ActiGraph Holdings, LLC v. Cyntech, Inc.

CourtCourt of Chancery of Delaware
DecidedFebruary 14, 2023
DocketC.A. No. 2021-0507-KSJM
StatusPublished

This text of ActiGraph Holdings, LLC v. Cyntech, Inc. (ActiGraph Holdings, LLC v. Cyntech, Inc.) is published on Counsel Stack Legal Research, covering Court of Chancery of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
ActiGraph Holdings, LLC v. Cyntech, Inc., (Del. Ct. App. 2023).

Opinion

COURT OF CHANCERY OF THE STATE OF DELAWARE KATHALEEN ST. JUDE MCCORMICK LEONARD L. WILLIAMS JUSTICE CENTER CHANCELLOR 500 N. KING STREET, SUITE 11400 WILMINGTON, DELAWARE 19801-3734

Date Submitted: November 4, 2022 Date Decided: February 14, 2023

Ronald N. Brown, III Catherine A. Gaul Amy E. Evans Michael D. Walker DLA Piper LLP (US) Ashby & Geddes 1201 N. Market St. Suite 2100 500 Delaware Avenue, 8th Floor Wilmington, DE 19801 P.O. Box 1150 Wilmington, DE 19899

Re: ActiGraph Holdings, LLC, et al. v. Cyntech, Inc., et al., C.A. No. 2021-0507-KSJM

Dear Counsel:

The defendants have moved to dismiss the three-count complaint under Court of

Chancery Rules 12(b)(1), 12(b)(2), and 12(b)(6). 1 This decision holds that the court lacks

personal jurisdiction over Defendant Jeffrey D. Arnett as to Count III, which serves as the

sole basis for the court’s subject matter jurisdiction. Lacking any basis for subject matter

jurisdiction, this decision dismisses the remainder of the complaint without prejudice and

with leave to transfer to the Delaware Superior Court pursuant to 10 Del. C. § 1902. 2

1 Defs.’ Am. Mot. to Dismiss, Dkt. No. 9. 2 This case was transferred to me from Vice Chancellor Glasscock after the motions were fully briefed and the parties presented oral argument. After examining the briefs and oral argument transcripts, I concluded that further argument before me was unnecessary. C.A. No. 2021-0507-KSJM February 14, 2023 Page 2 of 7

This matter arises out of the sale of ActiGraph LLC, a Florida limited liability

company. 3 Florida residents Arnett and Paul S. Hsu, and Florida entity the Biggs 2005

Family Trust (collectively, the “Stockholders”) owned Cyntech, Inc. (“Cyntech”), a Florida

corporation. 4 Cyntech owned ActiGraph, 5 a provider of medical-grade biometric

monitoring. 6 On May 7, 2020, Cyntech and the Stockholders (together “Defendants”)

entered into a purchase agreement (the “Purchase Agreement”) to sell Cyntech’s interest

in ActiGraph to ArchiMed SAS’s Delaware subsidiary, ActiGraph Holdings, LLC

(“Holdings”). 7 Arnett was ActiGraph’s CEO prior to the sale. 8

Holdings and ActiGraph (together “Plaintiffs”) brought this suit against Cyntech

and the Stockholders in connection with the sale. In Count I, Plaintiffs claim that

Defendants breached the purchase agreement. In Count II, Plaintiffs claim that Arnett and

Cyntech fraudulently induced them to buy the ActiGraph. In Count III, ActiGraph claims

that Arnett breached his fiduciary obligations to the company prior to the sale. The claim

for breach of fiduciary duty found in Count III supplies Plaintiffs’ sole basis for invoking

this court’s subject matter jurisdiction.

3 Verified Compl., Dkt. No. 1 (“Compl.”). Unless otherwise specified, the facts in this section are drawn from the Complaint. 4 Compl. ¶¶ 3, 20–23. 5 Id. ¶¶ 1–2. 6 Id. ¶¶ 26. 7 Id. ¶¶ 4, 27–29. 8 Id. ¶ 23. C.A. No. 2021-0507-KSJM February 14, 2023 Page 3 of 7

Arnett has moved to dismiss Count III for lack of personal jurisdiction. Delaware

courts apply a two-part test to determine whether a Delaware court has personal jurisdiction

over a non-resident defendant. 9 First, the court considers whether a governing statute

“authorizes service of process on the defendant.” 10 Second, the court analyzes whether the

non-resident defendant has minimum contacts with Delaware such that she could

reasonably foresee being called into our courts. 11 “Where a party commits to the

jurisdiction of a particular court or forum by contract, such as through a forum selection

clause, a ‘minimum contacts’ analysis is not required;” 12 the court’s analysis focuses on

the contractual language.

