Judge: Mark E. Windham, Case: 21STLC04409, Date: 2022-08-03 Tentative Ruling

Case Number: 21STLC04409    Hearing Date: August 3, 2022    Dept: 26

MOTION FOR SUMMARY JUDGMENT

(CCP § 437c)

 

 

TENTATIVE RULING: 

 

Plaintiff Comerica Bank’s Motion for Summary Judgment, or in the alternative, Summary Adjudication, is GRANTED.

 

PLAINTIFF TO FILE A PROPOSED JUDGMENT WITHIN 10 DAYS OF THIS ORDER.

ANALYSIS:

 

Plaintiff Comerica Bank (“Plaintiff”) brought this action for breach of contract, breach of guarany, and common count for money lent against Defendants MMD Entertainment, Inc. (“Defendant MMD”), A&L Entertainment, LLC (“Defendant A&L”) and Lucy Keusseyan (“Defendant Keusseyan”) on June 10, 2021. Defendants filed an Answer on January 11, 2022.

 

On May 10, 2022, Plaintiff filed the instant Motion for Summary Judgment, or in the alternative, Summary Adjudication. No opposition has been filed to date.

 

Discussion

 

The Complaint alleges causes of action for (1) breach of contract against Defendant MMD; (2) breach of guaranty against Defendant A&L; (3) breach of guaranty against Defendant Keusseyan; and (4) money lent against all Defendants.

 

Allegations in the Complaint

 

Plaintiff alleges that it and Defendant MMD executed a revolving/installment note (“the Note”) in the amount of $20,000.00 on February 26, 2016. (Compl., ¶8 and Exh. A.) The Note had a maturity date of March 1, 2023. (Ibid.) On July 1, 2020, Defendant MMD defaulted on the Note by failing to make payment on that date or going forward. (Id. at ¶9.) As a result of Defendant MMD’s default, there remains a balance due and owing to Plaintiff in the amount of $13,062.40 principal, $800.72 current interest, and $124.36 current late fees. (Id. at ¶¶10-11.) Under the Note, Plaintiff is also entitled to recover its attorney’s fees and costs. (Id. at ¶12.)

 

Also on February 26, 2016, Defendants A&L and Keusseyan each executed agreements guaranteeing payment to Plaintiff of all existing and future indebtedness of MMD (“Guaranty”). (Id. at ¶¶14, 20.) Defendants A&L and Keusseyan have failed to pay Plaintiff as obligated in each Guaranty. (Id. at ¶¶16, 22.) Therefore, Defendants A&L and Keusseyan are also obligated to Plaintiff in the amount of $13,062.40 principal, $800.72 current interest, $124.36 current late fees, attorney’s fees and costs. (Id. at ¶¶17-18, 23-24.)

 

Legal Standard

 

Plaintiff moves for summary judgment on the Complaint pursuant to Code of Civil Procedure section 437c. On a motion for summary judgment or adjudication of a particular cause of action, a moving plaintiff must show that there is no defense by proving each element of the cause of action entitling the party to judgment on that cause of action. (Code Civ. Proc., § 437c, subd. (p)(1).) Then the burden shifts to the defendant to show that a triable issue of one or more material facts exists as to that cause of action or a defense. (Code Civ. Proc., § 437c, subd. (p)(1).) Additionally, in ruling on the Motion, the Court must view the “evidence [citations] and such inferences [citations], in the light most favorable to the opposing party.” (Intrieri v. Superior Court (2004) 117 Cal.App.4th 72, 81 [citing Aguilar v. Atlantic Richfield Co. (2001) 25 Cal.4th 826, 843].)

 

Plaintiff’s Initial Burden of Proof

 

The elements of a cause of action for breach of contract are (1) the existence of contract; (2) plaintiff’s performance or excuse for nonperformance; (3) defendant’s breach (or anticipatory breach); and (4) resulting damage. (Wall Street Network, Ltd. v. N. Y. Times Co. (2008) 164 Cal.App.4th 1171, 1178.) The elements for breach of guaranty are nearly identical: (1) defendant guaranteed payment of the indebtedness of the primary obligor to the plaintiff; (2) default on the indebtedness; (3) plaintiff notified the guarantor of the default; and (4) the guarantor did not remit funds to the plaintiff under the guaranty agreements. (Torrey Pines Bank v. Sup. Ct. (1989) 216 Cal.App.3d 813, 819.) For a cause of action for money lent, Plaintiff must show that Defendants are indebted to it in a certain sum for money lent to them. (Moya v. Northrup (1970) 10 Cal. App. 3d 276, 280.)

