Belgravia Hartford Capital, Inc. v. Stinson, LLP

CourtDistrict Court, D. New Mexico
DecidedSeptember 30, 2025
Docket1:25-cv-00119
StatusUnknown

This text of Belgravia Hartford Capital, Inc. v. Stinson, LLP (Belgravia Hartford Capital, Inc. v. Stinson, LLP) is published on Counsel Stack Legal Research, covering District Court, D. New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Belgravia Hartford Capital, Inc. v. Stinson, LLP, (D.N.M. 2025).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW MEXICO

BELGRAVIA HARTFORD CAPITAL, INC., and BELGRAVIA HARTFORD GOLD ASSETS CORP., and BELGRAVIA HARTFORD HOLDINGS NM, LLC,

Plaintiffs, v. No. 1:25-cv-00119-JCH-KK STINSON, LLP, PAUL LACKEY, ESQ., and SNELL & WILMER L.L.P.,

Defendants.

MEMORANDUM OPINION AND ORDER

On March 6, 2025, Plaintiffs Belgravia Hartford Capital, Inc. (“Belgravia Capital”), Belgravia Hartford Gold Assets Corp. (“Belgravia Gold”), and Belgravia Hartford Holdings NM, LLC (“Belgravia NM”) (collectively, “Plaintiffs”) filed a Motion to Remand (ECF No. 25), arguing that the Court lacks subject matter jurisdiction because there is not complete diversity among the parties. Defendant Snell & Wilmer, L.L.P (“Snell”) filed a Response to Plaintiffs’ Motion to Remand and Request for Jurisdictional Discovery (Dkt. No. 30). Defendants Stinson, LLP (“Stinson”) and Paul Lackey (“Lackey”) (collectively, the “Stinson Defendants”) filed a separate Response in Opposition to Plaintiffs’ Motion for Remand (Dkt. No. 31), likewise opposing the motion. Plaintiffs filed a Reply in Support of Motion to Remand (Dkt. No. 41). Defendants’ primary argument in support of denying the motion to remand is that the entity Belgravia NM was formed and fraudulently joined as a sham to defeat diversity, and thus the Court should disregard its citizenship when determining subject matter jurisdiction. Before the Court could reach that issue, it had to first consider which complaint was the operative complaint at the time of removal, whether Defendants adequately established their own citizenship, and a choice-of-law question that relied on the validity of assignments of legal malpractice claims. The Court, having considered all the issues raised in the motion and briefs and the relevant law, concludes that the motion to remand should be denied.

I. FACTUAL BACKGROUND A. Colorado Litigation Resulting in Royalty Agreement Belgravia Capital and Belgravia Gold, a wholly owned subsidiary of Belgravia Capital, (together “Belgravia”) are Canadian corporations with their principal place of business in Canada. (First Am. Compl. ¶ 2, Dkt. No. 20-3.) Belgravia hired Snell around May 8, 2017, as its legal counsel related to Belgravia’s investments in mining assets and mineral rights connected to a Polyhalite deposit in Lea County, New Mexico. (See id. ¶ 10.) Lawsuits followed in both Colorado and New York. (See Settlement Agreement 1, Dkt. No. 30-1.) As part of the settlement of both lawsuits, Snell negotiated and drafted a settlement agreement in September 2017 as well as a

Royalty Agreement, granting Belgravia royalty rights tied to the Lea County mine. (See id.; First Am. Compl. ¶ 11, Dkt. No. 20-3.) B. New Mexico Litigation to Enforce Settlement Agreement and Royalty Agreement In September 2021, at Snell’s recommendation, Belgravia filed a civil lawsuit in the United States District Court for the District of New Mexico against PolyNatura concerning the Royalty Agreement, see Belgravia v. PolyNatura, Case No. 2:21-cv-00918-MIS-JHR (“PolyNatura Lawsuit”). (First Am. Compl. ¶ 15, Dkt. No. 20-3.) Snell served as lead counsel for Belgravia in that case until it voluntarily withdrew as counsel, effective September 7, 2022. (Id. ¶¶ 15, 19.) After hiring and firing another law firm (Vinson & Elkins), Belgravia hired Stinson and Lackey as lead counsel to represent them in the PolyNatura Lawsuit. (See id. ¶¶ 17-24.) Lackey appeared in the case in February 2023, then withdrew in May 2023. See Notice (Dkt. No. 77) & Order of Withdrawal & Substitution (Dkt. No. 87), Belgravia v. PolyNatura, Case No. 2:21-cv-00918-MIS- JHR. The PolyNatura Lawsuit is ongoing. See Belgravia v. PolyNatura, Case No. 2:21-cv-00918- MIS-JHR.

