Lashes by Katie, LLC, and Thu Suong Dong v. Lend Bug, LLC, Lendbug 2, LLC, and Cynthia Kolb

CourtDistrict Court, S.D. New York
DecidedMarch 23, 2026
Docket1:25-cv-06250
StatusUnknown

This text of Lashes by Katie, LLC, and Thu Suong Dong v. Lend Bug, LLC, Lendbug 2, LLC, and Cynthia Kolb (Lashes by Katie, LLC, and Thu Suong Dong v. Lend Bug, LLC, Lendbug 2, LLC, and Cynthia Kolb) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lashes by Katie, LLC, and Thu Suong Dong v. Lend Bug, LLC, Lendbug 2, LLC, and Cynthia Kolb, (S.D.N.Y. 2026).

Opinion

sare ELECTRONICALLY FILED UNITED STATES DISTRICT COURT BATeuILEDs 7/73/2006 SOUTHERN DISTRICT OF NEW YORK SS LASHES BY KATIE, LLC, and THU SUONG DONG, 25 CV 6250 (VM) Plaintiffs, DECISION AND ORDER - against - LEND BUG, LLC, LENDBUG 2, LLC, and CYNTHIA KOLB, Defendants.

VICTOR MARRERO, United States District Judge. In this action, plaintiffs Lashes by Katie, LLC, and Thu Suong Dong (collectively, “Katie”) bring claims against defendants Lend Bug, LLC, Lendbug 2, LLC (“Lend Bug 2”), and Cynthia Kolb (“Kolb,” and collectively, “Lend Bug”). Katie alleges violations of law in connection with a settlement agreement. (See “First Amended Complaint” or “FAC,” Dkt. No. 37.) Lend Bug now moves to dismiss Katie’s claims pursuant to Federal Rule of Civil Procedure (“Rule”) 12(b) (1) for lack of subject matter jurisdiction and Rule 12(b) (6) for failure to state a claim. (See “MTD,” Dkt. No. 51.) For the reasons set forth below, Lend Bug’s motion to dismiss is GRANTED in part and DENIED in part.

I. BACKGROUND1 0F Katie is a Maryland-based salon specializing in eyelash extensions and skincare. (See FAC ¶ 7.) In March 2024, Katie contacted Lend Bug – a merchant creditor – requesting a merchant cash advance. (See id. ¶¶ 9, 12.) Lend Bug loaned Katie approximately $25,000 in March 2024 (the “Future Receivables Sale and Purchase Agreement”) and an additional $15,000 in April 2024. (See id. ¶¶ 12, 14, 41.) On June 6, 2024, after Katie was unable to pay the loan installments in full, Lend Bug filed an action in Connecticut Superior Court and received a judgment in its favor (the “Connecticut Judgment”). (See id. ¶ 18.) On May 29, 2025, the parties executed a settlement agreement (the “Agreement”) to resolve Lend Bug’s attempts to collect on the Connecticut Judgment and establish a payment plan. (See id. ¶¶ 35, 40; Agreement, Dkt. No. 37-3.) The balance on the account at the time the Agreement was executed was $59,859.28. (See id. ¶ 41.)

The Agreement provided that “[u]pon receipt of the first payment and for so long as [Katie] shall not be in default under this Agreement [Lend Bug] shall forbear from taking any collection action on [Katie’s] accounts it may otherwise be

1 Except as otherwise noted, the following background derives from the First Amended Complaint. (See Dkt. No. 37.)

2 entitled to.” (Id. ¶ 42; Agreement at 3.) Katie alleges that Lend Bug failed to comply with those terms by taking collection actions while Katie was still in compliance with the Agreement - garnishing $12,754.08 from Katie’s accounts through Middlesex Federal Savings and placing a $70,000

