Martens v. Lamkin Land and Cattle Company

2025 Tex. Bus. 32
CourtTexas Business Court
DecidedAugust 14, 2025
Docket25-BC08B-0009
StatusPublished

This text of 2025 Tex. Bus. 32 (Martens v. Lamkin Land and Cattle Company) is published on Counsel Stack Legal Research, covering Texas Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Martens v. Lamkin Land and Cattle Company, 2025 Tex. Bus. 32 (Tex. Super. Ct. 2025).

Opinion

FILED IN BUSINESS COURT OF TEXAS BEVERLY CRUMLEY, CLERK ENTERED 8/14/2025 2025 Tex. Bus. 32

THE BUSINESS COURT OF TEXAS EIGHTH DIVISION

ELIZABETH MARTENS § § Plaintiff, § § v. § Cause No. 25-BC08B-0009 § LAMKIN LAND & CATTLE § COMPANY, LLC and STEPHANIE § EZZELL, § § Defendants. §

═══════════════════════════════════════════════════════ OPINION AND ORDER ═══════════════════════════════════════════════════════

Syllabus *

This case presents two issues: (i) whether the Business Court has subject-matter jurisdiction over the plaintiff’s application for an involuntary winding-up of a limited liability company, and, if so, (ii) whether an earlier-filed lawsuit in district court between the same parties requires dismissal or abatement of this action under the doctrine of dominant jurisdiction. The Court concludes it has subject-matter jurisdiction and that the district court case and this case are not sufficiently interrelated to invoke dominant jurisdiction. Accordingly, the defendants’ motion to dismiss, plea to the jurisdiction, and plea in abatement are denied.

* The syllabus was created by court staff and is provided for the convenience of the reader. It is not part of the Court’s opinion, does not constitute the Court’s official description or statement, and should not be relied upon as legal authority. OPINION

¶1 On July 7, 2025, Defendants Lamkin Land & Cattle Company, LLC (“the

LLC”) and Stephanie Ezzell (“Ezzell”) ( jointly, “Defendants”) filed a Motion to Dismiss,

Plea to the Jurisdiction, and Plea in Abatement. Plaintiff Elizabeth Martens (“Martens”)

filed her Response on August 1, 2025.

¶2 After oral argument on August 6, 2025, the Court denied all three requests

and said a written opinion would follow. This is the Opinion.

I. BACKGROUND

¶2 There are two lawsuits pending between the parties. The Court will discuss

them in turn.

A. The Parker County case. 1

¶3 The Parker County case arises out of Defendants’ alleged failure to pay

Martens her share of the proceeds from the sale of real property owned by the LLC. Martens

and Ezzell are sisters and 50/50 owners of the LLC. Ezzell has acted as the LLC’s sole

manager at all relevant times. Before the events at issue, the LLC owned five parcels of

property in Parker County, including a 200-acre tract of land (“Tract One”). Martens

alleges that in July 2022 she learned by happenstance that Ezzell had sold Tract One for

$5.5 million.

1 The facts in this section reflect the allegations in Plaintiff’s Third Amended Petition—the live pleading—in the Parker County case.

OPINION AND ORDER, PAGE 1 ¶4 Martens demanded information about the sale. In September 2022, after

Defendants failed to respond, Martens filed suit in Travis County for failure to distribute

available funds, breach of contract, abuse of discretion, unjust enrichment, money had and

received, and constructive trust, as well as an application for appointment of a receiver.

Martens requested damages for her share of the sales proceeds.

¶5 After Defendants appeared in the suit, Ezzell disclosed that the sale of Tract

One netted $4,757,609. Martens demanded her share ($2,378,804) of those proceeds.

¶6 In January 2023, the case was transferred to the 415th Judicial District

Court in Parker County. In February 2025, that court ruled against Martens on her

application for appointment of a receiver and claims for constructive trust, unjust

enrichment, and money had and received. The remaining claims in the case are breach of

contract, failure to distribute available funds, and abuse of discretion.

¶7 The pleading deadline in the Parker County case passed on December 6,

2024. On March 4, 2025, Martens sought Defendants’ consent to file a motion for leave to

amend her Third Amended Petition to add a request for the involuntary winding-up and

termination of the LLC under Texas Business Organizations Code § 11.314. Defendants said

they would oppose such motion. Instead of filing the motion, Martens initiated this suit in

the Business Court.

¶8 The Parker County case is scheduled for trial on September 8, 2025.

B. The Business Court case. 2

2 The facts in this section reflect the allegations in Plaintiff’s Original Petition, which is the live pleading.

OPINION AND ORDER, PAGE 2 ¶9 This case arises out of Ezzell’s alleged mismanagement of the LLC.

¶ 10 Before Martens and Ezzell became owners of the LLC, the company was

owned by Owl Creek Investments, Ltd., a family partnership formed by the sisters’

parents. 3 Following the dissolution of Owl Creek, the LLC’s membership interests were

distributed 50/50 to Martens and Ezzell.

¶ 11 The LLC’s regulations provide that a majority (more than 50%) of these

interests must vote to elect a manager. Because the regulations provide no procedure for

breaking a tie, Martens and Ezzell have failed to elect a manager since 2002. Instead, Ezzell

“unilaterally declared herself to be Manager (and did so without any authority) and

purports to act as such.” Ezzell has provided little or no information to Martens regarding

the LLC and has prevented Martens from having a voice in management.

¶ 12 In addition to shutting Martens out of the LLC, Ezzell has allegedly

committed numerous other acts that form the bases for Martens’s request to wind up the

company.

1. The unauthorized and undisclosed sale of Tract One.

¶ 13 Martens alleges that Ezzell lacked authority to sell Tract One and failed to

inform Martens of the sale.

2. Tax fraud.

¶ 14 Martens alleges that on November 16, 2022, Ezzell provided her a settlement

statement reflecting net proceeds of $4,757,609 from the sale of Tract One. Around this

3 The parents also formed the LLC and were its initial members.

OPINION AND ORDER, PAGE 3 time, Ezzell’s counsel confirmed to Martens that the sale resulted in capital gains of roughly

$4 million and long-term capital gains taxes of $1 million. Based on this, Martens paid her

50% share of the estimated taxes to the IRS in April 2023.

¶ 15 In May 2023, Ezzell sent Martens a Schedule K-1 reflecting a total taxable

gain for the LLC of only $913,028—not $4 million. Because this reported gain vastly

understated the actual gain, Martens alleges that Ezzell “deliberately caused Lamkin LLC

to engage in federal tax fraud by under-reporting by more than $3,000,000 the long-term

capital gains that resulted from the sale.”

3. The depletion of assets and personal use of LLC funds.

¶ 16 Martens alleges that Ezzell has misappropriated LLC funds for her own use

and benefit since the sale of Tract One. This includes using LLC funds to purchase and resell

other real property for a net loss of at least $120,000.

¶ 17 Martens also alleges that Ezzell has embezzled LLC funds for her own use

and benefit, including almost $600,000 in 2025 alone.

¶ 18 On June 3, 2025, Martens filed the original petition in this case. Her sole

claim is for involuntary termination of the LLC because “[t]he economic purpose of Lamkin

LLC is and is likely to be unreasonably frustrated,” “Ezzell has engaged in conduct relating

to Lamkin LLC’s business that makes it not reasonably practicable to carry on the business

with Ezzell,” and “[i]t is not reasonably practicable to carry on Lamkin LLC’s business in

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Bluebook (online)
2025 Tex. Bus. 32, Counsel Stack Legal Research, https://law.counselstack.com/opinion/martens-v-lamkin-land-and-cattle-company-texbizct-2025.