Leo Bienati, Theresa Pham, Carlos Lacayo and Andres Ruzo v. Holy Kombucha, Inc. and Cloister Holdings, LLC

CourtCourt of Appeals of Texas
DecidedFebruary 10, 2023
Docket05-22-00324-CV
StatusPublished

This text of Leo Bienati, Theresa Pham, Carlos Lacayo and Andres Ruzo v. Holy Kombucha, Inc. and Cloister Holdings, LLC (Leo Bienati, Theresa Pham, Carlos Lacayo and Andres Ruzo v. Holy Kombucha, Inc. and Cloister Holdings, LLC) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Leo Bienati, Theresa Pham, Carlos Lacayo and Andres Ruzo v. Holy Kombucha, Inc. and Cloister Holdings, LLC, (Tex. Ct. App. 2023).

Opinion

DISMISS and Opinion Filed February 10, 2023

S In the Court of Appeals Fifth District of Texas at Dallas No. 05-22-00324-CV

LEO BIENATI, THERESA PHAM, CARLOS LACAYO, AND ANDRES RUZO, Appellants V. CLOISTER HOLDINGS, LLC, Appellee

On Appeal from the 134th Judicial District Court Dallas County, Texas Trial Court Cause No. DC-21-17448

MEMORANDUM OPINION Before Justices Carlyle, Goldstein, and Kennedy Opinion by Justice Carlyle

This is an accelerated interlocutory appeal from a temporary injunction.

Because the trial of the merits of the case below has been stayed in an effort to seek

an advisory opinion from this Court, we dismiss the appeal.

Appellants Leo Bienati and Theresa Pham formed Holy Kombucha, Inc.

(HKI) in 2014. In January 2021, HKI entered into a loan and security agreement

with an affiliate of Montgomery Capital Advisors, LLC (MCA) to refinance HKI’s

existing debt. Several months later, in April 2021, appellee Cloister Holdings, LLC

acquired a shareholder interest of 45% in HKI. HKI’s April 20, 2021 “Amended and Restated Shareholders Agreement”

provided, “No meeting of the Board may proceed to business or transact any

business unless a Quorum is present throughout the meeting. For that purpose, a

quorum of the Board requires the presence of . . . at least one Cloister Nominee . . . .”

Additionally, the Shareholders Agreement stated (1) “[t]his Agreement may not be

amended, terminated, modified or supplemented and no waivers of or consents to

departures from the provisions hereof may be given unless consented to in writing

by Super-Majority Vote” and (2) “‘Super-Majority Vote’ means (i) if MCA holds

MCA Interest, the affirmative vote of a simple majority of the Board, and (ii) if MCA

does not hold MCA interest, the affirmative vote (by written consent or at a duly

authorized meeting of the Shareholders of the Company) of the holders of more than

85% of the Voting Shares authorized to vote on the question at issue.” In November

2021, three members of HKI’s five-person Board—Mr. Bienati, Ms. Pham, and

appellant Andres Ruzo—voted by written consent to amend the Shareholders

Agreement to, among to other things, eliminate the requirement that a “Quorum”

must include a “Cloister Nominee” (the Amendment).

Cloister filed this lawsuit against appellants on December 9, 2021, contending

the Amendment “fraudulently ‘eliminated’ Cloister, its 45% ownership and its votes

on HKI’s board.” Cloister asserted, among other claims, breach of fiduciary duty,

conversion, theft, embezzlement, misappropriation, fraud in the inducement,

negligent misrepresentation, breach of contract, and unjust enrichment. Cloister also

–2– sought a temporary injunction, which the trial court granted on March 24, 2022. The

temporary injunction enjoined appellants from “changing, altering, or limiting

Cloister’s ‘Quorum’ rights” “through the ‘WRITTEN CONSENT IN LIEU OF A

SPECIAL MEETING OF THE BOARD OF DIRECTORS’” and set “full trial on

the merits” for January 23, 2023. Appellants timely filed this interlocutory appeal on

April 11, 2022.

While this appeal was pending, the trial court signed an August 31, 2022

“Amended Temporary Injunction,” which was the same as the original except for the

following provision:

Due to a clerical error, the court’s TEMPORARY INJUNCTION, dated March 25, 2022, erroneously stated that “bond had already been paid”, THEREFORE, the court is making this amended TEMPORARY INJUNCTION order to correct this error, as follows: IT IS FURTHER ORDERED, by the Court, that a bond in the amount of $7,500.00 is hereby set and shall be paid into the registry of the court, within three (3) days of the date of this order.

