1 

IN THE UNITED STATES DISTRICT COURT 

FOR THE SOUTHERN DISTRICT OF OHIO 

EASTERN DIVISION 

THE OPPORTUNITY FUND, LLC : 

 : 

 Plaintiff, : Case No. 2:11-CV-528 

 : 

 v. : JUDGE ALGENON L. MARBLEY 

 : 

SAVANA, INC., : Magistrate Judge Deavers 

 : 

 Defendant. : 

OPINION AND ORDER 

I. INTRODUCTION 

 This matter is before the Court on Defendant’s Motion for Summary Judgment. (Doc. 

66). For the reasons stated below, Defendant’s Motion is DENIED.

II. BACKGROUND 

A. Factual Background 

 In 2003, Vincent Rogusky founded Epitome. Epitome subsequently acquired business 

process management software from Capmark Financial Group, which it named Epitome 

Systems. On October 30, 2003, Epitome obtained a line of credit and note from Sovereign Bank 

for $2,000,000. Sovereign Bank subsequently became Epitome’s senior lender, and held a 

security interest collateralized by Epitome’s assets. The bank also had the right to assert 

Uniform Commercial Code (“UCC”) remedies should Epitome default. 

 On or about May 14, 2008, Epitome and Sovereign Bank entered into a Second Loan 

Agreement. To obtain additional capital for that loan, Epitome obtained “bridge loans” from 

different investors. Plaintiff, The Opportunity Fund, LLC (“Opportunity Fund”), an Ohio 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 1 of 13 PAGEID #: <pageID>
2 

company, became an “investing entity” in Epitome Systems, Inc. This transaction was 

memorialized with a Loan and Security Agreement (“LSA”) that granted some number of 

investing entities, including Opportunity Fund, a security interest in Epitome’s assets as 

collateral for funds lent. According to the terms of the Agreement, collateral assets consisted of 

a comprehensive list of Epitome’s current and future personal property, including intangibles 

like stock, intellectual property, computer software rights, and customer lists. In connection with 

the Loan and Security Agreement, Epitome executed a Secured Promissory Note (the “Note”) in 

which it promised to repay Opportunity Fund the lent sum of $100,000 plus interest on or before 

August 31, 2008. 

 On October 4, 2008, Sovereign Bank obtained a Confession of Judgment against 

Epitome. The bank alleged that Epitome had an unpaid principal amount exceeding $1.52 

million, and that the total amount due was greater than $1.86 million. 

 Michael Sanchez was a passive investor in Epitome, having purchased 100,000 shares of 

the company for $100,000 in 2005. Between late 2008 and early 2009, Sanchez checked on his 

Epitome investment, and discovered that the business was in default to Sovereign Bank, and that 

the bank had obtained a Confession of Judgment against Epitome. Sanchez asked Sovereign 

Bank about the plans for the assets, and the bank informed him that it would conduct some kind 

of foreclosure process and some kind of auction. 

 On February 17, 2009, Sanchez formed Vansan Partners, LLC, which later became 

Savana, Inc. (hereinafter “Savana”). Shortly thereafter, Savana purchased a limited license from 

Epitome for $60,000 to conduct due diligence on Eptiome’s software. Following its due 

diligence inquiry, Savana informed Sovereign Bank that it would be interested in purchasing 

Epitome’s assets at a public sale conducted by the bank, pursuant to Article 9 of the UCC. 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 2 of 13 PAGEID #: <pageID>
3 

Savana also told the bank that it would make a minimum bid of $400,000, and would not assume 

any of Epitome’s liabilities unless the assumption of such liabilities was expressly agreed to in 

writing. 

 On March 16, 2009, Sovereign Bank held an auction to sell Epitome’s assets. The sale 

was held in accordance with the Sovereign Bank’s Bidding Procedures. A Bill of Sale and 

Transfer Statement was executed which sold some of Epitome’s assets and its “trade name,” 

Epitome Systems, to Savana. The Bill of Sale expressly excluded any liabilities or obligations to 

Opportunity Fund. The Bill of Sale lists Sovereign Bank as the seller. The Bill of Sale indicates 

that the buyer, Savana, paid Sovereign $400,000 in cash for their purchase, less a $60,000 

expense reimbursed by the seller. No stock or shares of stock were exchanged for the purchase 

of Epitome’s assets at the sale. Opportunity Fund alleges that it did not learn about the sale until 

2010, when it found an article on the Internet discussing the sale. 

