Insight Investments, LLC v. Icon Construction, Inc.

CourtDistrict Court, E.D. Texas
DecidedSeptember 26, 2022
Docket4:18-cv-00531
StatusUnknown

This text of Insight Investments, LLC v. Icon Construction, Inc. (Insight Investments, LLC v. Icon Construction, Inc.) is published on Counsel Stack Legal Research, covering District Court, E.D. Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Insight Investments, LLC v. Icon Construction, Inc., (E.D. Tex. 2022).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISION

ECHO DCL, LLC, § § Cross-Claimant, § § v. § Civil Action No. 4:18-cv-531-KPJ § INSIGHT INVESTMENTS, LLC, § § Cross-Defendant.1 § §

MEMORANDUM OPINION AND ORDER Pending before the Court is Cross-Claimant ECHO DCL, LLC’s (“Echo”) Motion for Leave to Amend Crossclaim (the “Motion to Amend”) (Dkt. 155), to which Cross-Defendant Insight Investments, LLC (“Insight”) filed a response in opposition (Dkt. 157) and Echo filed a reply (Dkt. 158). Insight thereafter filed a sur-reply to the Motion to Amend. See Dkt. 159. Also pending before the Court is Insight’s Rule 12(b)(6) Motion to Dismiss Echo’s Crossclaims against Insight (the “Motion to Dismiss”) and Insight’s Rule 11 Motion for Sanctions and Fees (the “Motion for Sanctions”). Insight filed both of these Motions in the same filing. See Dkt. 142. Echo filed a response in opposition (Dkt. 148), and Insight filed a reply (Dkt. 151). Having considered the parties’ briefing and the relevant law, the Court grants Echo’s Motion to Amend (Dkt. 155). Echo shall have fourteen (14) days to file its amended crossclaim(s). Insight’s Motion to Dismiss (Dkt. 142) and Motion for Sanctions (Dkt. 142) are both denied.

1 The caption has been modified to reflect the remaining parties and claims in this matter. I. BACKGROUND A. General Background United Excel Corporation (“United”) was a prime contractor under a design build contract with the United States Government for modernization of, and repairs to, an existing medical clinic located at Vance Air Force Base (“Vance AFB”) in Enid, Oklahoma (the “Government/United

Contract”). See Dkt. 128 at 11. In relevant part, United’s responsibilities under the prime contract included providing a transportable modular office building, also known as a temporary phasing facility (the “Modular” or “TPF”), to “house displaced clinic staff operations while the modernization and HVAC work proceeded on the existing clinic building.” Id. United subsequently entered into a subcontract with Icon Construction, Inc. (“Icon”) in September 2017 (the “United/Icon Contract”), under which Icon was to provide: (1) the Modular design and shell to the site; (2) the design and installation of necessary systems to the Modular; (3) warranty of the systems during the occupancy of the Modular; and (4) the dismantling of the Modular from the site upon completion of occupancy by the Government. Id.

In its performance under the United/Icon Contract, Icon leased the Modular from Insight in December 2017 (the “Icon/Insight Lease Agreement”). See Dkt. 1 at 2–3. Pursuant to the Icon/Insight Lease Agreement, Icon agreed to pay Insight monthly payments beginning January 1, 2018, in the amount of $19,000, for a period of twenty months. Id. at 2. At the same time, Icon and Insight executed an amendment to the lease agreement (the “Lease Agreement Amendment”), which provided that Icon would direct United to make lease payments directly to Insight. Id. at 3. In short, Icon leased the Modular from Insight and installed it at Vance AFB, with United allegedly responsible for making the monthly lease payments to Insight for a period of twenty months. On July 26, 2018, Insight commenced this lawsuit against Icon and United after Insight allegedly failed to receive lease payments for the Modular. See generally id. In its five-count Original Complaint (Dkt. 1), Insight raised claims against Icon for breach of contract and judicial foreclosure, and claims against both Icon and United for unjust enrichment, trespass to chattels, and conversion. Id. United moved to dismiss Insight’s Original Complaint for failure to state a