C. New Mexico Legal Malpractice Lawsuit On December 23, 2024, Belgravia Capital and Belgravia Gold sued Stinson and Lackey for legal malpractice, negligent and/or intentional misrepresentation, and violation of the Unfair Trade Practices Act in the Second Judicial District Court in the State of New Mexico (hereinafter “Malpractice Lawsuit”). (See Compl. Dkt. No. 1-2.) Belgravia’s claims arose out of their representation in the PolyNatura Lawsuit. (See id. ¶¶ 1, 8) Belgravia alleged that the events giving rise to the action occurred in Bernalillo County, New Mexico. (Id. ¶ 6.) On January 15, 2025, Mehdi Azodi, President of Belgravia Capital, organized Belgravia Hartford Holdings NM (“Belgravia NM”) as a New Mexico limited liability company. (Azodi

Decl. ¶¶ 2-3, Dkt. No. 25-1.) Belgravia NM has four members: Belgravia Capital, Mehdi Azodi, Ernest Angelo, Jr., and Ava Tahmasebi. (Id. ¶ 5.) Mr. Angelo is domiciled in and a resident of Texas, while the other members are domiciled in Canada. (Id.; Angelo Decl. ¶¶ 4-8, Dkt. No. 25- 2.) Mr. Angelo has a longstanding role as Independent Director of Belgravia Capital, extending “to involvement in its subsidiaries like” Belgravia NM. (Angelo Decl. ¶ 3, Dkt. No. 25-2.) Mr. Azodi executed a Partial Assignment of Interest in Claims (hereinafter, “Partial Assignment”), signing on behalf of the Assignors in his role as President of Belgravia Gold and President & CEO of Belgravia Capital as well as on behalf of the Assignee in his role as Manager of Belgravia NM. (Partial Assignment 1-2, Dkt. No. 25-1 at 7-8 of 8.) In the document, Belgravia Gold and Belgravia Capital assigned to Belgravia NM a 50% interest “in any and all claims and causes of action or proceedings at law or in equity it now has against Stinson LLP and Paul Lackey arising out of, or related to their representation of”, Belgravia as set forth in the Malpractice Lawsuit. (Id. at 1.) Belgravia retained the right to “have primary responsibility for prosecuting the Litigation, including making decisions regarding strategy and settlement, in consultation with

Assignee.” (Id.) Belgravia NM agreed to bear 25% of the costs associated with prosecuting the Malpractice Lawsuit. (Id.) The Partial Assignment contained a provision stating that the “Assignment shall be governed by and construed in accordance with the laws of the State of New York.” (Id.) According to Mr. Azodi, the assignment “centralized the management of these claims and allowed for specialized handling, risk management, and to more easily secure funding or allocate resources for legal fees and expenses.” (Azodi Decl. ¶ 7, Dkt. No. 25-1 at 2 of 8.) He averred that he took the actions for bona fide business reasons to have a dedicated LLC with its own budget for the case, allowing the organization to manage the expenses and potential recovery in a structured way. (Id. ¶¶ 7-8.)

Six days later, on January 21, 2025, Plaintiffs filed in state court a First Amended Complaint adding Snell as a defendant and Belgravia NM as a plaintiff. (First Am. Compl. 1, Dkt. No. 1-4.) According to the amended complaint, Belgravia NM is a domestic limited liability company “and the assignee of certain interests related to the claims asserted in this litigation.” (Id. ¶ 3.) Plaintiffs served Snell with the amended complaint on January 30, 2025. (Notice of Consent to Removal 2, Dkt. No. 20.) Within 30 days of service of the initial complaint on Defendants Stinson and Lackey, on February 4, 2025, Stinson and Lackey filed a Notice of Removal, seeking to remove the Malpractice Lawsuit to this Court based on diversity jurisdiction. (See Notice of Removal 1-2, Dkt. No. 1.)1 Prior to removal, Stinson and Lackey had not appeared in the state court proceeding, nor had an attorney for them appeared in the case. (See id. & Exhibits attached thereto.) In support of removal, the Stinson Defendants filed a Declaration asserting that Lackey “is an individual residing in Texas,” and that none of the partners comprising the Stinson LLP “resid[e]” in Canada or New Mexico. (Baker Decl. ¶¶ 4-6, Dkt. No. 1-1.) Citing the original

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