 Post-purchase, there was some overlap between Epitome and Savana. Savana purchased 

the majority of the physical and intangible assets of Epitome. Between March 2009 and October 

2011, four of Epitome’s Officers and Directors began working at Savana, three of whom work 

there currently.1 Savana hired several additional Epitome employees. Though Savana obtained 

the trade name Epitome Systems, by the fourth quarter of 2009, Savana rebranded the software 

as Savana BPM. 

B. Procedural Background 

 On June 15, 2011, Opportunity Fund filed a Complaint asserting breach of contract, 

conversion, promissory estoppel and unjust enrichment claims against named defendants 

Epitome and Savana. (Doc. 1). After multiple futile attempts to serve process on Epitome 

through the agents so designated in Epitome’s Pennsylvania and Delaware business entity 

                                                            

1

 As of September 23, 2013, the date on which Plaintiff’s Response was filed. 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 3 of 13 PAGEID #: <pageID>
4 

records, Plaintiff concluded that Epitome no longer existed due to its purchase by Savana. On 

March 7, 2012, Plaintiff therefore amended its Complaint to name Savana as the sole defendant. 

(Doc. 26). Savana subsequently filed a Motion to Dismiss for Failure to State a Claim, pursuant 

to rules 12(b)(2), 12(b)(3), and (12)(b)(6). (Doc. 34). This Court granted Defendant’s motion to 

dismiss only as to Plaintiff’s conversion claim. (Doc. 47). Additionally, the Court determined 

that application of New York law was appropriate. (See id., at 21-23). 

 Defendant filed its Motion for Summary Judgment on August 30, 2013. (Doc. 66). On 

July 24, 2014, this Court held oral argument on the Defendant’s Motion. This matter is, 

therefore, ripe for review. 

III. STANDARD OF REVIEW 

 Summary judgment is proper if there is no genuine issue of material fact and the movant 

is entitled to judgment as a matter of law. Fed. R. Civ. P. 56(c). A fact is material if proof of 

that fact would establish one of the elements of a claim and would affect the application of 

governing law to the rights of the parties. Kendall v. Hoover Co., 751 F.2d 171, 174 (6th Cir. 

1984) (citing Johnson v. Soulis, Wyo., 542 P.2d 867, 872 (1975)). 

 A movant for summary judgment meets its initial burden “by ‘showing’ – that is, 

pointing out to the district court – that there is an absence of evidence to support the nonmoving 

party's case.” Dixon v. Anderson, 928 F.2d 212, 216 n. 5 (6th Cir. 1991) (citing Celotex Corp. v. 

Catrett, 477 U.S. 317, 324-25 (1986)). At that point, the non-movant must set forth specific facts 

showing that there is a genuine issue for trial. Id. (quoting Fed.R.Civ.P. 56(e); Anderson v. 

Liberty Lobby, Inc., 477 U.S. 242, 250 (1986)). It is not, however, the role of the trial court to 

“resolve factual disputes by weighing conflicting evidence because it is the jury's role to assess 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 4 of 13 PAGEID #: <pageID>
5 

the probative value of the evidence.” Kraus v. Sobel Corrugated Containers, Inc., 915 F.2d 227, 

230 (6th Cir. 1990) (citing Stone v. William Beaumont Hosp., 782 F.2d 609, 615 n. 5 (6th Cir. 

1986); Kennett-Murray Corp. v. Bone, 622 F.2d 887, 892 (5th Cir. 1980)). All evidence and 

reasonable inferences must be viewed in the light most favorable to the party opposing the 

motion. Pucci v. Nineteenth Dist. Court, 628 F.3d 752, 759 (6th Cir. 2010) (citing Matsushita 

Elec. Indus. Co. v. Zenith Radio Corp., 475 U.S. 574, 587 (1986)). 

IV. LAW & ANALYSIS 

A. Successor Liability 

 The contract at the basis of the parties’ dispute contains a choice of law clause that 

unequivocally selects New York law to govern the Note. (See Order on Mtn. to Dismiss, Doc. 

