Loyd v. Griffin

2021 NCBC 51
CourtNorth Carolina Business Court
DecidedSeptember 1, 2021
Docket20-CVS-2394
StatusPublished
Cited by2 cases

This text of 2021 NCBC 51 (Loyd v. Griffin) 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
Loyd v. Griffin, 2021 NCBC 51 (N.C. Super. Ct. 2021).

Opinion

Loyd v. Griffin, 2021 NCBC 51.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION IREDELL COUNTY 20 CVS 2394

ASHTON K. LOYD,

Plaintiff,

v. ORDER AND OPINION ON JAMES MICHAEL GRIFFIN and PLAINTIFF’S MOTION TO DISMISS GRIFFIN INSURANCE AGENCY, DEFENDANTS’ COUNTERCLAIMS INC.,

Defendants.

1. THIS MATTER is before the Court on Plaintiff Ashton K. Loyd’s (“Loyd”)

Motion to Dismiss (the “Motion”) filed on 28 January 2021. (Pl. Mot. Dismiss, ECF

No. 32 [hereinafter “Mot.”].) Loyd seeks complete dismissal of all the Defendants’

James Michael Griffin (“Griffin”) and Griffin Insurance Agency, Inc. (“GIA”)

(together, “Defendants”) counterclaims against Loyd (the “Counterclaims”). (Defs.’

Answer Pl.’s Compl. and Countercls., ECF No. 14 [hereinafter “Countercls.”].)

2. For the reasons set forth in this Order and Opinion, the Court hereby

DENIES the Motion. 1

Levine Law Group, P.A. by Michael J. Levine and Cathy A. Williams, Austin Law Firm, PLLC by John S. Austin, and Mauney, PLLC by Gary V. Mauney for Plaintiff Ashton K. Loyd. 2

1 The Court does not address any of Defendants’ arguments in support of Defendants’ Motion

to Dismiss Plaintiff’s Amended Complaint (ECF No. 36) or Defendants’ Motion to Strike (ECF No. 38) in this Opinion. A separate Order and Opinion will follow at a later date addressing Defendants’ pending motions. 2 John S. Austin of Austin Law Firm, PLLC, and Gary V. Mauney of Mauney, PLLC, entered

appearances on behalf of Loyd on 5 August 2021. (ECF Nos. 67–68.) Mr. Austin and Mr. Mauney did not represent Loyd at the time of the hearing held on 22 April 2021 on Loyd’s Motion to Dismiss Defendants’ Counterclaims. (See ECF No. 51.) Bennett & Guthrie, PLLC by Mitchell Hendrix Blankenship and Joshua H. Bennett for Defendants James Michael Griffin and Griffin Insurance Agency, Inc.

Robinson, Judge.

I. INTRODUCTION

3. Loyd moves to dismiss the Counterclaims alleged by Defendants in this

action for: breach of fiduciary duty (Count I); breach of contract and breach of

warranty based on the Merger Agreement (Count II); fraud (Count III); unfair or

deceptive trade practices (“UDTP”) in violation of Section 75-1.1 of the N.C. General

Statutes (Count V); breach of contract based on the Associate Agent Agreement

(Count VI); and breach of contract and specific performance based on the

Shareholders’ Agreement (Count VII).

II. PROCEDURAL BACKGROUND

4. Loyd initiated this action by filing his Complaint on 25 September 2020.

(Compl., ECF No. 3.) The case was designated as a mandatory complex business case

by order of the Chief Justice of the Supreme Court of North Carolina and assigned to

the undersigned on 26 October 2020. (Design. Order and Assign. Order, ECF Nos. 1–

2.)

5. On 25 November 2020 Defendants filed the Counterclaims.

6. Loyd filed his Answer to Defendants’ Counterclaim on 28 January 2021

(Pl.’s Mot. Dismiss, Defenses and Answer Def. Countercls., ECF No. 34.)

7. Loyd also filed the Motion to Dismiss on 28 January 2021. The Motion has

been fully briefed. (Pl. Br. Supp. Mot. Dismiss, ECF No. 33 [hereinafter “Mem. Supp.”]; Defs.’ Br. Opp’n Pl. Mot. Dismiss Defs.’ Countercls., ECF No. 44 [hereinafter

“Mem. Opp’n”].)

