Emrich Enters., LLC v. Hornwood, Inc.

2020 NCBC 29
CourtNorth Carolina Business Court
DecidedApril 8, 2020
Docket19-CVS-5659
StatusPublished

This text of 2020 NCBC 29 (Emrich Enters., LLC v. Hornwood, Inc.) 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
Emrich Enters., LLC v. Hornwood, Inc., 2020 NCBC 29 (N.C. Super. Ct. 2020).

Opinion

Emrich Enters., LLC v. Hornwood, Inc., 2020 NCBC 29.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION WAKE COUNTY 19 CVS 5659

EMRICH ENTERPRISES, LLC, individually and derivatively on behalf of TRIANGLE AUTOMOTIVE COMPONENTS, LLC,

Plaintiff,

v.

HORNWOOD, INC., ORDER AND OPINION ON DEFENDANTS’ PARTIAL Defendant, MOTION TO DISMISS v.

TRIANGLE AUTOMOTIVE COMPONENTS, LLC,

Defendant and Nominal Defendant.

1. THIS MATTER is before the Court on Defendants’ Partial Motion to

Dismiss (the “Motion”) filed on August 21, 2019. (ECF No. 63.)

2. For the reasons set forth herein, the Court DENIES the Motion.

Ellis & Winters LLP by Jonathan D. Sasser, Stephen D. Feldman, 1 and Michelle A. Liguori, for Plaintiff.

Moore & Van Allen, PLLC by Mark A. Nebrig and Kaitlin M. Price for Defendants.

Robinson, Judge.

1 At the time of briefing and oral arguments on the Motion, Mr. Stephen D. Feldman (“Mr.

Feldman”) represented Plaintiff Emrich Enterprises, LLC as legal counsel. After oral arguments on February 27, 2020, Mr. Feldman requested that the Court permit him withdraw as counsel. (ECF No. 80.) The Court granted Mr. Feldman’s request on March 3, 2020, and Mr. Feldman is effectively no longer counsel of record in the above-captioned litigation. (ECF No. 82.) Mr. Jonathan D. Sasser and Ms. Michelle A. Liguori remain counsel of record for Plaintiff Emrich Enterprises, LLC. I. INTRODUCTION

3. This action arises out of a dispute between Plaintiff Emrich Enterprises,

LLC (“Emrich Enterprises”) and Defendant Hornwood, Inc. (“Hornwood”) as member-

managers of a North Carolina limited liability company, Triangle Automotive

Components, LLC (“Triangle,” and with Hornwood collectively referred to herein as

“Defendants”). Emrich Enterprises contends that Hornwood attempted to

unilaterally withdraw from Triangle contrary to the terms of Triangle’s operating

agreement. Emrich Enterprises also contends that after being enjoined from

withdrawing from Triangle by this Court, Hornwood has subsequently mismanaged

Triangle in order to benefit itself.

II. FACTUAL BACKGROUND

4. The Court does not make findings of fact for the purposes of a motion to

dismiss, but only recites or summarizes those factual allegations contained in the

operative pleading, which are accepted as true, that are relevant and necessary to the

Court’s determination of the Motion. 2

A. The Parties

5. Emrich Enterprises is a North Carolina limited liability company with its

principal office in Raleigh. (First Am. Verified Compl. ¶ 14, ECF No. 56 [“Am.

Compl.”].)

2 “Absent a request by one of the parties, the trial court is not required to make findings of

fact when ruling a motion” to dismiss. Cameron-Brown Co. v. Daves, 83 N.C. App. 281, 285, 350 S.E.2d 111, 114 (1986). The appellate courts will presume that the trial court found sufficient facts to support its ruling. Id. 6. Hornwood is a North Carolina corporation with its principal office in

Lilesville. (Am. Compl. ¶ 15.) Chuck Horne is Hornwood’s Chief Executive Officer

(“Horne”). (Am. Compl. ¶ 43.)

7. Triangle is a North Carolina limited liability company with its principal

office in Lilesville. (Am. Compl. ¶ 15.) Triangle is in the business of manufacturing

and selling automotive textile products for passenger and commercial vehicles. (Am.

Compl. ¶ 1.)

