Dorilton Capital Mgt. LLC v. Stilus LLC

2025 NY Slip Op 30605(U)
CourtNew York Supreme Court, New York County
DecidedFebruary 21, 2025
DocketIndex No. 652428/2023
StatusUnpublished

This text of 2025 NY Slip Op 30605(U) (Dorilton Capital Mgt. LLC v. Stilus LLC) 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
Dorilton Capital Mgt. LLC v. Stilus LLC, 2025 NY Slip Op 30605(U) (N.Y. Super. Ct. 2025).

Opinion

Dorilton Capital Mgt. LLC v Stilus LLC 2025 NY Slip Op 30605(U) February 21, 2025 Supreme Court, New York County Docket Number: Index No. 652428/2023 Judge: Andrew Borrok 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 02/21/2025 04:47 PM INDEX NO. 652428/2023 NYSCEF DOC. NO. 593 RECEIVED NYSCEF: 02/21/2025

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK: COMMERCIAL DIVISION PART 53 -----------------------------------------------------------------------------------X DORILTON CAPITAL MANAGEMENT LLC,WILLIAMS IP INDEX NO. 652428/2023 HOLDINGS LLC, 06/28/2024, Plaintiff, 11/27/2024, 11/08/2024, -v- 12/09/2024, MOTION DATE 01/15/2025 STILUS LLC,CLAUDIA SCHWARZ, 024 028 029 Defendant. MOTION SEQ. NO. 030 032

DECISION + ORDER ON MOTION -----------------------------------------------------------------------------------X

HON. ANDREW BORROK:

The following e-filed documents, listed by NYSCEF document number (Motion 024) 410, 411, 412, 520, 521, 579 were read on this motion to/for SEAL .

The following e-filed documents, listed by NYSCEF document number (Motion 028) 496, 497, 498, 499, 519, 530 were read on this motion to/for SEAL .

The following e-filed documents, listed by NYSCEF document number (Motion 029) 457, 458, 459, 460, 461, 462, 463, 464, 465, 466, 467, 468, 469, 470, 471, 472, 473, 474, 475, 476, 477, 478, 479, 480, 481, 482, 483, 484, 485, 486, 487, 488, 489, 490, 532, 533, 534, 535, 536, 537, 538, 539, 540, 541, 542, 543, 544, 545, 546, 547, 548, 549, 550, 580 were read on this motion to/for JUDGMENT - SUMMARY .

The following e-filed documents, listed by NYSCEF document number (Motion 030) 514, 515, 516, 517, 518, 578 were read on this motion to/for SEAL .

The following e-filed documents, listed by NYSCEF document number (Motion 032) 563, 564, 565, 566, 567, 568, 569, 570, 571, 572, 574, 576, 577, 585, 586, 587 were read on this motion to/for DISCOVERY .

652428/2023 DORILTON CAPITAL MANAGEMENT LLC ET AL vs. STILUS LLC ET AL Page 1 of 13 Motion No. 024 028 029 030 032

1 of 13 [* 1] FILED: NEW YORK COUNTY CLERK 02/21/2025 04:47 PM INDEX NO. 652428/2023 NYSCEF DOC. NO. 593 RECEIVED NYSCEF: 02/21/2025

The plaintiffs in this case have taken the position that Peter de Putron is merely “an outside

investor” and that, as such, he is not subject to the jurisdiction of this Court and that the interest

in maintaining confidentiality as to his identity far outweighs the public interest in disclosure (22

NYCRR 216[a]). They have also indicated that he is not subject to the jurisdiction of this Court.

On the developed record, none of this appears to be the case.

Mr. de Putron is the owner of one of the plaintiffs, Williams IP Holdings LLC (WIPH) which

has availed itself of the New York forum in bringing this lawsuit.1 As discussed below, the

record establishes that he is not merely just a passive outside investor. He is much more than

that. Indeed, according to certain of WIPH’s employees, Mr. de Putron (or “Our Dear Leader”

aka “ODL” as he is internally referred to) makes “all significant decisions” (including the

decisions that are at the heart of the issues in this case) for Dorilton Capital Management LLC

(Dorilton) the other named plaintiff – and WGPE (hereinafter defined), a company owned by the

plaintiff group. In fact, according to the former Chief Executive Officer (CEO) of WGPE, Jost

Capito, Mr. de Putron approved the budget for expenses -- $6.9 million of which are among the

reasons that the plaintiffs came to Court in the first instance:2

1 Pursuant to Section 24.7 of the WIPH Agreement (hereinafter defined), the parties agreed that the WIPH was governed by New York law and that each party submitted to the exclusive jurisdiction of the Courts of New York, New York. Pursuant to Section 20 of the Dorilton Agreement (hereinafter defined), the parties agreed that the Dorilton Agreement was also governed by New York law. 2 The Complaint does not allocate the $6.9 million claimed as damages between invoices submitted in connection with the Dorilton Agreement and the WIPH Agreement or as to the other claims in the case. The agreements do not have identical provisions with respect to the negotiated rights for the claw-back of money. In addition, it simply is not clear from the WIPH Agreement if Quote 1299, which sets forth compensation, required the performance of the number of hours set forth on the exhibit or if it was merely an estimate for the purpose of agreement as to a flat fee which was billed in monthly installments and that costs in excess of that required additional proposal and agreement. This understanding appears consistent with the manner in which the Dorilton Agreement works. The WIPH Agreement contemplates audit and claw back of expenses. The audit is set forth in Section 12.1. It provides for WIPH’s right to inspect and audit Stilus’ records relating to the calculation of expenditures that are reimbursable by WIPH under the WIPH Agreement:

652428/2023 DORILTON CAPITAL MANAGEMENT LLC ET AL vs. STILUS LLC ET AL Page 2 of 13 Motion No. 024 028 029 030 032

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12.1 The Consultancy shall maintain Records in respect of all expenditure that is reimbursable by the Client under this Agreement for the duration of this Agreement and for a period of five (5) years thereafter. The Client or its duly authorized representative shall have the right at any reasonable time during business hours at its own expense to inspect and audit the Records as well as any other relevant data relating to the calculation of the expenditure that is reimbursable by the Client under this Agreement. In the event such inspection reveals an overpayment the Consultancy shall immediately account to the Client for any such overpayment. In the event such inspection reveals an overpayment of five per cent (5%) ore more the Consultancy shall also reimburse the Client for the costs of such inspection. (NYSCEF 535 § 12.1). Expenses are defined in Section 6.3 of the WIPH Agreement and are third party costs: 6.3 Expenses: Other expenses including couriers, media monitoring, specialist subscriptions, travel, accommodation and subsistence (in accordance with the Client's travel policy, if any) (“Expenses”) incurred specifically in the performance of the Services, other than House/Office Costs and Programme Costs (as defined in this Agreement) shall be charged to the Client at cost. (Id. § 6.3). Compensation on the other hand is set forth in Section 5 of the WIPH Agreement: 5 FEES 5.1 The Consultancy’s Fees for the Services shall be set out in the Proposal. 5.2 If it is agreed that the Consultancy shall provide services that are outside the scope of the Services, or that the scope of an agreed Campaign shall be extended, the Consultancy reserves the right to charge a further fee for any such additional work. Any such additional fee shall be subject to the Client's prior written approval, such Approval not to be unreasonably withheld, conditioned or delayed. (Id. § 5).

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Bluebook (online)
2025 NY Slip Op 30605(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/dorilton-capital-mgt-llc-v-stilus-llc-nysupctnewyork-2025.