Boyd v. Lopez Vidal

CourtDistrict Court, D. Puerto Rico
DecidedFebruary 10, 2025
Docket3:22-cv-01190
StatusUnknown

This text of Boyd v. Lopez Vidal (Boyd v. Lopez Vidal) is published on Counsel Stack Legal Research, covering District Court, D. Puerto Rico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Boyd v. Lopez Vidal, (prd 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO

Gregory Boyd, et al.,

Plaintiffs, Civil No. 22-1190 (GMM) v. Olmar López-Vidal, et al., Defendants.

OPINION AND ORDER This case arises from a dispute over the alleged misconduct of officers to GFC Holdings, LLC (“GFC”) and Biomass Green Fuels, LLC (“BGF”). The issue to be resolved is a request to hold defendants Olmar López-Vidal and Olmar López-Gómez in contempt for violation of Magistrate Judge Marcos E. López’s (“Magistrate Judge”) orders during mediation. See (Docket No. 295). Before the Court is the November 18, 2024, Report and Recommendation (“R&R”) issued by the Magistrate Judge. (Docket No. 526). In his report, the Magistrate Judge addressed the Urgent Petition for Entry of Contempt Order and related filings. (Docket Nos. 295; 300; 326; 368). For the following reasons, the Court ADOPTS the R&R IN PART and REJECTS the R&R IN PART, as discussed herein. I. BACKGROUND A. The Lawsuit in Federal Court On January 31, 2023, plaintiffs Gregory Boyd and Jonathan Lassers, individually and on behalf of BGF and GFC for their derivative claims (collectively, “Plaintiffs”) filed a Second Amended Complaint. (Docket No. 147). Plaintiffs alleged multiple causes of action against Olmar López-Gómez, Vivian Vidal de López, the Conjugal Partnership López-Vidal, Olmar López-Vidal, Cristina Ríos Mena, the Conjugal Partnership López-Mena, Green CO2 Dominica S.R.L., Carlos López-Vidal, Claudia Ferrer Tañón, the Conjugal Partnership López-Ferrer, World Spirits, LLC, Alexander Borschow, Mariella Danspeckgruber, the Conjugal Partnership Borschow Danspeckgruber, George Economou, Lidiana Rodríguez, the Conjugal Partnership Economou-Rodríguez, Joval Rodríguez Barnes, Stephanie Cummings, the Conjugal Partnership Rodríguez-Cummings, International Technical Services, Inc., Accurate Solutions, Corp., Distributed Power Innovators JV, Banco Popular, Semillero Partners, and The Puerto Rico Fund for Growth and Community Development Venture Capital Alliance (collectively, “Defendants”). (Docket No. 147). The complaint seeks: (1) a declaratory judgment that Gregory

Boyd has not misappropriated BGF’s trade secrets by negotiating discounts with suppliers for a biorefinery; (2) a declaratory judgment that Gregory Boyd has not violated the Defend Trade Secrets Act (“DTSA”), 18 U.S.C. § 1836, et seq.; (3) a declaratory judgment that Gregory Boyd’s personal guaranties are unenforceable; (4) a declaratory judgment that Banco Popular’s “Bank Credit Agreement 7.1(e) ” be deemed null and void; (5) damages for breach of contract; (6) damages for fraudulent inducement and concealment (“dolo”); (7) damages for violations to the Racketeering Influenced and Corrupt Organization Act (“RICO”), 18 U.S.C. § 1962(a); (8) damages for violations to Rule 10b-5 issued by the Securities and Exchange Commission; (9) compensation for breach of fiduciary duty; (10) damages for defamation; and (11) to present derivative claims on behalf of BGF and GFC for “misconduct” of the defendants. See (id.). B. The Mediation On March 27, 2023, the following persons or entities, some of which are parties identified in the complaint while others are not, executed a “Mediation Agreement”: VRM Penzini Capital, LLC and VRM Penzini Fund I, LLC Renewable Series II. (“VRM Penzini”); BGF; GFC; Gregory Boyd; Jonathan Lassers; Olmar López-Gómez, Vivian Vidal de López, the Conjugal Partnership López-Vidal; Olmar López-Vidal, Cristina Ríos Mena, the Conjugal Partnership López-

