iOptimize Realty Inc. v. Cox Enterprises, Inc.

CourtDistrict Court, E.D. New York
DecidedSeptember 22, 2025
Docket2:21-cv-04179
StatusUnknown

This text of iOptimize Realty Inc. v. Cox Enterprises, Inc. (iOptimize Realty Inc. v. Cox Enterprises, Inc.) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
iOptimize Realty Inc. v. Cox Enterprises, Inc., (E.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK ----------------------------------------------------------x iOPTIMIZE REALTY INC. f/k/a DYSAL, INC.,

Plaintiff, MEMORANDUM & ORDER -against- 21-cv-4179 (NRM) (ST) COX ENTERPRISES, INC., COX AUTOMOTIVE, INC., MANHEIM INVESTMENTS, INC., and DEALERTRACK INC.,

Defendants. -----------------------------------------------------------x NINA R. MORRISON, United States District Judge: Plaintiff iOptimize Realty Inc. (“iOptimize”) brings this action for breach of contract and unjust enrichment against Cox Enterprises, Inc. (“CEI”), Cox Automotive, Inc. (“CAI”), Manheim Investments, Inc. (“Manheim”), and Dealertrack Inc. (“DT”) arising from an exclusive brokerage agreement between Plaintiff and non- party Dealertrack Technologies, Inc. (“DTI”). The Court has jurisdiction under 28 U.S.C. §§ 1332(a)(1) and (c).1 Defendants have moved for summary judgment, asserting, inter alia, that the resolution of an earlier litigation between Plaintiff and DTI bars Plaintiff’s present breach of contract claim under the doctrine of res judicata and that Plaintiff’s unjust

1 iOptimize is a citizen of New York for purposes of diversity jurisdiction. ECF No. 89 (Sep. 10, 2025). CEI, CAI, and DT are citizens of Delaware and Georgia; Manheim is a citizen of Nevada and Georgia. ECF No. 90 (Sep. 10, 2025). Complete diversity therefore exists between the adverse parties. See 28 U.S.C. §§ 1332(a)(1) and (c). enrichment claim fails as a matter of law. For the reasons stated below, the Court agrees. Defendants’ motion for summary judgment is granted. FACTUAL BACKGROUND

The following facts are not in dispute. iOptimize is a licensed commercial real estate brokerage and consulting firm that works throughout the United States. Decl. of Donald Catalano dated Sep. 13, 2024 ¶2, ECF No. 82-2. CEI is a privately owned holding company whose major operating subsidiaries include, among others, CAI. Decl. of Deborah M. Lucy dated Oct. 13, 2023 ¶2, at 38, ECF No. 81-4.2 CAI, a wholly owned subsidiary of CEI, owns brands providing a variety of automotive

services, including operations, inventory, marketing, and sales. Id. ¶5, at 38. In turn, Manheim is a wholly owned subsidiary of CAI and a holding company that owns assets related to vehicle auctions and remarketing. Id. ¶7, at 39. Non-party DTI was a firm focusing on web-based software solutions and services in the automative retail industry. ECF No. 81-5 at 266–69. In 2009, iOptimize and DTI (then known as Dealertrack Holdings, Inc.) entered into an exclusive brokerage agreement (“the 2009 Agreement”). ECF No. 82-5. The 2009

Agreement was subsequently amended by the parties three times. ECF No. 82-6; ECF No. 82-7; ECF No. 82-8. The second amendment, executed on April 22, 2013, extended the 2009 Agreement three years through April 22, 2016. ECF No. 82-7 at 3. The 2009 Agreement also contained a “tail” provision that extended certain terms for 12 months after the expiration of the Agreement itself. ECF 82-5 ¶8.

2 Unless otherwise noted, all page references are to the ECF pagination. In June 2015, CAI and DTI entered into a definitive merger agreement, with CAI agreeing to purchase all outstanding stock of DTI for $4 billion. ECF No. 81-5 at 174–264. CAI publicly announced this acquisition on June 15, 2015. ECF No.