Though this appeal was originally set for October 12, 2022 submission in this

Court, we granted appellants’ unopposed September 28, 2022 motion to allow

supplemental briefing and to reset the submission date “for after the supplemental

briefing is complete.” Meanwhile, the trial court held an October 12, 2022 hearing

on a motion by Cloister to “extend deadlines in scheduling order” and a motion by

defendants “for continuance and to extend deadlines.” Following that hearing, the

trial court signed an October 17, 2022 order extending several deadlines and stating,

–3– “After the arguments of and discussions with counsel, it is ORDERED: . . . In all

respects the underlying case is abated until either the 5th Court of Appeals rules on

defendants’ Interlocutory Appeal or Thursday, January 5, 202[3], when a hearing

shall be held, whichever occurs first.” In December 2022, this Court reset this appeal

for submission on January 31, 2023.

Appellants challenge both the original and amended temporary injunctions,

asserting, among other things, (1) Cloister failed to show a probable right to recovery

because the Amendment to the Shareholders Agreement was proper; (2) Cloister has

not shown it would suffer probable, imminent, and irreparable injury without the

injunctive relief; and (3) the bond amount set by the trial court is insufficient to

protect appellants’ interests because due to the temporary injunction and Cloister’s

“refusal to participate in any Board meetings” until this litigation is resolved, HKI

is experiencing a “financial crisis” and “could face foreclosure at any time.”

During oral submission on January 31, 2023, this Court noted that the trial

date set in the temporary injunction had passed and asked counsel about the status

of a trial setting. Appellants’ counsel stated that the case is currently “abated” in the

trial court because of this pending appeal. Counsel was not aware of any set trial

date. Counsel stated that because the probable right to recovery issue could impact

the merits of the entire case, the trial court “abated it until this Court weighed in on

the merits of the temporary injunction and whether there’s a probable right to

recovery.”

–4– The appeal of a temporary injunction “shall constitute no cause for delay of

the trial.” TEX. R. CIV. P. 683. We have repeatedly disapproved the practice of

postponing the trial on the merits of a case to obtain a ruling on the appeal of a

temporary injunction. See Torres v. Brookins, No. 05-18-00028-CV, 2018 WL

2382112, at *2 (Tex. App.—Dallas May 25, 2018, no pet.) (mem. op.); DK8, LLC v.

HBT JV, LLC, No. 05-16-00320-CV, 2016 WL 6094308, at *2 (Tex. App.—Dallas

Oct. 19, 2016, no pet.) (mem. op.); Senter Invs., L.L.C. v. Veerjee, 358 S.W.3d 841,

846 (Tex. App.—Dallas 2012, no pet.); Brar v. Sedey, 307 S.W.3d 916, 920 (Tex.

App.—Dallas 2010, no pet.); Hiss v. Great N. Am. Cos., Inc., 871 S.W.2d 218, 220

(Tex. App.—Dallas 1993, no writ); Reeder v. Intercontinental Plastics Mfg. Co., Inc.,

581 S.W.2d 497, 499 (Tex. App.—Dallas 1979, no writ). This practice not only

delays the ultimate resolution of the merits of the parties’ dispute but wastes judicial

resources. Torres, 2018 WL 2382112, at *2; DK8, LLC, 2016 WL 6094308, at *2;

see also Arch Resorts, L.L.C. v. City of McKinney, No. 05-15-01108-CV, 2016 WL

3196767, at *1 (Tex.

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Related

Brar v. Sedey
307 S.W.3d 916 (Court of Appeals of Texas, 2010)
Hiss v. Great North American Companies
871 S.W.2d 218 (Court of Appeals of Texas, 1993)
Barnett v. Manuel Griego, Jr., D.O., P.A.
337 S.W.3d 384 (Court of Appeals of Texas, 2011)
Reeder v. Intercontinental Plastics Manufacturing Co.
581 S.W.2d 497 (Court of Appeals of Texas, 1979)
Senter Investments, L.L.C. v. Veerjee
358 S.W.3d 841 (Court of Appeals of Texas, 2012)

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Leo Bienati, Theresa Pham, Carlos Lacayo and Andres Ruzo v. Holy Kombucha, Inc. and Cloister Holdings, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/leo-bienati-theresa-pham-carlos-lacayo-and-andres-ruzo-v-holy-kombucha-texapp-2023.