002-63, she alleges that under the doctrine of unjust enrichment, she is entitled to damages for her work on an investment business with Edward Seykota (“Seykota”). In Count III of her Counterclaim, Stern alleges that Seykota intentionally deceived Stern about her share of the profits in the investment business. The Court previously granted summary judgment in favor of Seykota on Count III of Stern’s Counterclaim. Case: 3:02-cv-00063-CVG-RM Document #: 336 Filed: 08/10/07 Page 2 of 4 Civil Nos. 2002-63 & 2002-134 Order 1 While it does not affect the Court’s ruling today, it is worth noting that in the Court’s July 18, 2007, Judgment, the Court inadvertently misstated the elements for unjust enrichment. The correct elements of an unjust enrichment claim are: (1) that the defendant was enriched; (2) that such enrichment occurred at the plaintiff’s expense; and (3) that equity and good conscience require the defendant return the benefit to the plaintiff. See Gov’t Guar. Fund of Fin. v. Hyatt Corp., 995 F. Supp. 441, 460 (D.V.I. 1997); Pourzal v. Marriott Intern’l, Inc., Civil No. 2001-140, 2006 WL 241818 at *3 (D.V.I., August 18, 2006) (not for publication). “In a tort setting, an unjust enrichment claim is essentially another way of stating a traditional tort claim (i.e., if defendant is permitted to keep the benefit of his tortious conduct, he will be unjustly enriched).” Steamfitters Local Union No. 420 Welfare Fund v. Philip Morris, Inc., 171 F.3d 912, 936 (3d. Cir. 1999). Stern’s claim for unjust enrichment proceeds on the foundation of her intentional misrepresentation claim. Once that traditional tort claim was dismissed, there was no basis for permitting Stern to proceed with a related unjust enrichment claim. See, e.g., Steamfitters, 171 F.3d at 937. Accordingly, it is hereby ORDERED that the Court’s July 18, 2007, Judgment is VACATED with respect to Count II of Stern’s Counterclaim;1 and It is further ORDERED that Seykota’s motion of summary judgment will be GRANTED with respect to Count II of Stern’s Counterclaim; and Case: 3:02-cv-00063-CVG-RM Document #: 336 Filed: 08/10/07 Page 3 of 4 Civil Nos. 2002-63 & 2002-134 Order It is further ORDERED that Count II of Sydney Stern’s Counterclaim will be DISMISSED. August 10, 2007 s/_______________________ Curtis V. Gómez Chief Judge Case: 3:02-cv-00063-CVG-RM Document #: 336 Filed: 08/10/07 Page 4 of 4