IQL Riggig, LLC v. Kingsbridge Technologies

CourtDistrict Court, N.D. Illinois
DecidedFebruary 2, 2021
Docket1:19-cv-06155
StatusUnknown

This text of IQL Riggig, LLC v. Kingsbridge Technologies (IQL Riggig, LLC v. Kingsbridge Technologies) is published on Counsel Stack Legal Research, covering District Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
IQL Riggig, LLC v. Kingsbridge Technologies, (N.D. Ill. 2021).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

Got Docs, LLC, and IQL-RIGGIG, LLC, ) f/k/a Riveria MCS, LLC, ) Plaintiffs, ) ) No. 19 C 6155 v. ) ) Judge Ronald A. Guzmán Kingsbridge Holdings, Inc., Frank Mendicina, ) and AMF6 Solutions, LLC, ) Defendants. )

MEMORANDUM OPINION AND ORDER

For the reasons stated below, Kingsbridge Holdings, Inc.’s motion for summary judgment [103] is denied, and Plaintiffs/Counter Defendants’ cross-motion for summary judgment [146] is granted.

STATEMENT

Background

Plaintiffs1 allege that Kingsbridge Holdings, Inc. (Kingsbridge”) stole Got Docs’s2 entire managed-document services business, including but not limited to its trade secrets, executives, employees, and intellectual property, which are purportedly worth tens of millions of dollars. Plaintiffs also seek to stop the purported ongoing unlawful use of Got Docs’s confidential information and trade secrets by Frank Mendicina, a former Got Docs executive, and Kingsbridge, Mendicina’s current employer. The SAC also names Mendicina’s limited liability company, AMF6 Solutions, LLC (“AMF6”), as a defendant. Kingsbridge obtained leave to file a counterclaim against Riveria, which is the former name of IQL-RIGGIG, and an

1 The initial complaint was filed by IQL-RIGGIG, LLC, d/b/a IQ Logic (“IQL-RIGGIG”). On December 5, 2019, IQL-RIGGIG filed the first amended complaint, naming the following plaintiffs: Got Docs, LLC, d/b/a IQ Logic, and IQL-RIGGIG. The amended complaint dropped Kingsbridge Technologies as a defendant. The second amended complaint (“SAC”) is brought on behalf of Got Docs, LLC and IQL-RIGGIG, formerly known as Riveria MCS, LLC (“Riveria”), while the sole defendant is Kingsbridge.

2 Plaintiffs allege that Kingsbridge stole IQ Logic’s business; however, because IQ Logic is the “doing business as” name of Got Docs, and Got Docs is the first named plaintiff in the SAC, the Court uses the name Got Docs rather than IQ Logic. additional counterclaim against Edward Gibson and Tarang Gupta for the unauthorized filing of this lawsuit on behalf of Got Docs. Kingsbridge moves for summary judgment on its counterclaim that Riveria had no authority to initiate the instant lawsuit by Got Docs because Riveria had forfeited its ownership interest in Got Docs prior to the suit being filed. Kingsbridge asserts that it is implicit in Riveria having forfeited its ownership interest (assuming arguendo that it did so) that Gibson and Gupta are no longer managers of Got Docs and thus cannot have authorized suit on its behalf. Plaintiffs cross move for summary judgment on the unauthorized-filing counterclaim, contending that Riveria did not dispose of its ownership interest in Got Docs, but even assuming it did, Gibson and Gupta remained managers of Got Docs, and thus had authority to authorize suit.

Standard

Summary judgment is proper where there is “no dispute as to any material fact and the movant is entitled to judgment as a matter of law.” Fed. R. Civ. P. 56(a). A genuine dispute as to any material fact exists if “the evidence is such that a reasonable jury could return a verdict for the nonmoving party.” Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248 (1986).