Ríos; George Economou, Lidiana Rodríguez, the Conjugal Partnership Economou-Rodríguez; Carlos López-Vidal, Claudia Ferrer Tañón, the Conjugal Partnership López-Ferrer; Distributed Power Innovators JV; International Technical Services, Inc.; International Technical Services Corp. I.T.S. Corporation; World Spirits, LLC; Green CO2 Dominica S.R.L.; Green Co2 Dominicana LLC of Puerto Rico; Green Co2, LLC; Green Hydrogen, LLC; Semillero Partners, LLC (“Semillero Partners”); Alexander Borschow, Mariella Danspeckgruber, the Conjugal Partnership Borschow-Danspeckgruber; Community Development Venture Capital Alliance (“CDVCA”); the Puerto Rico Fund for Growth (“PRFG”); CB Solutions Corp.; Accurate Solutions, Corp.; Roberto D. Acosta Marín; Banco Popular de Puerto Rico (“BPPR”); and Joval Rodríguez Barnes, Stephanie Cummings, and the Conjugal Partnership Rodríguez-Cummings. (Docket No. 295-1). On that same date, Joint Motion Requesting Mediation and a Stay of Proceedings Pending Mediation was filed, and the referral order was issued accordingly the following day. (Docket Nos. 159; 160). The Mediation Agreement labels VRM Penzini, its members, and respective agents, successors, executors, administrators, personal representatives, and assigns as “the VRM Parties.” As to all the remaining parties and their respective agents, successors, executors, administrators, personal representatives, and assigns, the Mediation Agreement refers to them as “the Litigation Parties.”

The following provisions are included in the second section of the Mediation Agreement, among others: 3. Both the Litigation Parties and the VRM Parties agree to maintain as confidential between the Parties and the Court the progress of such mediation, and any communications or negotiations in furtherance thereof. The Parties further agree that any documents and/or information disclosed during the mediation, to the extent not already public and disclosed on a confidential basis during the mediation, shall be treated as confidential for purposes of the mediation. Notwithstanding the foregoing, no provision herein shall be deemed as a limitation on any of the Litigation Parties to engage in discovery pursuant to the Rules of Civil Procedure if the Litigation is reactivated.

4. None of the VRM Parties or the Litigation Parties shall make a claim against the other based on the participation by any of the VRM Parties or the Litigation Parties in the court supervised mediation of the Litigation, or in connection with the negotiations and communications made during or in furtherance of such mediation. Without limiting the foregoing, each of the VRM Parties and the Litigation Parties agree that they may not use any of the following as evidence to prove or disprove the validity or amount of a disputed claim or to impeach any of the Parties by a prior inconsistent statement:

(a) Furnishing, promising or offering – or accepting, promising to accept or offering to accept—a valuable consideration in compromising or attempting to compromise any of the claims as part of the court- supervised mediation of the Litigation; and/or

(b) Conduct or a statement made during negotiations as part of the court- supervised mediation of the Litigation.

(Docket No. 295-1, at 2-3). Five mediation sessions were held between May 17, 2023, and August 16, 2023. (Docket Nos. 188; 195; 234; 235; 248). Not all the signatories of the Mediation Agreement were invited to attend all the mediation sessions. Instead, as the mediation process progressed and depending on their willingness to consider various settlement scenarios, different groups were summoned to participate in the mediation sessions that were held. The Magistrate Judge issued an order of confidentiality among the directives given to all the participants in the mediation process. See (Docket No. 188 at 4)1. C. The Settlement Agreement and the Settlement Agreement and Release

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