8. Emrich Enterprises is the minority member of Triangle, with a membership

interest of approximately forty-seven percent (47%). (Am. Compl. ¶ 14.) Hornwood

is the majority and controlling member of Triangle, with a membership interest of

about fifty-three percent (53%). (Am. Compl. ¶ 16.) Hornwood controls Triangle’s

finances. (Am. Compl. ¶¶ 47, 127.)

B. Triangle’s Operations

9. On February 28, 2006, Emrich, Hornwood, and Bondtex, Inc. (“Bondtex”),

who is not a party to this litigation, entered into an operating agreement (the

“Operating Agreement”) to govern Triangle’s operations. (Am. Compl. ¶ 33; see also

Am. Compl. Ex. 1, ECF No. 56.1 [the “Operating Agreement”].) Emrich Enterprises,

Hornwood, and Bondtex also entered into a joint venture agreement dated April 28,

2006 (the “Joint Venture Agreement”). (Am. Compl. ¶ 38; see also Am. Compl. Ex. 2,

ECF No. 56.2 [the “Joint Venture Agreement”].) At some point after signing the

Operating Agreement and the Joint Venture Agreement, Bondtex withdrew from

Triangle. (See Am. Compl. ¶ 29.) 10. When Triangle was founded in 2006, Hornwood and Emrich Enterprises

agreed to a certain division of labor. (Am. Compl. ¶ 29.) Aside from the division of

Bondtex’s responsibilities after it withdrew from Triangle, Emrich Enterprises and

Hornwood’s responsibilities have remained the same since 2006. (Am. Compl. ¶ 29.)

11. Hornwood manufactures the fabric that Triangle sells and performs certain

non-manufacturing services. (Am. Compl. ¶ 28.) Hornwood also owns the facilities

at which Triangle’s products are manufactured. (Am. Compl. ¶ 30.) Emrich

Enterprises performs functions related to Triangle’s business development, including

sales and marketing services. (Am. Compl. ¶¶ 28, 118.) Emrich Enterprises does not

have manufacturing facilities or the ability to perform Hornwood’s manufacturing

and non-manufacturing responsibilities. (Am. Compl. ¶ 31.)

12. Triangle is a supplier for automobile companies, including Daimler, GM,

and Fiat Chrysler. (Am. Compl. ¶ 23.) In the automotive industry, suppliers are

awarded “programs” to supply component parts for automobiles. (Am. Compl. ¶ 25.)

Under the programs, the manufacturers usually give Triangle their projected needs

on a six-month basis, and Triangle then meets those supply needs during that period

of time. (Am. Compl. ¶ 26.)

13. The approval process for being awarded these programs usually takes six

to nine months and requires approval by the automobile manufacturers’ engineers.

(Am. Compl. ¶ 25.) Any change Triangle makes in its manufacturing process also

requires approval by the automobile manufacturer’s engineers. (Am. Compl. ¶ 25.) C. Triangle’s Lawsuit and its Settlement Proceeds

14. In 2015, Triangle sued one of its former sales agents, who had acquired

Bondtex, for breach of contract and related claims (the “Lawsuit”). (Am. Compl. ¶

42.) In September 2018, the Lawsuit was settled favorably for Triangle. (Am. Compl.

¶ 44.)

15. Emrich Enterprises and Hornwood, comprising 100% of the membership

interests of Triangle, agreed that Triangle would distribute the Lawsuit’s settlement

proceeds with approximately fifty-two percent (52%) being distributed to Hornwood

and approximately forty-eight percent (48%) being distributed to Emrich Enterprises.

(Am. Compl. ¶¶ 14, 16, 45.)

16. In October 2018, Triangle distributed approximately seventy-eight percent

(78%) of Emrich Enterprises’ share of the settlement proceeds to Emrich Enterprises.

(Am. Compl. ¶ 46.) Emrich Enterprises, Hornwood, and Triangle agreed that

Triangle would retain the remainder of Emrich Enterprises’ share of the settlement

proceeds until the end of 2018 to ensure that Triangle could pay its liabilities for that

year. (Am. Compl. ¶ 46.)

17. Emrich Enterprises has made multiple requests for the remainder of its

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