claim and improper venue. See Dkt. 12. Icon responded to Insight’s Original Complaint by filing an answer and asserting a counterclaim against Insight for “usury violations” under Texas or, alternatively, California law. See Dkt. 13. Insight subsequently moved to dismiss Icon’s counterclaim. See Dkt. 27. After filing this lawsuit, Insight filed an Application for Writ of Sequestration (the “Application”) (Dkt. 4), wherein Insight asked the Court to enter a prejudgment writ of sequestration to sequester the Modular during the pendency of this lawsuit, or alternatively, to order Icon to return the Modular to Texas or require Icon and United to post a bond. See Dkt. 4 at 2. The Court set a hearing on the Application for February 5, 2019. See Dkt. 23.

On January 28, 2019, the parties filed their joint Rule 26(f) Report. See Dkt. 41. Therein, the parties informed the Court of a pending state court lawsuit Icon had filed against United in the 429th Judicial District, Collin County, Texas. Id. at 3–4. In the Rule 26(f) Report, the parties advised that the state case was abated “based upon the ADR provisions in the Subcontract [between United and Icon] requiring Icon to submit all claims against United to either (a.) the government contract claims procedures in the contract or (b.) for claims not subject to the government procedures to arbitration with United pursuant to American Arbitration Association procedure.” Id. at 6. On February 1, 2019, Icon filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the Eastern District of Texas. See Dkt. 44. As a result, the Court vacated the upcoming Rule 16 Management Conference in this case as well as the hearing on the Application. See Docket Entry for February 4, 2019. The Court further ordered the parties to file a joint status report explaining their respective positions regarding the impact of Icon’s bankruptcy petition on this case, and whether this case could proceed against United while Icon’s bankruptcy petition remained unresolved. See Dkt. 45. On March 1, 2019, the parties indicated in their joint status report that the bankruptcy court was considering a motion filed by Icon seeking approval for assignment of its claims against United to Insight (the “Assignment Agreement”). See Dkt. 46; see also id. at 5 (“Icon has agreed to assign these claims to Insight because Icon lacks the resources to pursue these claims and, in the event Insight prevails on the assigned claim(s), Icon could receive a proceed of such funds without having to have expended estate resources pursuing those claims itself.’”). The Assignment Agreement provided for assignment of the following claims from Icon to Insight: 2. Assignment of Arch claims. Icon hereby assigns to Insight all of Icon’s legal and beneficial right, title, interest in and ownership of Icon’s claims against Arch Insurance Company arising under that certain Payment Bond issued by Arch Insurance Company as surety for principal United Excel Corporation dated October 11, 2016, in the penal sum of $15,954,718, OMB Control Number: 9000-0045, Expiration Date: 7/31/2019, for contract date 9/30/2016, Contract Number W91278-13-D-6002-0006, including but not limited to any claim under the Miller Act. 3. Assignment of UEC claims. Icon hereby assigns to Insight all of Icon’s legal and beneficial right, title, interest in and ownership of Icon’s claims against United Excel Corporation arising under that certain Contract for Labor and Materials Between United Excel Corporation and Icon Construction, Inc., Government Contract #W91 278-1 3-D-6002-0006, UE Project No, UE16-0026, dated April 3, 2017, and all amendments, additions or other documents changing that Contract. 4. Assignment of NASIC claims, Icon hereby assigns to Insight all of Icon’s legal and beneficial right, title, interest in and ownership of Icon’s claims, if any, against surety North American Specialty Insurance Company (“NASIC™), under Bond No. 2170807 issued by NASIC, for NASIC’s bad faith refusal, if any, to pay the claims of Insight against that bond. With respect

See Dkt. 46-2 (Assignment Agreement) at 2; Dkt. 57-2 (Bankruptcy Court Order).

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Insight Investments, LLC v. Icon Construction, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/insight-investments-llc-v-icon-construction-inc-txed-2022.