Opinion

Quinteros v. Capital Ventures International LLC

Court
United States Bankruptcy Court, District of Columbia
Filed
Sep 29, 2020
Cited by
0 cases
Authority
More cited than 30.0%

“Threadbare recitals of the elements of a cause of action, supported by mere conclusory statements, do not suffice.”

How later courts described this case

  • “Threadbare recitals of the elements of a cause of action, supported by mere conclusory statements, do not suffice.”

Written by the judges who cited it.

The opinion

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S. Martin Teel, Jr.

United States Bankruptcy Judge

UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF COLUMBIA

In re )

)

JEANNIE QUINTEROS ) Case No. 19-00195

) (Chapter 7)

Debtor. )

)

)

JEANNIE QUINTEROS, )

)

Plaintiff, )

)

Vv. ) Adversary Proceeding No.

) 19-10013

CAPITAL VENTURES )

INTERNATIONAL LLC, et al., ) Not for publication in

) West’s Bankruptcy Reporter.

Defendants. )

MEMORANDUM DECISION AND ORDER RE MOTION OF MADISON

MANAGEMENT SERVICES LLC TO DISMISS AMENDED COMPLAINT

Madison Management Services LLC has filed a motion to

dismiss the Amended Complaint filed by the plaintiff, Jeannie

Quinteros. Quinteros has not filed an opposition to the motion

to dismiss. I agree with Madison’s observations:

The Amended Complaint remains laborious, repetitive,

general, and conclusory. Defendant has not been provided

fair notice with a short plain statement of the claims

against Defendant, and a showing that Plaintiff is

entitled to relief against Defendant.

The motion then observes that the fact is, Quinteros has no

grounds to assert a proper claim against Madison:

The subject loan was boarded with Defendant on December

15, 2014, and Defendant was merely the servicer of the

subject loan until September 12, 2017, and then Defendant

released the loan back to the Lender. The Lender, or

their counsel, drafted the loan modification at issue,

and undertook the foreclosure actions. Defendant had no

involvement with the subject loan other than sending

statements, collecting the reinstatement, paying the

taxes due at the time, and forwarding all communications

to the Lender and their counsel. Defendant is no longer

servicing the loan.

Although Madison has not moved for summary judgment to establish

this limited role, Quinteros appears to have decided in light of

Madison’s representations to not oppose Madison’s motion to

dismiss. I will grant Madison’s motion as unopposed.

In any event, Madison is correct that the Amended Complaint

fails to state a claim upon which relief can be granted. Like

the original complaint, the Amended Complaint fails to meet the

pleading standards of the Federal Rules of Civil Procedure, made

applicable by the Federal Rules of Bankruptcy Procedure, and

related case law and ought to be dismissed. I will not repeat

here the recitation of those pleading standards set forth in the

Memorandum Decision and Order re Motions to Dismiss dated October

21, 2019, and entered on October 22, 2019. Despite being warned

regarding those pleading requirements, Quinteros once again has

fallen woefully short of complying with those requirements.

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Quinteros has made conclusory allegations in her Amended

Complaint of wrongdoing by Madison that do not pass muster under

Ashcroft v. Iqbal, 556 U.S. 662, 668 (2009) (“Threadbare recitals

of the elements of a cause of action, supported by mere

conclusory statements, do not suffice.”). She alleges (¶ 18)

that “there has been an illegal, fraudulent and willful

oppressive commencement of foreclosure of Plaintiff/debtor's real

property by . . . Madison . . .;” alleges (¶ 23) that Madison “is

responsible in some manner for the injuries and damages to

Plaintiff so alleged and that such injuries and damages were

proximately caused by” Madison; alleges (¶ 24) that Madison

“engaged in instituting Real Estate Shell Companies Scheme to

Defraud Home owners out of their Homes in the State of Florida;”

alleges (¶ 31) that on January 12, 2015, Madison and other

defendants “falsely represented to the Debtor that they are the

holder of Debtor's Note and Mortgage in due course;” alleges

(¶ 32) that Madison “fraudulently induced the Debtor to execute a

written loan modification agreement with Defendants, Capital

Ventures International, LLC, and Nicholas Lampariello as the

original lenders under Plaintiff/Debtor’s Note and Mortgage;”

alleges (¶ 41) that Madison and other defendants “used corporate

entities to fraudulently exploit Plaintiff and vulnerably homes

owners through making false statements regarding parties

respective duties, obligations, and contractual rights through

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deceptive loan modification schemes;” alleges (¶ 42) that Madison

and other defendants:

engage in deceptive business practices with respect to

mortgage loan servicing, assignments of notes and deeds

of trust, foreclosure of residential properties and by

improperly characterizing Plaintiffs accounts as being in

default or delinquent in furtherance of their Loan

Modification schemes. Defendants engaged in executing

and recording false and misleading documents; and acting

as beneficiaries and trustees without the legal authority

to do so;

alleges (¶ 43) that Madison and other defendants “represented to

Plaintiff that Defendants are the holder of Plaintiffs Note in

due course and that they have the right to file a judicial

foreclosure on the subject property;” alleges (¶ 45) that Madison

and other defendants “instituted several lawsuits against

Plaintiff/Debtor and each time, Defendants’ lawsuit against

Plaintiff/Debtor was dismissed for inability to produce the

“Original Note” to Plaintiffs real property;” alleges (¶ 54) that

Madison “camouflage as the purported servicer of the fraudulent

modification in furtherance of racketeering schemes;”and alleges

(¶ 59) that she seeks punitive damages against Madison for

“intentional deceit and for the unlawful encumbrance of

Plaintiffs real property.”

Many of the allegations accuse Madison, in conclusory terms,

of misconduct generally as to mortgagors in Florida, without

alleging that Madison engaged in such misconduct as to Quinteros.

Even when the allegations can be read as alleging fraudulent

4

conduct as to Quinteros, the Amended Complaint fails to provide

the “‘who, what, when, where, and how’ with respect to the

circumstances of the fraud” to sufficiently state a claim under

Fed. R. Civ. P. 9(b). Anderson v. USAA Cas. Ins. Co., 221 F.R.D.

250, 253 (D.D.C. 2004).

Quinteros has not opposed Madison’s motion, and has failed

to point to any of the claims in the Amended Complaint that

adequately plead a claim upon which relief can be granted against

Madison. Each of those claims, resting on conclusory

allegations, fails to state a claim upon which relief can be

granted against Madison.

In any event, in another Memorandum Decision of this date, I

have concluded, for reasons explained at length, that Quinteros

has not stated a claim upon which relief can be granted against

Capital Ventures International, LLC, National Home Investors,

LLC, and Nicholas Lampariello, the entities who pursued

foreclosure against Quinteros’s Property. The allegations

against Madison, concerning the same conduct alleged against

those defendants, can fare no better.

For all of these reasons, it is

ORDERED that Management Services LLC’s motion to dismiss

(Dkt. No. 69) is GRANTED and this adversary proceeding is

5

dismissed with prejudice as to the claims against Madison

Management Services LLC.

[Signed and dated above.]

Copies to: Plaintiff (by hand-mailing unless her NEF request has

become effective); recipients of e-notification of orders.

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R:\Common\TeelSM\Judge Temp Docs\Quinteros v. National Home Investors - Mem Decsn re Dismissing 1st Amended Complnt as to Madison_v7.wpd

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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