Lee v. McDowell

2021 NCBC 56
CourtNorth Carolina Business Court
DecidedSeptember 14, 2021
Docket19-CVS-17741
StatusPublished

This text of 2021 NCBC 56 (Lee v. McDowell) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lee v. McDowell, 2021 NCBC 56 (N.C. Super. Ct. 2021).

Opinion

Lee v. McDowell, 2021 NCBC 56.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION MECKLENBURG COUNTY 19 CVS 17741

KEITH LEE and YOUNG KWON (individually and derivatively on behalf of rFactr, Inc.),

Plaintiffs,

v. ORDER AND OPINION ON THIRD- PARTY DEFENDANTS RICHARD CHRIS MCDOWELL; CHRIS LAU; and BRASSER AND GREG GENTNER’S ROBERT DUNN, MOTION TO STAY AND CHRIS MCDOWELL’S REQUEST FOR Defendants, SANCTIONS

and

RFACTR, INC.,

Nominal Defendant.

CHRIS MCDOWELL,

Third-Party Plaintiff,

v.

RICHARD BRASSER and GREG GENTNER,

Third-Party Defendants.

CHRIS LAU and ROBERT DUNN,

Third-Party Plaintiffs,

v. RICHARD BRASSER and GREG GENTNER,

1. THIS MATTER is before the Court on Third-Party Defendants Richard

Brasser (“Brasser”) and Greg Gentner’s (“Gentner”) (together, the “Movants”) Motion

to Stay (the “Motion to Stay” or the “Motion”), (ECF No. 88), and Defendant and

Third-Party Plaintiff Chris McDowell’s (“McDowell”) Response to Motion to Stay

seeking sanctions (“McDowell’s Request for Sanctions” or the “Request”), 1 (ECF No.

91).

2. Having considered the Motion to Stay, McDowell’s Request for Sanctions,

the related briefing, and the arguments of counsel at the hearing on the Motion and

the Request on 18 August 2021 (the “Hearing”) 2, the Court, in the exercise of its

discretion and for the reasons set forth below, DENIES both the Motion to Stay and

McDowell’s Request for Sanctions.

Moore & Van Allen PLLC, by Christopher Donald Tomlinson and William M. Butler, for Plaintiffs Young Kwon and Keith Lee.

James, McElroy & Diehl, P.A., by John R. Buric, for Nominal Defendant rFactr, Inc.

Troutman Pepper Hamilton Sanders LLP, by Mackenzie Willow- Johnson, for Defendants and Third-Party Plaintiffs Robert Dunn and Chris Lau.

1 McDowell included his request for sanctions in his Response to the Motion to Stay rather

than file a separate motion. (See McDowell’s Resp. Mot. Stay 6–8, 11–12 [hereinafter “McDowell’s Resp.”], ECF No. 91.)

2 All parties were represented by counsel at the Hearing. Rosenwood, Rose, & Litwak, PLLC, by Erik M. Rosenwood and Carl J. Burchette, for Defendant and Third-Party Plaintiff Chris McDowell.

Bledsoe, Chief Judge I.

FACTUAL AND PROCEDURAL BACKGROUND

3. Plaintiffs Keith Lee and Young Kwon (together, “Plaintiffs”) filed this action

on 6 September 2019. (ECF No. 3.) They allege that McDowell and Defendants and

Third-Party Plaintiffs Chris Lau (“Lau”) and Robert Dunn (“Dunn”) (collectively,

“Defendants”) each breached their fiduciary duty of good faith as members of the

board of directors of Nominal Defendant rFactr, Inc. (“rFactr” or the “Company”), a

now-insolvent North Carolina corporation, (Verified Am. Compl. ¶ 3 [hereinafter

“Am. Compl.”], ECF No. 10), by failing to oversee Movants’ actions, resulting in the

demise of the Company. (Am. Compl. ¶¶ 3, 60.) Defendants seek indemnity and

contribution from Movants for Defendants’ putative liabilities via third-party

complaint. (McDowell’s Answer, Affirmative Defenses, Cross-cl., and Third-Party

Compl. 21–22, ECF No. 17; Lau and Dunn’s Answer Pls.’ Am. Verified Compl., Cross-

cl. and Third-Party Compl. 21–22, ECF No. 19.)