Uniform Commercial Code (“UCC”) hold on the accounts. (See FAC ¶¶ 47, 50-52.) Katie additionally asserts that Lend Bug caused a $57,000 hold to be placed on an account held at Novo Bank, resulting in a negative balance of -$57,188.85, which prevented Katie from accessing customer payments. (See id. ¶ 53.) Katie alleges twelve causes of action. In Count One, Katie brings a breach of contract claim, asserting that Lend Bug’s failure to forbear from taking any collection action pursuant to the terms of the Agreement resulted in “severe operational and financial harm” to the business. (Id. ¶¶ 61, 72-82.) In Counts Two through Five, Katie alleges fraud and

fraudulent misrepresentation, unjust enrichment, intentional interference with business relations, and conversion. (See id. ¶¶ 83-120.) In Count Six and Count Seven, Katie asserts violations of New York General Business Law § 349 and Connecticut General Statute § 37-4, respectively. (See id. ¶¶ 121-35.) Katie brings Counts Eight through Ten against 3 defendant Kolb – Lend Bug’s Director of Collections and agent – in her individual capacity, claiming tortious interference with business relations, defamation, and intentional infliction of emotional distress. (See id. ¶¶ 136-52.) In Count Eleven, Katie asserts that Lend Bug violated UCC § 9-

625(b), which states that a secured party that fails to comply with the requirements of Article 9 is liable for “any loss caused by a failure to comply.” (Id. ¶¶ 153-60.) And in Count Twelve, Katie alleges violations of New York General Obligations Law § 5-501(1) and New York Banking Law § 14- a(1). (See id. ¶¶ 161-69.) On November 26, 2025, Lend Bug filed its motion to dismiss, supported by a memorandum of law and supporting exhibits. (See Dkt. No. 51; “Mem.,” Dkt. No. 51-16.) On December 16, 2025, Katie filed an opposition. (See “Opp’n,” Dkt. No. 54.) On December 24, 2025, Lend Bug filed a reply. (See “Reply,” Dkt. No. 56.)

II. LEGAL STANDARD When the matter before the Court involves a motion to dismiss pursuant to Rules 12(b)(1) and 12(b)(6), the Court must consider the Rule 12(b)(1) motion first because “disposition of a Rule 12(b)(6) motion is a decision on the merits, and therefore, an exercise of jurisdiction.” Gannon 4 v. 31 Essex St. LLC, No. 22-CV-1134, 2023 WL 199287, at *2 (S.D.N.Y. Jan. 17, 2023) (internal quotation marks and citation omitted). Pursuant to Rule 12(b)(1), the Court must dismiss a case for lack of subject matter jurisdiction if the Court “lacks

the statutory or constitutional power to adjudicate it.” Makarova v. United States, 201 F.3d 110, 113 (2d Cir. 2000) (citing Fed. R. Civ. P. 12(b)(1)). The party asserting subject matter jurisdiction bears the burden of establishing, by a preponderance of the evidence, that jurisdiction exists. See Morrison v. Nat’l Australia Bank Ltd., 547 F.3d 167, 170 (2d Cir. 2008) (citation omitted). “[T]he court must take all facts alleged in the complaint as true,” Nat. Res. Def. Council v. Johnson, 461 F.3d 164, 171 (2d Cir. 2006) (citation omitted), but “no presumptive truthfulness attaches to the complaint’s jurisdictional allegations.” Guadagno v. Wallack Ader Levithan Assocs., 932 F. Supp. 94, 95 (S.D.N.Y. 1996).

When evaluating a Rule 12(b)(1) motion, the Court may consider evidence outside of the pleadings to resolve the disputed jurisdictional fact issues. See Zappia Middle East Construction Co. Ltd. v. Emirate of Abu Dhabi, 215 F.3d 247, 253 (2d Cir. 2000). “However, argumentative inferences favorable to the party asserting jurisdiction should not be 5 drawn.” Atlantic Mut. Ins. Co. v. Balfour Maclaine Int’l Ltd., 968 F.2d 196, 198 (2d Cir. 1992). To survive a motion to dismiss pursuant to Rule 12(b)(6), “a complaint must contain sufficient factual matter, accepted as true, to ‘state a claim to relief that is plausible on its

face.’” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (quoting Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007)). A claim is facially plausible “when the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct alleged.” Id. (citing Twombly, 550 U.S. at 556). When ruling on a motion to dismiss pursuant to Rule 12(b)(6), the Court accepts all factual allegations in the complaint as true and draws all reasonable inferences in the plaintiff’s favor. See Holmes v. Grubman, 568 F.3d 329, 335 (2d Cir. 2009). In considering a Rule 12(b)(6) motion, a district court may also consider “documents attached to the complaint as exhibits, and

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Lashes by Katie, LLC, and Thu Suong Dong v. Lend Bug, LLC, Lendbug 2, LLC, and Cynthia Kolb, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lashes-by-katie-llc-and-thu-suong-dong-v-lend-bug-llc-lendbug-2-llc-nysd-2026.