8. On 19 January 2021 Defendants voluntarily dismissed without prejudice

their counterclaim against Loyd for Rescission of Merger and Shareholders’

Agreements (Count IV). (Defs.’ Notice Part. Volunt. Dismiss. Without Prej., ECF No.

30.) Loyd filed his First Amended Complaint on 11 January 2021. (First Am. Compl.,

ECF No. 29.) Defendants filed their Answer to Plaintiff’s First Amended Complaint

on 29 January 2021 and therein realleged the remaining Counterclaims contained in

their earlier Answer. (Defs.’ Answer Pl.’s First Am. Compl. 18, ECF No. 40

[hereinafter “Answer”].) The remaining Counterclaims are still pending and are

subject to this Motion.

9. On 22 April 2021, the Court held a hearing by video conference on the

Motion, at which all parties were represented by counsel (the “Hearing”).

10. The Motion has been converted from a Rule 12(b)(6) Motion to Dismiss for

Failure to State a Claim upon which Relief may be Granted to a Rule 12(c) Motion for

Judgment on the Pleadings with the consent of all parties’ counsel in this matter

which was provided at the hearing on 22 April 2021. 3

3 This Court noted in Handi-Clean Products v. Momar, Inc., 2021 NCBC LEXIS 35 (N.C.

Super. Ct. Apr. 6, 2021), that the N.C. Business Court has held that if a Rule 12(b)(6) Motion to Dismiss and Answer are filed contemporaneously, it is no longer appropriate for the Court to consider the Rule 12(b)(6) Motion to Dismiss because the Rules of Civil Procedure require that the motion come before the answer or else it is untimely. See also New Friendship Used Clothing Collection, LLC v. Katz, 2017 NCBC LEXIS 72, at *24–25 (N.C. Super. Ct. Aug. 18, 2017); Johnston v. Johnston Props., Inc., 2018 NCBC LEXIS 119, at *13 (N.C. Super. Ct. Nov. 15, 2018). Here, the Motion and Plaintiff’s Defenses and Answer to Defendants’ Counterclaim (ECF No. 34) were both filed on 28 January 2021 at 4:09:57 p.m., and therefore consideration of the 12(b)(6) Motion would be improper in this matter. 11. The Motion is now ripe for resolution.

III. FACTUAL BACKGROUND

12. The Court does not make findings of fact on a Rule 12(c) motion for

judgment on the pleadings. The following factual background is drawn from the

pleadings and matters of record that are properly considered, relevant, and necessary

to the Court’s consideration of the Motion. 4

A. The Parties 5

13. Loyd is a resident of Iredell County, North Carolina. (Answer ¶ 1.) At all

relevant times, Loyd was an officer and Vice President of GIA. (Answer ¶ 1.)

14. Griffin is a resident of Mecklenburg County, North Carolina. (Answer ¶ 2.)

At all relevant times, Griffin was President of GIA. (Answer ¶ 2.)

15. GIA is a North Carolina corporation with a principal office located at 135

Gasoline Alley, Iredell County, North Carolina. (Answer ¶ 3.)

B. Defendants’ Agreements with Plaintiff

16. On 1 January 2004, Plaintiff began working at GIA as an associate agent.

(Countercls. ¶ 4.)

17. Around 2010, the parties agreed for Plaintiff to “gain an equity stake in

GIA” by paying for ownership with part of his future commissions. (Countercls. ¶ 5.)

4 The Court in deciding this Motion will consider only such matters as raised by the pleadings

in this case per Rule 12(c). Anything referenced in briefing by the parties, at the hearing, or otherwise that was not contained in the pleadings on record in this matter was not considered in the issuance of this Order and Opinion. 5 On 6 January 2021 Plaintiff voluntarily dismissed all its claims against Jacqueline Sipe;

therefore, she is not referenced in this section detailing parties to this action. (Notice Volunt. Dismiss. Without Prej. Def. Jacqueline Sipe, ECF No. 27.) 18. In 2012, Plaintiff signed an Associate Agent Agreement wherein he

“agree[d] to comply with all applicable insurance laws and regulations.” (Countercls.

¶ 58.) Defendants allege further that Plaintiff became a Vice President of GIA and

therefore “owed fiduciary duties to . . . GIA.” (Countercls. ¶ 22.)

19. Defendants assert that by 2018 it was clear that Plaintiff was unable to

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Bluebook (online)
2021 NCBC 51, Counsel Stack Legal Research, https://law.counselstack.com/opinion/loyd-v-griffin-ncbizct-2021.