 

In support of its Motion, Plaintiff presents the following undisputed facts. On February 26, 2016, Defendant MMD executed the Note in Plaintiff’s favor, in the amount of $20,000.00, in exchange for making specified monthly payments. (Motion, Separate Statement, Fact No. 1; Martinez Decl., ¶3 and Exh. A.) On the same date, Defendants A&L and Keusseyan each executed a separate Guaranty of MMD’s future and existing obligation to Plaintiff under the Note by agreeing to make payment when due. (Motion, Separate Statement, Fact No. 2; Martinez Decl., ¶3 and Exhs. B-C.) Plaintiff has performed all its obligations under the Note and remains the holder of the Note and of each Guaranty. (Motion, Separate Statement, Fact No. 3; Martinez Decl., ¶¶4-5.)

 

Defendant MMD defaulted on the Note by failing to make payment due on February 1, 2021 and all payments thereafter. (Motion, Separate Statement, Fact No. 4; Martinez Decl., ¶6 and Exh. D.) Defendants A&L and Keusseyan also failed to pay Plaintiff on February 1, 2021, as obligated by each Guaranty. (Motion, Separate Statement, Fact No. 4; Martinez Decl., ¶6 and Exh. D.) As a result of these breaches, there is now due and owing from Defendants to Plaintiff the principal balance of $13,062.40 (Motion, Separate Statement, Fact. No. 5; Martinez Decl., ¶7 and Exh. E.) The Note provides a past-due interest rate of 6.5 percent per annum, which is also due on the balance from February 1, 2021. (Motion, Separate Statement, Fact No. 6; Martinez Decl., Exh. A.) Interest from February 1, 2021 to May 4, 2022 totals $1,549.81. (Motion, Separate Statement, Fact No. 7; Martinez Decl., ¶9 and Exhs. D-E.) Second, the Note provides for a five percent late charge on each missed payment, which amount to $379.79 as of May 4, 2022. (Motion, Separate Statement, Fact No. 8; Martinez Decl., ¶10 and Exh. D.) Finally, Plaintiff is entitled to recover its attorney’s fees and costs under the Note, which it incurred as a result of Defendants’ breaches. (Motion, Separate Statement, Fact No. 9-10; Martinez Decl., ¶¶11-12.)

 

This evidence carries Plaintiff’s initial burden of proof as to its claim for breach of the Note against Defendant MMD, breach of each Guaranty against Defendants A&L and Keusseyan, and money lent against all Defendants. However, the Court notes a discrepancy between the date of Defendants’ default as alleged in the Complaint and as set forth in the evidence supporting the Motion. The Complaint alleges the default occurred on July 1, 2020 but the Motion and supporting evidence show the default occurred on February 1, 2021. (Compl., ¶¶9, 16, 22, 27; Motion, Martinez Decl., Exh. D, p. 4.) Therefore, the Court amends the Complaint to conform to the proof submitted in support of the Motion by substituting February 1, 2021 for every instance of July 1, 2020 in the Complaint. (See Trafton v. Youngblood (1968) 69 Cal.2d 17, 31 [citing McNamara v. Steckman (1927) 202 Cal. 569, 572 [amendments to conform to proof have been allowed with great liberality ‘and no abuse of discretion is shown unless by permitting the amendment new and substantially different issues are introduced in the case or the rights of the adverse party prejudiced.’]].)

 

Based on the foregoing, Plaintiff has carried its burden of proof as to each cause of action in the Complaint. The burden now shifts to Defendants to demonstrate that a triable issue of material fact exists as to Plaintiff’s claims. As Defendants have not opposed the instant Motion, however, they have failed to demonstrate the existence of any triable issue of material fact.

 

Conclusion

 

Plaintiff Comerica Bank’s Motion for Summary Judgment, or in the alternative, Summary Adjudication, is GRANTED.

 

PLAINTIFF IS TO FILE A PROPOSED JUDGMENT WITHIN 10 DAYS OF THIS ORDER.

 

 

 

Moving party to give notice.