BDO USA, P.C. v. Franz

2025 NY Slip Op 30053(U)
CourtNew York Supreme Court, New York County
DecidedJanuary 7, 2025
DocketIndex No. 652816/2020
StatusUnpublished

This text of 2025 NY Slip Op 30053(U) (BDO USA, P.C. v. Franz) is published on Counsel Stack Legal Research, covering New York Supreme Court, New York County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
BDO USA, P.C. v. Franz, 2025 NY Slip Op 30053(U) (N.Y. Super. Ct. 2025).

Opinion

BDO USA, P.C. v Franz 2025 NY Slip Op 30053(U) January 7, 2025 Supreme Court, New York County Docket Number: Index No. 652816/2020 Judge: Andrea Masley Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. This opinion is uncorrected and not selected for official publication. FILED: NEW YORK COUNTY CLERK 01/07/2025 04:56 PM INDEX NO. 652816/2020 NYSCEF DOC. NO. 498 RECEIVED NYSCEF: 01/07/2025

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK: COMMERCIAL DIVISION PART 48 -----------------------------------------------------------------------------------X BDO USA. P. C. F/K/A BDO USA, LLP, INDEX NO. 652816/2020

Plaintiff, MOTION DATE -- -v- MOTION SEQ. NO. 014 015 MATTHEW FRANZ and DONALD SOWELL,

Defendants. DECISION + ORDER ON MOTION -----------------------------------------------------------------------------------X

HON. ANDREA MASLEY:

The following e-filed documents, listed by NYSCEF document number (Motion 014) 284, 285, 286, 287, 288, 289, 290, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 382, 383, 384, 389, 390, 391, 392, 450, 451, 452, 453, 454, 455, 456, 457, 458, 459, 462, 463, 470, 471, 472, 473, 474, 475, 476, 477, 479 were read on this motion to/for JUDGMENT - SUMMARY .

The following e-filed documents, listed by NYSCEF document number (Motion 015) 307, 308, 309, 310, 311, 312, 313, 314, 315, 316, 317, 318, 319, 320, 321, 322, 323, 324, 325, 326, 327, 328, 329, 330, 331, 332, 333, 334, 335, 336, 337, 338, 339, 340, 341, 342, 343, 344, 345, 346, 347, 348, 349, 350, 351, 352, 353, 354, 355, 356, 357, 358, 359, 360, 361, 362, 363, 364, 365, 366, 367, 368, 369, 370, 371, 372, 373, 374, 375, 376, 377, 379, 380, 381, 393, 394, 395, 396, 397, 398, 399, 400, 401, 402, 403, 404, 405, 406, 407, 408, 409, 410, 411, 412, 413, 414, 415, 416, 417, 418, 419, 420, 460, 461, 478 were read on this motion to/for JUDGMENT - SUMMARY .

In motion sequence number sequence 014, plaintiff BDO USA, P.C. f/k/a BDO

USA LLP (BDO) moves pursuant to CPLR 3212 (b) and (e) for partial summary

judgment on its cause of action for breach of contract and, alternatively, full summary

judgment on its faithless servant claim. Regarding its breach of contract claim, BDO

only moves for summary judgment on liability for defendants’ alleged violation of the

exclusivity provision of the manager agreements at issue and not other alleged

breaches. In motion sequence number 015, defendants Matthew Franz and Donald

Sowell move pursuant to CPLR 3212 for summary judgment dismissing the complaint. 652816/2020 BDO USA, LLP vs. FRANZ, MATTHEW Page 1 of 28 Motion No. 014 015

1 of 28 [* 1] FILED: NEW YORK COUNTY CLERK 01/07/2025 04:56 PM INDEX NO. 652816/2020 NYSCEF DOC. NO. 498 RECEIVED NYSCEF: 01/07/2025

Background

Sowell worked for BDO pursuant to a September 8, 2015 manager agreement

until June 30, 2020. (NYSCEF Doc. No. [NYSCEF] 383, Joint Statement of Undisputed

Material Facts [JS] ¶¶ 3, 12; NYSCEF 4, Sowell Manager Agreement.) Franz worked

for BDO pursuant to a November 6, 2015 manager agreement until June 26, 2020.

