JPMorgan Chase Bank, N.A. v. Javice

CourtDistrict Court, D. Delaware
DecidedJuly 10, 2023
Docket1:22-cv-01621
StatusUnknown

This text of JPMorgan Chase Bank, N.A. v. Javice (JPMorgan Chase Bank, N.A. v. Javice) is published on Counsel Stack Legal Research, covering District Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
JPMorgan Chase Bank, N.A. v. Javice, (D. Del. 2023).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE

JPMORGAN CHASE BANK, N.A., Case No. 1:22-cv-01621-JDW

,

v.

CHARLIE JAVICE, et al.

MEMORANDUM When JPMorgan Chase Bank N.A. (“JPMC”) hired Charlie Javice, it entered into an arbitration agreement. Now that the relationship has soured and Ms. Javice has asserted counterlciams against JPMC, JPMC seeks to invoke that arbitration agreement. At least four of the counterclaims are subject to arbitration, but not in Delaware, so I can’t compel arbitration. The other two counterclaims might be subject to arbitration, but JPMC and Ms. Javice agreed to let an arbitrator decide that question, so I will stand aside and let an arbitrator make that decision. I. BACKROUND A. Facts Ms. Javice is the founder and original owner of TAPD, Inc., which did business under the name “Frank.” Frank operates a service that helps students apply for financial aid. In July 2021, JPMC and Ms. Javice discussed a possible acquisition of Frank. On August 1, 2021, in the course of negotiating the acquisition, JPMC offered Ms. Javice a job as Managing Director – Head of Student Solutions. The Parties signed the Employment

Agreement (“EA”) on August 4, 2021, through which JPMC hired Ms. Javice. The EA contains an arbitration agreement, pursuant to which Ms. Javice agreed to submit all “legally protected employment related claims . . . which arise out of or relate to

[her] employment or separation from employment with JPMorgan Chase . . . including, but not limited to, . . . breach of an express or implied contract,” to binding arbitration. (D.I. 25-1 at Ex. A, App. IV, ¶ 2.) The arbitration agreement also provides that arbitration should occur “in the state where [Ms. Javice is] currently or was most recently employed

by” JPMC. ( at ¶ 6.) It also provides that “[a]ny dispute as to the arbitratibility of a particular issue or claim pursuant to this Agreement is to be resolved in arbitration.” ( at ¶ 8.) A second contract, the Merger Agreement (“MA”), governs JPMC’s purchase of

Frank. The Parties signed the MA on August 8, 2021, and it became effective on September 14, 2021. Section 9.10 of the MA contains a forum selection clause through which the Parties “irrevocably submit to the exclusive jurisdiction” of Deleware courts for any

“Related Claims.” (D.I. 16 at § 9.10.) It also contains an explicit waiver of any objection to bringing a Related Claim pursuant to that clause. Section 1.1 of the MA defines Related Claims as “all claims or causes of action . . . that may be based upon, arise out of or relate to this Agreement, the Related Documents and any other document or instrument delivered pursuant to this Agreement . . . .” ( at § 1.1.) It defines Related Documents as “the Escrow Agreement and any other document, agreement, certificate or instrument

entered into in connection with this Agreement[.]” ( ) When they signed the MA, JPMC and Ms. Javice also executed a third contract, the Payment Direction Agreement (“PDA”). The PDA delayed payments that JPMC owed Ms.

Javice under the MA for her equity stake in Frank to a later date so long as she continued to work for JPMC. Paragraph D of the PDA clarifies that if Ms. Javice is fired for “Cause,” JPMC can halt payments under the PDA and claw back any payments it already tendered. It also adopts the EA’s definition of “Cause.” (D.I. 25-1 at Ex. B, ¶ D.) Regarding dispute

resolution, Paragraph F of the PDA incorporates Article 9 of the MA in its entirety, including Section 9.10’s forum selection clause. JPMC fired Ms. Javice in September 2022 because it claims to have discovered that Ms. Javice and Olivier Amar (her co-defendant) committed fraud in connection with

JPMC’s due diligence and acquisition of Frank. JPMC contends its termination of Ms. Javice was for Cause as defined in the EA, so it halted payments under the PDA and invoked the PDA’s clawback provisions.

B. Procedural History JPMC filed its Complaint alleging various securities fraud, conspiracy, and other related claims, on December 22, 2022. Ms. Javice filed her Answer and Counterclaims on February 27, 2023. Ms. Javice’s Counterclaims fall into two buckets: those based on or related to the EA (Counterclaims 1, 2, 4, and 6, the “EA Counterclaims”) and those based on the PDA (Counterclaims 3 and 5, the “PDA Counterclaims”). On March 20, 2023, JPMC

filed a Motion To Dismiss And Compel Arbitration Of Charlie Javice’s Counterclaims. II. LEGAL STANDARD The Court may grant a motion to compel arbitration at the pleadings stage if “it is

apparent, based on ‘the face of a complaint, and documents relied upon in the complaint,’ that certain of a party’s claims ‘are subject to an enforceable arbitration clause’ . . .“ , 716 F.3d 764, 776 (3d Cir.2013) (citing , 832 F.Supp.2d 474, 482 (E.D. Pa.

2011)). The Court must deny such a motion, however, when “the complaint and its supporting documents are unclear regarding the agreement to arbitrate.” A motion to compel arbitration calls for a two-step inquiry into whether (1) a valid agreement to arbitrate exits and (2) the particular dispute falls within the scope of that agreement.

, 401 F.3d 529, 532 (3d Cir.2005). III. DISCUSSION Ms. Javice and JPMC agree that they entered into a valid agreement to arbitrate

and that the EA Counterclaims fall within the scope of that agreement. They disagree about whether the PDA Counterclaims apply and whether I have the power to compel arbitration. A. The PDA Counterclaims “[A]rbitartion is a matter of contract and a party cannot be required to submit to

arbitration any dispute which [the party] has not agreed so to submit.” , 353 U.S. 574, 582 (1960). The FAA “presumptively favors the enforcement of arbitration agreements.” , 183 F.2d 173, 178

(3d Cir. 1999). In fact, the FAA mandates that “any doubts concerning the scope of arbitrable issues should be resolved in favor of arbitration.” , 460 U.S. 1, 24-25 (1983). “To determine whether a valid arbitration agreement exists, [courts] apply ordinary

state-law principles that govern the formation of contracts.” , 852 F.3d 262, 265 (3d Cir. 2017) (quotations omitted). However, federal law applies to the determination of whether a particular dispute is within the scope of an arbitration clause.

, 584 F.3d 513, 524 (3d Cir. 2009). Parties can agree by contract to arbitrate questions of arbitrability, but there must be clear and unmistakebale evidence that they did so.

, 514 U.S. 938, 943-44 (1995). The Third Circuit describes that burden as “onerous.” , 482 F.3d 207, 221 (3d Cir. 2007). Ms. Javice and JPMC agreed to arbitrate disputes about arbitrability. As with any contract, the best evidence of the parties’ intent is the language they use. In the arbitration agreement, the language they use could not be more clear: “[a]ny dispute as to the arbitratibility of a particular issue or claim pursuant to this Agreement is to be resolved in

arbitration.) (D.I. 25-1 at Ex. A, App.

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