Harbor Grand Holding Company LLC v. Adivo Construction Corp

CourtDistrict Court, E.D. Arkansas
DecidedMarch 25, 2025
Docket4:23-cv-00768
StatusUnknown

This text of Harbor Grand Holding Company LLC v. Adivo Construction Corp (Harbor Grand Holding Company LLC v. Adivo Construction Corp) is published on Counsel Stack Legal Research, covering District Court, E.D. Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Harbor Grand Holding Company LLC v. Adivo Construction Corp, (E.D. Ark. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS CENTRAL DIVISION

HARBOR GRAND HOLDING PLAINTIFFS COMPANY, LLC and TIMBERS HOLDING COMPANY, LLC

v. Case No. 4:23-cv-00768-LPR

ADIVO CONSTRUCTION CORP. and ZVI LEVIN DEFENDANTS ORDER This case arises from a construction deal gone bad. Plaintiffs bring an assortment of claims. First, Plaintiffs sue Defendant Adivo Construction Corp. for an alleged breach of contract.1 Second, Plaintiffs seek to pierce the corporate veil and sue Adivo Construction’s owner and CEO (Defendant Zvi Levin) for the same alleged breach.2 Third, Plaintiffs bring fraudulent transfer claims against both Adivo Construction and Mr. Levin.3 Fourth, and finally, Plaintiffs assert an unjust enrichment claim against Mr. Levin.4 Before the Court is Mr. Levin’s Motion to Dismiss.5 The Motion asserts that (1) this Court does not have personal jurisdiction over him,6 and (2) Plaintiffs have failed to state a viable claim against him.7 For the reasons stated below, the Court GRANTS IN PART and STAYS IN PART Mr. Levin’s Motion to Dismiss.

1 Compl. (Doc. 1) ¶¶ 42–75. 2 Id. ¶¶ 76–84; Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 4. 3 Compl. (Doc. 1) ¶¶ 85–92. 4 Id. ¶¶ 93–98. 5 Mot. to Dismiss (Doc. 20). 6 Id. ¶ 5. 7 Id. ¶ 2. I. BACKGROUND FACTS Plaintiff Harbor Grand Holding Company, LLC is a Delaware limited liability company.8 Plaintiff Timbers Holding Company, LLC is also a Delaware limited liability company.9 Defendant Adivo Construction is a Florida corporation with its principal place of business in Florida.10 And Defendant Mr. Levin is a resident of the State of Florida.11

Plaintiffs own two apartment complexes in Little Rock, Arkansas—the Chenal Lakes Apartments and the Brightwaters Apartments.12 On February 4, 2022, Plaintiffs and Adivo Construction entered into a Construction Contract.13 The Contract required Adivo Construction to perform certain renovation and construction work at the two apartment complexes.14 In return, Plaintiffs were obligated to pay Adivo Construction a series of progress payments potentially totaling (at maximum) $9,775,555.00.15 Before Adivo Construction was to begin renovations, Plaintiffs were required to pay Adivo Construction a “Mobilization Deposit.”16 The Mobilization Deposit was calculated as 15% of the potential maximum price ($1,466,333.25).17 Then, for each progress payment, Plaintiffs would

pay 85% of the amount due and Adivo Construction would credit the remaining 15% of the amount

8 Compl. (Doc. 1) ¶ 1; Answer (Doc. 4) ¶ 1 (admitted). 9 Compl. (Doc. 1) ¶ 2; Answer (Doc. 4) ¶ 2 (admitted). 10 Compl. (Doc. 1) ¶ 3; Answer (Doc. 4) ¶ 3 (admitted). 11 Compl. (Doc. 1) ¶ 4; Answer (Doc. 4) ¶ 4 (admitted). 12 Compl. (Doc. 1) ¶ 12; Answer (Doc. 4) ¶ 12 (admitted). 13 Compl. (Doc. 1) ¶ 14; Answer (Doc. 4) ¶ 14 (admitted). 14 Compl. (Doc. 1) ¶ 14; Answer (Doc. 4) ¶ 14 (admitted). 15 Compl. (Doc. 1) ¶¶ 16–17; Answer (Doc. 4) ¶¶ 16–17 (both paragraphs admitted). “The Contract was structured such that the basis of payment was the Cost of the Work Plus a Fee with a Guaranteed Maximum Price.” Compl. (Doc. 1) ¶ 16. 16 Compl. (Doc. 1) ¶ 18; Answer (Doc. 4) ¶ 18 (admitted). 17 Compl. (Doc. 1) ¶¶ 18–19; Answer (Doc. 4) ¶¶ 18–19 (both paragraphs admitted). due by applying the Mobilization Deposit.18 If the Contract were to be terminated for any reason, the Contract required Adivo Construction to immediately return to Plaintiffs any of the Mobilization Deposit that had not been applied to the progress payments.19 The Contract in question was signed on Adivo Construction’s behalf by Jeffrey Verchow, Adivo Construction’s President.20

