Gbenga Funmilayo v. Velandera Energy Partners LLC and Manish Raj

CourtCourt of Appeals of Texas
DecidedMarch 13, 2023
Docket05-21-01015-CV
StatusPublished

This text of Gbenga Funmilayo v. Velandera Energy Partners LLC and Manish Raj (Gbenga Funmilayo v. Velandera Energy Partners LLC and Manish Raj) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Gbenga Funmilayo v. Velandera Energy Partners LLC and Manish Raj, (Tex. Ct. App. 2023).

Opinion

AFFIRMED and Opinion Filed March 13, 2023

S In The Court of Appeals Fifth District of Texas at Dallas No. 05-21-01015-CV

GBENGA FUNMILAYO, Appellant V. VELANDERA ENERGY PARTNERS LLC AND MANISH RAJ, Appellees

On Appeal from the 401st Judicial District Court Collin County, Texas Trial Court Cause No. 401-05307-2021

MEMORANDUM OPINION Before Justices Molberg, Partida-Kipness, and Carlyle Opinion by Justice Molberg Appellant Gbenga Funmilayo appeals the trial court’s judgment confirming

an arbitration award for appellees Velandera Energy Partners LLC and Manish

Raj. Funmilayo presents five issues for our review in which he argues the trial

court erred by not vacating the arbitration award because the arbitrator exceeded

her powers by deciding issues he argues were previously determined in his favor.

We reject Funmilayo’s argument for reasons explained below, and we affirm the

trial court in this memorandum opinion. See TEX. R. APP. P. 47.4. Background

This case concerns a dispute about the ownership of and authority to operate

Velandera Energy Partners LLC.1 Velandera adopted its operating agreement on

February 1, 2018. Under the agreement, the “business and affairs of the Company

are managed by its Managers, who are appointed and removed by the Members.”

According to the agreement, Manish Raj was the sole member, and Funmilayo was

appointed initial Manager. Among other things, the operating agreement provided:

If any controversy or claim, whether based on contract, tort, statute, or other legal or equitable theory (including any claim of fraud, misrepresentation, or fraudulent inducement), arising out of or related to the corporate contract between and among the Company, its Members, Mangers, employees, or agents, the parties agree to resolve the Dispute as provided in [Article 14 of the agreement]. .... If not resolved by mediation, the parties shall resolve the Dispute by arbitration pursuant to [Article 14] and the then-current rules and supervision of the American Arbitration Association. . . . The arbitrator’s decision and award are final and binding and may be entered in any court having jurisdiction. The arbitrator does not have the power to award, and no one subject to this Article may seek, an award of, punitive, exemplary, or consequential damages, or any damages excluded by or in excess of any damage limitations expressed in this Agreement or any subsequent agreement between the parties. To prevent irreparable harm, the arbitrator may grant temporary or permanent injunctive or other equitable relief.

Issues of arbitrability are determined in accordance with the Federal substantive and procedural laws relating to arbitration. All other aspects of the Agreement are interpreted in accordance with, and the arbitrator applies and is bound to follow, the substantive laws of the State of Texas.

1 We limit our discussion of the facts of this case to those necessary to resolve the appeal.

–2– On June 15, 2018, Velandera and Funmilayo entered into an employment

agreement, which was to be valid for ten years, subject to termination by

Velandera for various reasons enumerated in the agreement. Raj made Schanti

Corporation a Velandera member on July 12, 2018.

On July 19, 2018, Velandera’s members—Raj and Schanti—resolved that

Funmilayo was removed as manager, though the “employment agreement with

[Funmilayo] remain[ed] unaffected by” his removal as manager, provided he was

“relieved of any duties of a Manager . . . .” The next day, Raj notified Funmilayo

that, “Manager and Members of Velandera Energy Partners have decided to

terminate your employment” due to “failure to perform duties in compliance with

the employment agreement.”

Velandera sued Funmilayo, alleging breach of fiduciary duty and seeking

declaratory and injunctive relief. The case was submitted to arbitration at

Funmilayo’s request. In its second amended complaint filed with the arbitrator,

Velandera alleged Raj was its sole member and held a 100 percent interest.

Velandera alleged, following a transaction in Louisiana, Funmilayo “acted

unilaterally and without authorization to issue a ‘Members’ Resolution’” stating,

among other things, that Raj’s membership interest was invalid, Raj’s and

Schanti’s membership interests were voided, and two other individuals were

elected and admitted as company members; and that Funmilayo issued an

–3– “unauthorized resolution” naming himself as manager of the “allegedly

reconstituted” company. Velandera alleged that, because Funmilayo failed to act

according to the operating agreement, Raj and Schanti voted to remove him as

manager on July 19, 2018, and served him with a letter terminating his position as

manager, and the next day served him with a letter terminating his employment

agreement. Despite this, Velandera alleged Funmilayo continued to hold himself

out as manager and member of the company. In addition to its breach of fiduciary

duty claims, Velandera added claims for business disparagement and tortious

interference with a contract. Velandera also sought declaratory relief, requesting

declarations that, among other things, Raj and Schanti were the sole members of

Velandera; Funmilayo no longer had the right to act as manager for Velandera and

was never a member of Velandera; and the employment agreement between

Velandera and Funmilayo was terminated in accordance with the terms of the

agreement and Velandera owed nothing to Funmilayo as a result of the

termination.

Funmilayo filed an amended answer and counterclaims on November 9,

2018. He alleged, among other things, that following his “purported removal” as

manager and the invalid termination of his employment contract, he informed Raj

he would continue to perform his duties for Velandera. Funmilayo alleged Raj

prevented him from acting in any capacity on behalf of the company. Among

others, Funmilayo sought a declaration that any actions taken by Raj and Schanti

–4– on behalf of Velandera as members or managers of the company were null and

void and that Funmilayo be recognized as manager and a member of Velandera

under the operating agreement. Funmilayo alleged breach of contract, arguing that

valid contractual relationships existed between himself and Velandera, and that

Velandera, Raj, and Schanti violated the terms of the employment agreement by,

among other things, “wrongfully terminating [his] employment without cause” and

failing to “pay all money owed to Funmilayo under the Employment Agreement.”

Funmilayo also alleged breach of fiduciary duty, quantum meruit, money had and

received, and promissory estoppel, and he sought injunctive relief.

Regarding his breach of contract claim, Funmilayo argued in post-hearing

briefing to the arbitrator that, under the terms of the employment agreement, “only

the Company could terminate Funmilayo’s employment”—Raj could not because

he “had no interest in [Velandera and] he lacked the required vote to . . . terminate

[Funmilayo’s] employment.” Funmilayo further argued his termination was

invalid because “Raj failed to follow the procedures prescribed in the Operating

Agreement as they relate to Members rights to receive notice of meetings.”

Funmilayo also argued that, to the extent Raj could terminate Funmilayo, any

termination breached his employment agreement because Velandera presented no

evidence that Funmilayo failed to perform under the agreement or committed any

fraud or willful misconduct.

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Gbenga Funmilayo v. Velandera Energy Partners LLC and Manish Raj, Counsel Stack Legal Research, https://law.counselstack.com/opinion/gbenga-funmilayo-v-velandera-energy-partners-llc-and-manish-raj-texapp-2023.