47, at 21-23). Thus, the Court shall apply New York law in its analysis of the issues presented 

on summary judgment. Pursuant to “New York law and traditional common law, a corporation 

that purchases the assets of another corporation is generally not liable for the seller’s liabilities.” 

N.Y. v. Nat’l Serv. Indus., Inc., 460 F.3d 201, 209 (2d Cir. 2006). Successor liability attaches 

where: “‘(1) [the buyer] expressly or impliedly assumed the predecessor’s tort liability[;] (2) 

there was a consolidation or merger of seller and purchaser[;] (3) the purchasing corporation was 

a mere continuation of the selling corporation[;] or (4) the transaction is entered into fraudulently 

to escape such obligations.’” Id. (quoting Schumacher v. Richards Shear Co., 451 N.E.2d 195, 

198 (N.Y. 1983)). The party that asserts successor liability bears “the burden of proving facts 

which bring the case within one of [the four] exceptions.” Marenyi v. Packard Press Corp., No. 

90-CV-4439 (CSH), 1994 WL 16000129, at *6 (S.D.N.Y. June 9, 1994). 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 5 of 13 PAGEID #: <pageID>
6 

 Plaintiff has not alleged that Defendant expressly or impliedly assumed Epitome’s 

obligation under the Loan and Security Agreement and Note, nor that the transaction was entered 

into fraudulently to escape such obligations. The Court, therefore, need only address the two 

remaining prongs. 

1. De Facto Merger 

The de facto merger exception “originated in cases where the seller's shareholders 

retained their interest in the transferred assets through an ownership interest in the purchasing 

corporation, while freeing the assets from the claims of the seller's creditors by disguising the 

transaction as an asset sale.” Cargo Partner AG v. Albatrans Inc., 207 F. Supp. 2d 86, 94-95 

(S.D.N.Y. 2002), aff'd 352 F.3d 41 (2d Cir. 2003). In such cases, “courts determined that the 

form of the transaction did not accurately portray its substance, and they imposed successor 

liability upon the purchaser.” Id. Although “[t]he New York Court of Appeals has not directly 

addressed whether a de facto merger creates liability for a successor corporation, ... [the Second 

Circuit] and lower New York courts have held that it does.” Nat’l Serv. Industries, 460 F.3d at 

209 (quoting Cargo Partner AG v. Albatrans, Inc., 352 F.3d 41, 45 (2d Cir. 2003)). 

 A de facto merger occurs “when a transaction, although not in form a merger, is in 

substance ‘a consolidation or merger of seller and purchaser.’” Nat’l Serv. Industries, 460 F.3d 

at 209 (internal quotations omitted) (quoting Cargo Partner AG, 352 F.3d at 45). Under New 

York law, “hallmarks of a de facto merger include: (1) continuity of ownership; (2) cessation of 

ordinary business and dissolution of the acquired corporation as soon as possible; (3) assumption 

by the purchaser of the liabilities ordinarily necessary for the uninterrupted continuation of the 

business of the acquired corporation; and (4) continuity of management, personnel, physical 

location, assets, and general business operation.” Nat’l Serv. Industries, 460 F.3d at 209. New 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 6 of 13 PAGEID #: <pageID>
7 

York courts “have found the continuity of ownership requirement satisfied where the 

shareholders of the selling corporation retain only an indirect interest in the assets that were 

sold.” Hayden Capital USA, LLC v. Northstar Agri Indus., LLC, No. 11 Civ. 594 (DAB), 2012 

WL 1449257, *5 (S.D.N.Y. Apr. 23, 2012) (citing In re New York City Asbestos Litig., 15 

A.D.3d 254, 256 (N.Y. 2005) (“The first criterion, continuity of ownership, exists where the 

shareholders of the predecessor corporation become direct or indirect shareholders of the 

successor corporation as the result of the successor's purchase of the predecessor's assets, as 

occurs in a stock-for-assets transaction.”); Cargo Partner, 207 F. Supp. 2d at 104–105 (S.D.N.Y. 

2002) (“The fact that the seller's owners retain their interest in the supposedly sold assets 

(through their ownership interest in the purchaser) is the ‘substance’ which makes the transaction 

inequitable.”) (emphasis in original)). 

