Barefoot v. Barefoot

2022 NCBC 5
CourtNorth Carolina Business Court
DecidedFebruary 2, 2022
Docket21-CVS-1788
StatusPublished

This text of 2022 NCBC 5 (Barefoot v. Barefoot) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Barefoot v. Barefoot, 2022 NCBC 5 (N.C. Super. Ct. 2022).

Opinion

Barefoot v. Barefoot, 2022 NCBC 5.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION MECKLENBURG COUNTY 21 CVS 1788

ROBERT BRETT BAREFOOT, individually and derivatively on behalf of Robert and Sons, LLC,

Plaintiff, ORDER AND OPINION ON v. DEFENDANTS’ JOINT MOTION TO DISMISS FOR LACK OF SUBJECT QUINT BAREFOOT; KB NC HOLDINGS, LLC; SHAMROCK NC MATTER JURISDICTION AND HOLDINGS, LLC; GREGORY FAILURE TO STATE A CLAIM WAYNE KISER; GAIL BUCHANAN; KEITH BAREFOOT; HEATH BAREFOOT; IRIS BAREFOOT; and ROBERT AND SONS, LLC,

Defendants.

1. THIS MATTER is before the Court upon Defendants Quint Barefoot

(“Quint”), KB NC Holdings, LLC (“KB”), Shamrock NC Holdings, LLC (“Shamrock”),

Gregory Wayne Kiser (“Kiser”), Gail Buchanan (“Buchanan”), Keith Barefoot

(“Keith”), Heath Barefoot (“Heath”), and Robert and Sons, LLC’s (“R&S” or the

“Company”; collectively, “Defendants”) 1 Joint Motion to Dismiss for Lack of Subject

Matter Jurisdiction and Failure to State a Claim (the “Motion”) filed on 25 June 2021

in the above-captioned case. (ECF No. 32.)

2. The Motion seeks the dismissal of all of Plaintiff Robert Brett Barefoot’s

(“Brett”) derivative and individual claims, which arise out of the 2018 sale of certain

real property assets of the Company to KB.

1 “Defendants” as defined here does not include Defendant Iris Barefoot (“Iris”), who is named

as “a nominal defendant and/or a necessary party pursuant to Rule 19 of the North Carolina Rules of Civil Procedure.” (Compl. ¶ 9, ECF No. 5.) 3. Having considered the Motion, the related briefing, the arguments of

counsel at the hearing on the Motion, and other appropriate matters of record, the

Court hereby GRANTS the Motion for the reasons set forth below.

Lord Law Firm, PLLC, by Harrison A. Lord and Kevin G. Sweat, for Plaintiff Robert Brett Barefoot, individually and derivatively on behalf of Robert and Sons, LLC.

Tuggle Duggins P.A., by Jeffrey S. Southerland and Richard W. Andrews, for Defendants Quint Barefoot, Keith Barefoot, Heath Barefoot, and Robert and Sons, LLC.

Fox Rothschild LLP, by Gregory G. Holland, for Defendant Iris Barefoot.

Isaacson Sheridan, by Benjamin J. Rafte and Jennifer N. Fountain, for Defendants KB NC Holdings, LLC, Shamrock NC Holdings, LLC, Gregory Wayne Kiser, and Gail Buchanan.

Bledsoe, Chief Judge.

I.

FACTUAL AND PROCEDURAL BACKGROUND

A. Factual Background

4. The Court does not make findings of fact when ruling on motions to dismiss

under Rule 12(b)(1) of the North Carolina Rules of Civil Procedure (“Rule(s)”); rather,

the Court recites only those facts that are relevant and necessary to the Court’s

determination of the Motion. See Aldridge v. Metro. Life Ins. Co., 2019 NCBC LEXIS

53, at *8 (N.C. Super. Ct. Aug. 15, 2019).

5. Brett, Quint, Heath, and Keith are brothers; Iris is their mother. (Compl. ¶

27.) As of 2014, the four brothers each held a 10.6% minority interest in R&S, and

Iris, as trustee of the 2008 Iris B. Barefoot Living Trust, held a 57.6% majority ownership interest. 2 Iris was also the sole manager of the company. 3 R&S was

formed and operated for the purpose of holding, owning, and/or leasing real property,

which included certain real property located at 501, 502, 503, and 519 Patton Avenue;

2500, 2504, and 2506 Fieldcrest Road; and 607 Mariner Road in Greensboro, North

Carolina (the “Property”). (Compl. ¶¶ 32–35.)