4. Separately, beginning as early as 4 December 2020, a federal grand jury has

been investigating Movants’ conduct concerning rFactr. (McDowell’s Resp. 4.)

Although Movants’ counsel advised at the Hearing that neither a target letter 3 nor

an indictment nor any other process has been issued against either Brasser or

3 A target letter is “a prosecutor's letter to a potential defendant stating that a criminal

investigation is underway and suggesting that the recipient consult counsel.” Target Letter, BLACK’S LAW DICTIONARY (10th ed. 2014). Gentner, Movants contend that they face the possibility of parallel civil and criminal

consequences for their conduct as rFactr’s executive officers. As a result, Movants

seek a stay of the claims against them in this action, including a stay of Brasser’s

previously-scheduled deposition, so that they will not be required to exercise their

Fifth Amendment right against self-incrimination to their detriment in this civil

action.

5. McDowell’s Request for Sanctions focuses on Movants’ counsel’s conduct in

scheduling Brasser’s deposition and moving for a stay. Under the Court’s Second

Case Management Order, the deadline for the completion of all discovery in this

action was 14 May 2021. (ECF No. 75.) On 23 April 2021, counsel for Plaintiffs sent

an email copying all counsel of record that included as an attachment a notice of

deposition for Brasser and proposed 12 May 2021 as the date for his deposition.

(McDowell’s Resp. Ex. A, ECF No. 91.1.) Unbeknownst to Defendants, from 6 May

until 11 May 2021, Movants’ counsel negotiated with Plaintiffs’ counsel and offered

to provide an affidavit from Brasser in lieu of a deposition. (Movants’ Mem. Law

Supp. Mot. Stay 3 [hereinafter “Movants’ Mem. Supp.”], ECF No. 89; McDowell’s

Resp. 5; Chris Lau and Robert Dunn’s Mem. in Opp’n to Third-Party Defs.’ Mot. To

Stay 3 [hereinafter “Lau and Dunn’s Mem. in Opp’n.”], ECF No. 93.) Plaintiffs

rejected this offer. After exchanging nineteen emails on 13 May 2021, all parties

agreed that Brasser would be deposed on 8 June 2021. (McDowell’s Resp. Ex. N, ECF

No. 91.14.) 6. In the same email thread, Plaintiffs proposed an extension of the discovery

deadline from 14 May 2021 to 8 June 2021 for the sole purpose of deposing Brasser.

Movants’ counsel advised that this extension was “acceptable.” (McDowell’s Resp.

Ex. O, ECF No. 91.15.) Plaintiffs filed a motion for extension shortly thereafter and

the Court granted it the next day, briefly extending the discovery deadline for this

limited purpose. (See Joint Mot. Extend Disc. Deadline Sole Purpose Completing

Final Dep., ECF. No. 83; Fourth Amendment Case Management Order, ECF No. 85.)

7. Six days before Brasser’s deposition, Movants’ counsel informed all parties

that she intended to file a “motion to stay these proceedings pending the outcome” of

the grand jury investigation. (McDowell’s Resp. Ex. Q, ECF No. 91.17.) On 7 June

2021, the evening before Brasser’s deposition, Movants’ counsel filed the current

Motion to Stay, through which Movants seek a stay of the case against them until

either the criminal matter is resolved or a judgment is entered against Defendants

that triggers their claims for indemnity and contribution from Movants. (Movants’

Mot. Stay 2.)

8. Plaintiffs and Defendants oppose the Motion, and McDowell seeks sanctions

against Movants and Movants’ counsel for causing Defendants to incur substantial

expense in scheduling and preparing for Brasser’s deposition when he alleges

Movants’ counsel never intended for Brasser to appear and testify on the agreed-upon

date. Plaintiffs, Lau, Dunn, and rFactr declined to join McDowell’s Request for

Sanctions. 9. The Motion to Stay and McDowell’s Request for Sanctions are now ripe for

resolution.

II.

ANALYSIS

A. Motion to Stay

10. It is within the Court’s discretion whether to grant a motion to stay. See

Bryant & Assocs., LLC v. ARC Fin. Servs., LLC, 238 N.C. App. 1, 4 (2014).

11. Movants’ core contention is that permitting Brasser to be deposed would

potentially impair his Fifth Amendment protections in the parallel criminal

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2021 NCBC 56, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lee-v-mcdowell-ncbizct-2021.