 Savana argues that the undisputed facts show that there was not continuity of ownership, 

and thus, no de facto merger. According to Savana, it bid on, and purchased with cash, particular 

Epitome assets at a public auction held by Sovereign Bank. Defendant further relies on other 

undisputed facts: Savana expressly declined to assume all of Epitome’s liabilities, including the 

Note; none of Epitome’s stock was transferred pursuant to the Article 9 sale by Sovereign Bank; 

and none of Epitome’s stocks or shares was exchanged for the purchase of Epitome’s assets at 

the Article 9 sale. Savana argues that Sanchez’s role as CEO of Savana and passive investor in 

Epitome cannot establish continuity of ownership, particularly because Sanchez did not obtain 

shares in Savana as part of the sale. Once Epitome collapsed, Sanchez lost his investment in the 

company, which allegedly equaled only 0.010%. Defendant insists that Plaintiff cannot 

demonstrate that any type of shareholder received stock or ownership interest in Savana as a 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 7 of 13 PAGEID #: <pageID>
8 

result of the sale. Given the lack of evidence to show otherwise, Savana claims that Plaintiff is 

unable to prove the de facto merger exception. 

 Opportunity Fund first asserts that Defendant’s Article 9 arguments relating to the sale by 

Sovereign Bank must be rejected. See Perception, Inc. v. Silicon, 2010 WL 3463098, at *6 

(N.D.N.Y. 2010) (“[c]ourts have rejected the view that foreclosure sale under Section 9-504 of 

the UCC precludes the imposition of successor liability.”). Plaintiff argues that reasonable jurors 

could find under the facts sub judice, that there was continuity of ownership. Plaintiff contends 

that there were no shares of Savana available for Sanchez to acquire. According to Opportunity 

Fund, Sanchez transitioned from a passive investor to an active investor by creating a plan that 

involved Epitome selling its assets to another company he had created, with Sanchez speaking 

directly to the Bank in the process. Thus, Plaintiff claims that Sanchez acquired everything from 

Epitome, leaving Epitome’s creditors with nothing. 

 The Court finds that there are genuine issues of material fact that preclude summary 

judgment. Sanchez’s direct involvement in the purchase of Epitome and its assets, and his 

ultimate acquisition of the company, allowed Sanchez to become an active investor in the 

company. A reasonable juror could find that Savana’s acquisition of Epitome, and the details of 

the resulting company operations, demonstrate a continuity of ownership. Thus, the Court 

cannot grant summary judgment on the basis of de facto merger. 

2. Mere Continuation of the Selling Corporation 

The mere continuation exception “is designed to prevent a situation whereby the specific 

purpose of acquiring assets is to place those assets out of reach of the predecessor's creditors.... 

Thus, the underlying theory of the exception is that[ ] if [a] corporation goes through a mere 

change in form without a significant change in substance, it should not be allowed to escape 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 8 of 13 PAGEID #: <pageID>
9 

liability.” Hayden Capital USA, 2012 WL 1449257, at *5 (alterations in original) (internal 

quotations omitted) (quoting Societe Anonyme Dauphitex v. Schoenfelder Corp., No. 07 Civ. 

489, 2007 WL 3253592, at *6 (S.D.N.Y Nov. 2, 2007)). 

The mere continuation rule applies in New York when “the purchasing corporation ... 

represent[s] merely a ‘new hat’ for the seller. That is, it is not simply the business of the original 

corporation which continues, but the corporate entity itself. ” Cargo Partner, 207 F. Supp. 2d at 

95 (internal citations omitted) (quoting Ladjevardian v. Laidlaw-Coggeshall, Inc., 431 F. Supp. 

834, 839 (S.D.N.Y. 1977)). Mere continuation “requires actual dissolution of the seller,” Cargo 

Partner, 207 F. Supp. 2d at 95 (citing Shumacher, 59 N.Y.2d at 244): “[t]he successor-buyer is 

not in existence prior to the purchase of the predecessor's assets, and the predecessor-seller does 

not survive the sale of the assets.” Alvarado v. Dreis & Krump Mfg. Co, 1 Misc.3d 912(A), 2004 

WL 258117, at *2 (N.Y. Super. Ct. Jan. 23, 2004)) (citing Greenlee v. Sherman, 142 A.D.2d 

472, 476 (N.Y.A.D. 1989)). Other factors “considered by New York courts to be indicative of 

the ‘mere continuation’ exception are that the business of the successor is the same as the 

business of the predecessor, the business employs the same work force, and the predecessor's 

officers and directors become the officers and directors of the successor.” Id. (citing Mitchell v. 