Relevant Authority

Under Nevada law3, “[e]xcept as otherwise provided in this section or in the articles of organization or operating agreement, management of a limited-liability company is vested in its members in proportion to their contribution to its capital.” Nev. Rev. Stat. § 86.291.1 (emphasis added). “If provision is made in the articles of organization, management of the [limited liability] company may be vested in a manager or managers, who may but need not be members.” Id. § 86.291.3. As of November 18, 2015, Riveria and AMF6 entered into an amended and restated operating agreement (the “Operating Agreement”) for Got Docs. The parties agree that the Operating Agreement governs the affairs of Got Docs, and sets forth the rights, duties, and responsibilities of its members and managers. Section 6.1 of the Operating Agreement provides as follows: The business and affairs of the Company shall be managed by or under the direction of the Board of Managers (the “Board of Managers”). Decisions of the Board of Managers within its scope of authority shall be binding upon the Company. Except for situations in which approval of the Members or a subset thereof is expressly required by this Agreement or by the nonwaivable provisions of the Act, the Board of Managers shall have full, exclusive, and complete discretion, power, and authority, subject to any other provisions of this

3 Got Docs is a Nevada limited liability company. 2 Agreement, to manage the business and affairs of the Company, and to make all significant decisions affecting such business and affairs.

The Operating Agreement does not require the consent or approval of the members to file a lawsuit.

According to the parties, it is undisputed that as of August 10, 2017, Got Docs had three managers: Gibson, Gupta, and Mendicina. Further, according to the parties, neither Riveria nor AMF6 were managers of Got Docs.4 Section 6.4 of the Operating Agreement provides in part that “[a]ny Manager may resign at any time upon written notice to the Company at the Company’s principal office” and that a “resignation is effective when notice of such resignation is given unless the notice specifies a future date.” On August 11, 2017, Mendicina resigned in writing as chief executive officer and manager of Got Docs. Thus, after Mendicina’s resignation as a manager, Got Docs had two managers: Gupta and Gibson. Analysis In support of its assertion that Gibson and Gupta were no longer managers after Riveria forfeited its ownership interest, and thus could not initiate suit, Kingsbridge states: Gibson and Gupta’s tenure as managers was entirely dependent on Riveria’s tenure as an owner of Got Docs and ended when Riveria’s tenure as an owner of Got Docs ended. Under Nevada law, which applies because Got Docs is a Nevada LLC, “management of a limited-liability company is vested in its members,” Nev. Rev. Stat. § 86.291.1, and “[t]he members [of an LLC] can manage the LLC themselves or they can appoint a manager or group of managers to manage the company.” [Nevada Revised Statutes] § 86.335.2 provides that “a member who resigns or withdraws ceases to be a member, has no voting rights and has no right to participate in the management of the company.” It is implicit in Section 86.335.2 that individuals who are appointed managers of an LLC (e.g., Gibson and Gupta) by a particular member of the LLC (e.g., Riveria) are deemed to have resigned and cease to be managers if that member subsequently ceases to be a member (unless, of course, the remaining members of the LLC want those individuals to continue serving as managers). Otherwise, contrary to Section 86.335.2, the withdrawn member would effectively continue to participate in the

4 The Court notes that a review of the Got Docs, LLC filing history on the Nevada Secretary of State website search engine, Silverflume, lists Riveria, Gibson Investment Group, Inc., and Mendicina as managers with a status of “inactive” and a “last updated” date of February 21, 2017. See https://esos.nv.gov/EntitySearch/BusinessInformation (last visited Jan. 28, 2021). The two active managers are listed as Edward Gibson and Tarang Gupta, with a “last updated” date of March 2, 2020.

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

Related

Anderson v. Liberty Lobby, Inc.
477 U.S. 242 (Supreme Court, 1986)

Cite This Page — Counsel Stack

Bluebook (online)
IQL Riggig, LLC v. Kingsbridge Technologies, Counsel Stack Legal Research, https://law.counselstack.com/opinion/iql-riggig-llc-v-kingsbridge-technologies-ilnd-2021.