6. Kiser and Buchanan are managing members of both KB and Shamrock. 4

Brett alleges that Quint engaged in various business dealings with the KB

Defendants and/or their affiliates prior to and after the 2018 sale of the Property.

(See Compl. ¶¶ 86–98.)

7. Non-party Shamrock Environmental Corporation (“SEC”), which Brett

alleges is affiliated with the KB Defendants, leased the property located at 519 Patton

Avenue from R&S. 5 Brett claims that Quint informed Iris and other members of R&S

that SEC could no longer meet its financial obligations under the lease and was

considering termination of the lease in 2017. (Compl. ¶ 41.) During that same year,

Brett alleges that the KB Defendants or their affiliates approached R&S, through

Quint, about purchasing the Property. (Compl. ¶ 38.)

2 (See Br. Supp. Defs.’ Joint Mot. Dismiss Lack of Subject Matter Jurisdiction & Failure State

Claim [hereinafter “Defs.’ Br. Supp.”] Ex. C, Action of the Manager of R&S [hereinafter “2014 Manager Action”], ECF No. 33.4; see also Compl. ¶ 28.) 3 (See Defs.’ Br. Supp. Ex. B, Operating Agreement of R&S § 5.6 [hereinafter “Operating

Agreement”], ECF No. 33.3.)

4 (See Pl.’s Br. Opp’n Joint Mot. Dismiss Lack of Subject Matter Jurisdiction & Failure State

Claim [hereinafter “Pl.’s Opp’n Br.”] Ex. 2, ECF No. 36.2.) The Court will hereafter refer to Kiser, Buchanan, KB, and Shamrock collectively as the “KB Defendants.”

5 (See Compl. ¶¶ 37, 40; see also Compl. Ex. 2, Agreement for Purchase and Sale of Real

Property 13 [hereinafter “Purchase Agreement”], ECF No. 5.) 8. According to Brett, Iris suffered from migraines in 2017 and 2018, the effects

and treatment of which prevented her from taking effective legal action on behalf of

R&S during that time. (See Compl. ¶ 53.) Brett alleges that Quint exploited Iris’s

poor health during this period, exerting undue influence to pressure her into selling

the Property for an “unconscionably low” price. (See Compl. ¶¶ 55–56, 66–69, 80–83.)

Specifically, Brett alleges that Quint failed to disclose to Iris (as well as to the other

members of R&S) his business relationship with the KB Defendants and their

affiliates and that he misrepresented SEC’s ability to comply with the terms of the

lease. (See Compl. ¶¶ 43, 107, 133, 139, 147, 194, 209.) Brett also claims that a

picture of the 519 Patton Avenue property was featured in a 2017 appraisal of the

other seven parcels included in the Property, thereby misleading Iris into believing

that the 2017 appraisal valuation included the entire Property. (See Compl. ¶¶ 73–

76.)

9. R&S sold the Property to KB on 6 February 2018 for $2,800,000. (See

Compl. ¶ 81.) Iris signed the Agreement for Purchase and Sale of Real Property (the

“Purchase Agreement”) for R&S as manager of the Company. (See Purchase

Agreement 8.) Brett alleges that the fair market value of the Property at that time

was “well in excess of $4,000,000.00, and likely between $5,000,000.00 to

$6,000,000.00.” (Compl. ¶ 82.) Brett learned of the transaction when he received his

share of the proceeds from the sale as a distribution from R&S. (Compl. ¶ 64.) B. Procedural History

10. Brett, Iris, and R&S commenced this action on 5 February 2021, one day

before certain claims would be time-barred by the relevant statutes of limitations, by

filing an Application and Order Extending Time to File Complaint (the “Application

and Order”). (Appl. & Order Extending Time File Compl. [hereinafter “Appl. &

Order”], ECF No. 3; see also Compl. ¶¶ 12, 16.) That same day, former counsel for

Brett, Iris, and R&S sent a letter to Quint, Keith, Heath, and the KB Defendants (the

“Letter”), requesting that the parties “discuss [the] circumstances surrounding the

sale before engaging in protracted litigation” and sign a Tolling Agreement. (Defs.’

Br. Supp. Ex. A [hereinafter “Letter”], ECF No. 33.2; see also Compl. ¶ 17.) The file-

stamped Application and Order and a proposed Tolling Agreement were attached to

the Letter.

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