Suburban Propane Gas Corp., 182 A.D.2d 934 (N.Y.A.D. 1992)). 

 New York courts have noted that “‘a purchase of assets may ordinarily be arranged so as 

to insulate the purchaser from the seller’s liabilities’ so long as the purchase is ‘for fair 

consideration and undertaken in good faith as a bona fide transaction.” Connecticut Indem. Co. v. 

21st Century Transp. Co., Inc., No. 99-cv-7735(ILG), 2001 WL 868340, at *7 (E.D.N.Y Jul. 27, 

2001) (quoting Gardner v. Fyr-Fyter Co., 47 A.D.2d 591, 591 (N.Y.A.D. 1975)). Thus, the 

absence of fair consideration and good faith can weigh in favor of finding that the transaction 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 9 of 13 PAGEID #: <pageID>
10 

was, in substance, one “with a concomitant assumption of liabilities.” Gardener, 47 A.D.2d at 

591 (holding that questions as to whether an asset sale was “for fair consideration and 

undertaken in good faith as a bona fide transaction” created “factual issues which preclude the 

granting of summary judgment” regarding de facto merger). 

 Reasserting its argument under de facto merger, Defendant argues that the continuity of 

ownership also cannot be met under mere continuation. Defendant points to the Bill of Sale, 

which does not mention the dissolution of Epitome, and shows that Epitome survived the 

transaction. Citing Diaz v. South Bend Lathe, Defendant insists that the argument that Epitome 

became a shell of its former self does not show that Plaintiff has met its burden, because the facts 

do not indicate that Epitome was dissolved at the time of the sale. 707 F. Supp. 97, 100 

(E.D.N.Y. 1989) (“[i]f the predecessor corporation continues to exist after the transaction, in 

however gossamer a form, the mere continuation exception is not applicable.”). Defendant 

further relies on various undisputed facts to support its claim that Plaintiff cannot meet any of the 

remaining factors necessary to meet its burden under this exception. (See Def.’s Mot. for Summ. 

J., Doc. 66-1 at 18). Finally, Defendant contends that the inquiry is not whether Savana 

continued part of Epitome’s business, but whether it continued the corporation itself. 

 Opportunity Fund alleges that there are genuine issues of material fact that preclude 

summary judgment. Plaintiff argues that two of Epitome’s lead officers served as officers of 

Savana. Epitome’s CEO and founder, Vincent Rogusky, became Savana’s President and 

Operating Officer, while Epitome’s Chief Technology Officer took over the same position at 

Savana. Plaintiff asserts that most of Epitome’s key employees went to work at Savana. 

Moreover, as recently as July 2013, customers searching online for BPM software could find 

Epitome’s homepage, which automatically redirected users to Savana’s website. Opportunity 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 10 of 13 PAGEID #: <pageID>
11 

Fund claims that, since its purchase of Epitome, Savana has only marketed and sold Epitome 

BPM software, using nearly all of Epitome’s office equipment in the process. Facts that Savana 

has colored as irrelevant are, according to Opportunity Fund, necessary for this Court to consider 

in determining that summary judgment is improper. 

 Plaintiff has shown that there are genuine issues of material fact that prevent this Court 

from granting summary judgment. The factual issues surrounding the Savana’s acquisition of 

Epitome suggests that there may have been at least some continuity of ownership, pointing to a 

mere continuation of Epitome under the umbrella of Savana. The overlap is significant enough 

that a reasonable juror could find Plaintiff has demonstrated that Savana’s purchase of Epitome 

was simply a change in Epitome’s form, but not a change in substance. Thus, Defendant’s 

Motion for Summary Judgment is DENIED. 