Before Adivo Construction commenced work on the renovations, Plaintiffs paid the $1,466,333.25 Mobilization Deposit.21 Adivo Construction then began renovations at the two apartment complexes.22 As the work progressed, Plaintiffs paid the scheduled progress payments, and Adivo Construction applied the 15% credit from the Mobilization Deposit to each progress payment.23 Unfortunately, the construction projects were not completed. In early July of 2023, Mr. Levin contacted Plaintiffs and notified them that Adivo Construction was insolvent and that Adivo Construction did not intend to complete the renovations at the two apartment complexes.24 On July 10, 2023, Plaintiffs sent Adivo Construction a letter asking it to provide, within seven

18 Compl. (Doc. 1) ¶¶ 20–21; Answer (Doc. 4) ¶¶ 20–21 (both paragraphs admitted). 19 Compl. (Doc. 1) ¶ 22; Answer (Doc. 4) ¶ 22 (admitted). 20 Compl. (Doc. 1) at 36; Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 7. An accompanying contract between Plaintiffs and Adivo Construction that set forth certain general conditions for the Construction Contract was also signed by Jeffrey Verchow on Adivo Construction’s behalf. Compl. (Doc. 1) at 103. 21 Compl. (Doc. 1) ¶ 19; Answer (Doc. 4) ¶ 19 (admitted). 22 Compl. (Doc. 1) ¶ 23; Answer (Doc. 4) ¶ 23 (admitted). 23 Compl. (Doc. 1) ¶¶ 24–25; Answer (Doc. 4) ¶¶ 24–25 (both paragraphs admitted). 24 Compl. (Doc. 1) ¶ 26; Answer (Doc. 4) ¶ 26 (admitted); Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 5. days, assurances that Adivo Construction would fulfill its obligations under the Contract.25 Adivo Construction failed to provide such assurances.26 As a result, the Contract was terminated.27 At the time of the termination, almost $1,000,000 of the Mobilization Deposit remained unapplied to a progress payment.28 So, pursuant to the Contract, Adivo Construction was obligated to return the unapplied portion of the Mobilization Deposit to Plaintiffs.29 Mr. Verchow

(Adivo Construction’s President) spoke with Plaintiffs and told them that Adivo Construction did not have the remainder of the Mobilization Deposit.30 Mr. Verchow said that Mr. Levin (Adivo Construction’s owner and CEO) may have transferred the money out of Adivo Construction’s account.31 The Mobilization Deposit was never returned to Plaintiffs.32 Plaintiffs allege that: (1) Mr. Levin transferred the remainder of the Mobilization Deposit to his own personal account or to another account for his own personal benefit;33 and (2) Mr. Levin “knew that by siphoning the money from Adivo [Construction], Adivo [Construction] would be unable to return the unapplied Mobilization Deposit” to Plaintiffs.34 Thus, Plaintiffs allege, “[Mr.] Levin’s actions left Adivo [Construction] undercapitalized.”35

25 Compl. (Doc. 1) ¶ 27; Answer (Doc. 4) ¶ 27 (admitted); Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 6. 26 Compl. (Doc. 1) ¶ 28; Answer (Doc. 4) ¶ 28 (denied); Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 6. 27 Compl. (Doc. 1) ¶ 28; Answer (Doc. 4) ¶ 28 (denied). 28 Compl. (Doc. 1) ¶ 31; Answer (Doc. 4) ¶ 31 (denied). 29 Compl. (Doc. 1) ¶ 22; Answer (Doc. 4) ¶ 22 (admitted). 30 Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 8; Compl. (Doc. 1) ¶ 37; Answer (Doc. 4) ¶ 37 (denied). 31 Ex. 1 (Williams Decl.) to Pls.’ Resp. to Mot. to Dismiss (Doc. 25-1) ¶ 9; Compl. (Doc. 1) ¶ 37; Answer (Doc. 4) ¶ 37 (denied). 32 Compl. (Doc. 1) ¶ 32; Answer (Doc. 4) ¶ 32 (denied). 33 Compl. (Doc. 1) ¶ 38; Answer (Doc. 4) ¶ 38 (denied). 34 Compl. (Doc. 1) ¶ 39; Answer (Doc. 4) ¶ 39 (denied). 35 Compl. (Doc. 1) ¶ 40; Answer (Doc. 4) ¶ 40 (denied). Plaintiffs also allege that Mr. Levin transferred other funds (i.e., not just the Mobilization Deposit) from Adivo Construction to himself or to others for his personal (i.e., not II. LEGAL ANALYSIS A. Personal Jurisdiction Over Zvi Levin “To survive a motion to dismiss for lack of personal jurisdiction, a plaintiff must make a prima facie showing that personal jurisdiction exists . . . .”36 At a minimum, the complaint must adequately allege that the Court has personal jurisdiction over the defendant in question.

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Harbor Grand Holding Company LLC v. Adivo Construction Corp, Counsel Stack Legal Research, https://law.counselstack.com/opinion/harbor-grand-holding-company-llc-v-adivo-construction-corp-ared-2025.