(NYSCEF 383, JS ¶¶ 4, 14; NYSCEF 3, Franz Manager Agreement.)1

The manager agreements’ exclusivity provision states that “[w]hile employment

continues, Employee agrees to devote all of Employee’s working time and energy and

to give Employee’s best attention exclusively to the business of the Firm.” (NYSCEF 3,

Franz Manager Agreement ¶ 2; NYSCEF 4, Sowell Manager Agreement ¶ 2.)

Additionally, per their manager agreements, defendants agreed to be bound by the

BDO Code of Business Ethics and Conduct (Ethics Code) and Workplace Guide. (Id. ¶

3.) The manager agreements also include the following liquidated damages provision:

“In consideration of the Firm appointing Employee to a Manager position and/or for continued employment with the Firm in a Manager position, it is agreed that prior to, at, or after, his/her departure from the Firm (whether by resignation, termination or otherwise):

(a) If Employee, without the specific consent of the Chief Executive Officer, or his/her designee, removes, copies, uses or discloses any Confidential Information, including any files, business records, trade secrets or other property of the Firm, in contravention of the Employee’s obligations under this Agreement, then Employee will pay the Firm $20,000 for any such incident, loss or damage, or a lesser amount, if Employee reasonably proves to the Firm that such lesser amount fully compensates the Firm for the applicable loss or damage;

(b) If Employee, without the specific consent of the Chief Executive Officer, or his/her designee, otherwise causes the Firm financial loss or damage through unfair competition or business practices or violation of Employee’s fiduciary duty, including the unauthorized use of Confidential Information, then the Employee

1BDO’s counsel concedes that the two manager agreements are identical. (NYSCEF 486, tr at 4:9 [oral argument on mot. seq. nos. 014, 015].) 652816/2020 BDO USA, LLP vs. FRANZ, MATTHEW Page 2 of 28 Motion No. 014 015

2 of 28 [* 2] FILED: NEW YORK COUNTY CLERK 01/07/2025 04:56 PM INDEX NO. 652816/2020 NYSCEF DOC. NO. 498 RECEIVED NYSCEF: 01/07/2025

shall pay the Firm $20,000 for any such incident, loss or damage, or a lesser amount, if Employee reasonably proves to the Firm that such amount reflects the applicable loss or damage.” (Id. ¶ 8.)

BDO alleges that defendants breached the exclusivity provision by engaging in

outside business while employed by BDO, as well as other provisions concerning the

confidentiality of BDO’s information. BDO alleges causes of action against defendants

for (i) breach of the manager agreements, (ii) breach of fiduciary duty, (iii) breach of the

duty of good faith and fair dealing, (iv) faithless servant, and (v) unjust enrichment.

Discussion

Under CPLR 3212, “the proponent of a summary judgment motion must make a

prima facie showing of entitlement to judgment as a matter of law, tendering sufficient

evidence to demonstrate the absence of any material issues of fact.” (Alvarez v

Prospect Hosp., 68 NY2d 320, 324 [1986] [citations omitted].) Once the movant has

made such a showing, the burden shifts to the opposing party to demonstrate, with

admissible evidence, facts sufficient to require a trial, or summary judgment will be

granted. (See Winegrad v New York Univ. Med. Ctr., 64 NY2d 851, 853 [1985].)

“[S]ummary judgment may be granted as to one or more causes of action, or part

thereof, in favor of any one or more parties, to the extent warranted, on such terms as

may be just.” (CPLR 3212 [e].)

Motion Seq. No. 014 – BDO’s Motion for Partial Summary Judgment

Breach of Contract

BDO moves for partial summary judgment on the issue of liability only the extent

BDO alleges that defendants breached the exclusivity provision of the manager

agreements by “failing to devote all of their working time and energy and to give their

652816/2020 BDO USA, LLP vs. FRANZ, MATTHEW Page 3 of 28 Motion No. 014 015

3 of 28 [* 3] FILED: NEW YORK COUNTY CLERK 01/07/2025 04:56 PM INDEX NO. 652816/2020 NYSCEF DOC. NO. 498 RECEIVED NYSCEF: 01/07/2025

best attention exclusively to the business of the Firm, including by (a) maintaining

separate personal consulting businesses that competed with BDO and (b) devoting time

and energy and attention to those separate businesses while employed at BDO.”

(NYSCEF 2, Complaint ¶ 75.)

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Bluebook (online)
2025 NY Slip Op 30053(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/bdo-usa-pc-v-franz-nysupctnewyork-2025.