81-5 at 266–69. This stock purchase was completed on October 1, 2015. ECF No. 81-5 at 271–73.3 Meanwhile, on August 25, 2015, iOptimize initiated litigation (“the 2015 Litigation”) against DTI in New York Supreme Court, Suffolk County, Index No. 7646/15. ECF No. 82-16 at 6. While the 2015 Litigation was ongoing, DTI terminated the 2009 Agreement by letter dated March 9, 2016. ECF No. 81-5 at 87–

88. By its own terms, the 2009 Agreement then expired on April 22, 2016. Following the expiration of the 2009 Agreement, on May 11, 2016, CAI initiated a second litigation (“the 2016 Litigation”) against DTI in New York Supreme Court, Suffolk County, Index No. 607403/16. ECF No. 81-5 at 90–108 (2016 verified complaint); ECF No. 82-17 at 6. On October 31, 2016, CAI merged DTI into Manheim and assigned to Manheim certain enumerated liabilities of DTI. ECF 81-5 at 289–91. DTI’s remaining

liabilities were assigned to DT. Id. By November 2016, DTI no longer existed.4

3 The parties vigorously dispute the nature of CAI’s acquisition of DTI. Plaintiff asserts that it was a merger between CAI and DTI. Pl. Mem. of Law in Opp’n to Mot. for Summ. J. (“Pl. Mem.”) 13–14, ECF No. 83 (Oct. 15, 2024). Defendants assert that it was a stock purchase wherein CAI did not merge with DTI. Def. Mem. of Law in Supp. of Mot. for Summ. J. (“Def. Mem.”) 25–26, ECF No. 81-1 (Oct. 15, 2024). The parties do not dispute, however, the fact that CAI acquired DTI’s outstanding stock nor the dates on which it did so.

4 Again, the parties dispute whether DTI ceased to exist on October 31, 2016, Id. On April 22, 2017, the “tail” period of the 2009 Agreement between iOptimize and DTI ended, terminating the final terms of the contract between these two parties. But while the 2009 Agreement had ended, iOptimize’s litigation to recover

commissions it claimed to have earned under the contract continued. On November 16, 2017, DTI made a N.Y. C.P.L.R. § 3219 tender of judgment to resolve the 2015 Litigation. ECF No. 82-16. This tender of judgment included payment, by a CAI corporate check, of $6.3 million to the Suffolk County Supreme Court. Id. at 9. iOptimize accepted this tender of judgment. Pl. Mem. at 14–15. Also on November 16, 2017, DTI made a N.Y. C.P.L.R. § 3219 tender of judgment to resolve the 2016

Litigation. ECF No. 82-17. This tender of judgment included payment, by a CAI corporate check, of $3.7 million to the Suffolk County Supreme Court. Id. at 12. iOptimize rejected this tender of judgment. Pl. Mem. at 15. Following discovery and motion practice, on September 17, 2020, the Suffolk County Supreme Court granted DTI’s motion for summary judgment, which sought “dismissal of [iOptimize’s] claims for contractual and quasi-contractual relief regarding extension, modification or amendment of [the 2009 Agreement] to

jurisdictions outside of and beyond New York.” ECF No. 81-5 at 166. On February 5, 2021, however, the court granted iOptimize’s motion for reargument, agreed with iOptimize that summary judgment had been entered prematurely, and permitted iOptimize to engage in further discovery. Id. at 165–168. The court reasoned:

following its merger with Manheim (as Defendants assert), or earlier, following its acquisition by CAI (as Plaintiff asserts). Both parties agree, however, that DTI no longer existed after October 31, 2016. Plaintiff is correct that a dispositive motion for summary judgment on all claims in this case was premature with discovery on the remaining balance of contractual and quasi-contractual claims for Cox entity properties outside of New York incomplete. Plaintiff has persuasively made the case that it has [not] yet been able to depose representatives from Cox or its realtor CBRE and thus the Court ruled on an incomplete motion record. . . . Since the Court agreed with this contention, [iOptimize’s] motion for [reargument] is granted.

Id. at 168 (citation modified). Following this decision, on March 24, 2021, DTI made a second N.Y. C.P.L.R. § 3219

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Allen v. McCurry
449 U.S. 90 (Supreme Court, 1980)
Federated Department Stores, Inc. v. Moitie
452 U.S. 394 (Supreme Court, 1981)
Kremer v. Chemical Construction Corp.
456 U.S. 461 (Supreme Court, 1982)
Anderson v. Liberty Lobby, Inc.
477 U.S. 242 (Supreme Court, 1986)
Mishal Bin Saud v. The Bank of New York
929 F.2d 916 (Second Circuit, 1991)
Maharaj v. Bankamerica Corp.
128 F.3d 94 (Second Circuit, 1997)
Hecht v. United Collection Bureau, Inc.
691 F.3d 218 (Second Circuit, 2012)
Akhenaten v. NAJEE, LLC
544 F. Supp. 2d 320 (S.D. New York, 2008)
Goldman v. Metropolitan Life Insurance
841 N.E.2d 742 (New York Court of Appeals, 2005)

Cite This Page — Counsel Stack

Bluebook (online)
iOptimize Realty Inc. v. Cox Enterprises, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/ioptimize-realty-inc-v-cox-enterprises-inc-nyed-2025.