B. Underlying Claims2

 To establish a claim for breach of contract under New York law, a party must prove: “(1) 

a contract; (2) performance of the contract by one party; (3) breach by the other party; and (4) 

damages.” Command Cinema Corp. v. VCA Labs, Inc., 464 F. Supp. 2d 191, 198 (quoting 

Terwilliger v. Terwilliger, 206 F.3d 240, 245-46 (2d Cir. 2000)). Under the Note, one of the 

“Events of Default” is: 

(ii) [Epitome] shall fail in any material respect to observe or 

perform any of its obligations owed to [Opportunity Fund] under 

                                                            

2

 Plaintiff’s Complaint also alleges promissory estoppel and unjust enrichment. Those claims, however, are not 

actionable since neither party argues that the contract is invalid. As the Court noted in its Order on Defendant’s 

Motion to Dismiss, pursuant to New York law, “where a plaintiff has paid the defendant money pursuant to an 

unenforceable agreement, he may obtain restitution damages under an implied-in-law contract theory where there is 

found to be no enforceable contract, but in equity and good conscience the defendant should not retain the amounts 

paid to him.” Kermaneshah v. Kermanshah, No. 08-cv-409, 2010 WL 1904135, at *6 (S.D.N.Y. May 11, 2010) 

(citing Hamlin Beach Camping, Catering, & Concessions Corp. v. State, 303 A.D.2d 849, 358 (N.Y.A.D. 2003); 

RTC Props., Inc. v. Bio Res., Ltd., 295 A.D.2d 285, 744 N.Y.S.2d 173 (N.Y.A.D. 2002)). While a plaintiff “initially 

may raise both breach of contract and unjust enrichment claims, a plaintiff cannot prevail on both because the 

determination that an enforceable contract existed necessarily precludes an unjust enrichment claim based on the 

same underlying agreement.” Id. (See Doc. 47 at 31). 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 11 of 13 PAGEID #: <pageID>
12 

this Note or [LSA] or shall breach in any material respect any 

covenant, agreement, representation or warranty contained in this 

Note or [LSA] and such failure or breach shall not have been 

remedied within 30 days after the date on which written notice of 

such failure or breach shall have been delivered by [Opportunity 

Fund] to [Epitome]. 

(Doc. 66-12, Ex. J). 

 Defendant argues that Opportunity Fund failed to provide written notice to Epitome, and 

thus did not satisfy the requirements of the Note. Moreover, Defendant claims that Plaintiff has 

not produced any evidence of written notice, and Mr. Crawford, Epitome’s corporate 

representative, was unable to recall any written notice during his deposition. During a 

subsequent deposition, Crawford stated that he did not have any documentation showing that 

there was notice from Opportunity Fund. 

 Plaintiff contends that Defendant’s notice argument fails for various reasons. 

Opportunity Fund insists that it could not serve notice on Epitome because it ceased to exist; all 

of its assets were sold, and most of Epitome’s previous employees were then working for 

Savana. Thus, Plaintiff asserts that Savana’s argument that Epitome existed as a legal entity is 

deceitful, at best. Plaintiff further argues that, from the time its lawsuit was initiated to the 

present, Epitome is still listed as an active corporation on the Pennsylvania Secretary of State’s 

online records. When Opportunity Fund attempted to forward a copy of its Complaint to 

Epitome’s last known address, it was unsuccessful. Moreover, when Plaintiff learned that 

Epitome was in default, Savana had already acquired all of Epitome’s assets. Plaintiff claims 

that its breach of contract claim should not be denied simply because Epitome essentially ceased 

to exist on its own, without giving notice to Opportunity Fund, and subsequently began operating 

under Savana’s umbrella. 

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 12 of 13 PAGEID #: <pageID>
13 

 Though Defendant correctly stated that Opportunity Fund did not provide written notice 

to Epitome, Plaintiff has demonstrated that it made a sufficient attempt to give notice to 

Defendant. Moreover, it is unclear in what capacity Epitome exists. Plaintiff points out that 

Epitome is still considered an active corporation by the Pennsylvania Secretary of State, further 

muddying the waters of the transition from Epitome to Savana. Without a clearer delineation 

between Epitome and Savana, a reasonable juror could find that Opportunity Fund acted properly 

in its alleged attempt to deliver notice. Those issues of material fact, therefore, bar this Court 

from granting summary judgment. 

 

V. CONCLUSION

 For the foregoing reasons, Defendants’ Motion is DENIED.

IT IS SO ORDERED. 

 s/Algenon L. Marbley 

 ALGENON L. MARBLEY 

UNITED STATES DISTRICT JUDGE

Dated: August 19, 2014

Case: 2:11-cv-00528-ALM-EPD Doc #: 84 Filed: 08/19/14 Page: 13 of 13 PAGEID #: <pageID>