Plaintiffs argue that Arnett submitted to the personal jurisdiction of this court by

agreeing to a forum selection provision in the Purchase Agreement. The forum selection

provision states that: 13

Each party hereby irrevocably submits to the jurisdiction of the Court of Chancery of the state of Delaware or any federal court of competent jurisdiction in the state of Delaware, solely in respect of the interpretation and enforcement of the provisions of this agreement and of the documents referred to in this agreement, and hereby waives, and agrees not to assert, as a defense in any action, suit or proceeding for the interpretation or

9 Eagle Force Hldgs., LLC v. Campbell, 187 A.3d 1209, 1228 (Del. 2018) (citing AeroGlobal Capital Mgmt., LLC v. Cirrus Indus., Inc., 871 A.2d 428, 438 (Del. 2005)). 10 Id. 11 Id. 12 Id. 13 Pls.’ Answering Br. Opp’n Defs.’ Mot. to Dismiss Verified Compl. 12–16, Dkt. No. 11 (“Pls.’ Answering Br.”). C.A. No. 2021-0507-KSJM February 14, 2023 Page 4 of 7

enforcement hereof or of any such document, (a) that it is not subject thereto or that such action, suit or proceeding may not be brought or is not maintainable in said courts, (b) that the venue thereof may not be appropriate or (c) that the internal laws of the state of Delaware do not govern the validity, interpretation or effect of this agreement, and the parties hereto irrevocably agree that all disputes with respect to such action or proceeding shall be heard and determined in such a state or federal court. Each party hereby consents to and grants any such court jurisdiction over the person of such parties and over the subject matter of any such dispute and agrees that mailing of process or other papers in connection with any such action or proceeding in the manner provided in section 7.4, or in such other manner as may be permitted by law, shall be valid and sufficient service thereof. 14

As the above-emphasized language reflects, the parties to the forum selection

provision limited their consent to jurisdiction as it relates to the “interpretation and

enforcement” of the Purchase Agreement. By agreeing to the forum selection clause,

Arnett did not expressly consent to this court’s exercise of personal jurisdiction over him

to resolve claims for breach of fiduciary duties. Nor do Arnett’s fiduciary obligations as

CEO of Altigraph arise from the Purchase Agreement.

The court’s decision in Pacira BioSciences, Inc. v. Fortis Advisors LLC is

instructive. 15 There, the court interpreted a forum selection provision in a merger

agreement stipulating to jurisdiction over claims that “arise out of the [m]erger [a]greement

or the matters contemplated [t]herein.” 16 The plaintiffs argued that a forum selection

provision gave rise to personal jurisdiction over claims for breach of fiduciary duties

14 Compl., Ex. 1 § 7.9, Dkt. No. 1. (emphasis added, all caps omitted). 15 2021 WL 4949179 (Del. Ch. Oct. 25, 2021). 16 Id. at *19. C.A. No. 2021-0507-KSJM February 14, 2023 Page 5 of 7

against signatories to the merger agreement. 17 As one of their responses, the signatories

argued that the claims for breach of fiduciary duty did not “arise out of” the merger

agreement. Vice Chancellor Fioravanti agreed, holding that the “arising out of” language

was comparatively narrow and extend to the claims for fiduciary breach. 18

Here, the forum selection provision at issue is even narrower, applying “solely” to

“interpretation and enforcement of the provisions of this agreement.” Plaintiffs’ claims for

breach of fiduciary duty does not requiring interpreting or enforcing the agreement. As a

result, the Purchase Agreement’s forum selection provision does not confer personal

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Cite This Page — Counsel Stack

Bluebook (online)
ActiGraph Holdings, LLC v. Cyntech, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/actigraph-holdings-llc-v-cyntech-inc-delch-2023.