Meade, LLC v. Dekalb Realty Holding, LLC

CourtCourt of Appeals of Georgia
DecidedSeptember 24, 2025
DocketA25A0979
StatusPublished

This text of Meade, LLC v. Dekalb Realty Holding, LLC (Meade, LLC v. Dekalb Realty Holding, LLC) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Meade, LLC v. Dekalb Realty Holding, LLC, (Ga. Ct. App. 2025).

Opinion

FOURTH DIVISION DILLARD, P. J., MERCIER, J., and SENIOR JUDGE FULLER

NOTICE: Motions for reconsideration must be physically received in our clerk’s office within ten days of the date of decision to be deemed timely filed. https://www.gaappeals.us/rules

September 24, 2025

In the Court of Appeals of Georgia A25A0979. MEADE, LLC v. DEKALB REALTY HOLDING, LLC.

DILLARD, Presiding Judge.

Meade, LLC, filed a lawsuit against DeKalb Realty Holding, LLC,1 asserting

claims of breach of contract, breach of a fiduciary duty, and promissory estoppel. All

of these claims are based on DRH’s refusal to complete a commercial lease agreement

deal for a gas station convenience store. At the conclusion of a bench trial, DRH

moved to dismiss the complaint, arguing that Meade’s principals never signed the

personal guaranty, so no enforceable lease existed. The trial court agreed, and

dismissed Meade’s complaint. On appeal, Meade contends the trial court erred,

1 For the sake of convenience and clarity, we refer to Meade, LLC as “Meade” and DeKalb Realty Holding, LLC as “DRH.” contending that it failed to consider the promissory-estoppel claim. For the following

reasons, we vacate the trial court’s order and remand the case for further proceedings.

Viewed in the light most favorable to Meade,2 the record shows that in 2020,

the principals of Meade—Sai Madugula and his wife, Meade Madugula—approached

DRH about leasing a gas station and convenience store on 2228 Rosier Road in

Augusta, which DRH owned. In preparation for executing the lease and operating the

convenience store, the principals incurred expenses for traveling back and forth from

Augusta to Atlanta (where DRH was located). They also incurred expenses in

obtaining the various licenses required to sell alcohol and tobacco and install lottery

equipment.

Later, on August 1, 2020, the parties entered into a commercial real estate lease

agreement for the subject property. Under the lease, DRH committed to turning over

possession of the property to Meade on September 1, 2020. At that point, Meade

would pay DRH $1,500 per month through February 2021; and beginning on March

1, 2021, it would pay $3,000 per month through August 31, 2029. Both parties signed

2 See Roberson v. Northrup, 302 Ga. App. 405, 405 (691 SE2d 547) (2010) (explaining that in ruling on a motion to dismiss, the trial court must “accept as true all well-[pleaded] material allegations in the complaint and must resolve any doubts in favor of the plaintiff” (punctuation omitted)). 2 the lease agreement. The lease included a document titled “Personal Guaranty of

Payment and Performance,” which—as its title implied—required Meade’s principals

to personally guarantee payment. But neither of Meade’s principals did so.

Shortly before Meade was scheduled to take possession of the property, DRH

informed it that exchanging possession was contingent on Meade allowing the

installation of DRH-owned gaming and lottery machines in the convenience store.

Meade objected, claiming the lease agreement included no such requirement. Still,

DRH insisted on this condition precedent, and further added that Meade had not

moved forward to lease a second property (as had allegedly been discussed).

Ultimately, on August 25, 2020, DRH informed Meade that the lease was not valid

because its principals failed to execute the personal guaranty. So, the deal fell apart,

and Meade did not take possession of the property on September 1, 2020, as

contemplated.

On December 28, 2020, Meade filed a lawsuit against DRH, asserting claims

of breach of contract and breach of a fiduciary duty. Meade attached both the lease

agreement and the personal guaranty as exhibits to the complaint. DRH filed an

answer, after which the parties engaged in discovery. On February 20, 2024, the trial

3 court set the matter for a bench trial on May 14, 2024. And one day before it started,

Meade filed an amended complaint, adding a claim for promissory estoppel—which

alleged that it incurred expenses in reliance on DRH’s representations.

On May 14, 2024, the bench trial began. And during the trial, both of Meade’s

principals testified and Meade’s counsel cross-examined DRH’s principal. After

Meade rested its case, DRH moved to dismiss the complaint. In doing so, DRH

argued there was no enforceable lease agreement because Meade’s principals

admittedly did not execute the personal guaranty and their damages were speculative.

Then, after Meade argued in rebuttal, the trial court adjourned the trial. But before

doing so, the court explained it would withhold ruling until first determining the

bankruptcy status of Meade’s principals.3

On June 11, 2024, the trial court issued an order dismissing the case. The

court’s order noted that Meade’s December 28, 2020 complaint asserted claims of

breach of contract and breach of fiduciary duty, but that the agreement was not fully

executed because its principals did not sign the personal guaranty. As a result, the

court held the lease was not enforceable. This appeal follows.

3 Although the record includes no documentation related to the bankruptcy of Meade’s principals, the parties agree it was discharged. 4 In its sole enumeration of error, Meade contends the trial court erred in

dismissing its complaint, arguing the court failed to even consider its promissory-

estoppel claim. We agree.

This Court reviews de novo a trial court’s ruling on a motion to dismiss.4 In

doing so, we are tasked with determining “whether the allegations of the complaint,

when construed in the light most favorable to the plaintiff, and with all doubts

resolved in the plaintiff’s favor, disclose with certainty that the plaintiff would not be

entitled to relief under any state of provable facts.”5 But significantly, we need not

“adopt a party’s legal conclusions based on these facts.”6

Turning to Meade’s argument, a claim for promissory estoppel “allows

enforcement of promises that would otherwise be defeated by the statute of frauds.”7

4 See Dove v. Ty Cobb Healthcare Sys., Inc., 316 Ga. App. 7, 9 (729 SE2d 58) (2012); see also Carson v. Brown, 348 Ga. App. 689, 699 (2) (824 SE2d 605) (2019) (noting that we review a trial court’s decision on a motion to dismiss de novo). 5 Dove, 316 Ga. App. at 9 (punctuation omitted). 6 Id. (punctuation omitted); see Trop, Inc. v. City of Brookhaven, 296 Ga. 85, 87 (1) (764 SE2d 398) (2014) (“While a trial court is required to consider a non-moving party’s factual allegations to be true, it is not required to accept the legal conclusions the non-party suggests that those facts dictate.”). 7 First Bank of Ga. v. Robertson Grading, Inc., 328 Ga. App. 236, 240 (1) (761 SE2d 628) (2014) (punctuation omitted). 5 In this regard, OCGA § 13-3-44 (a) provides: “A promise which the promisor should

reasonably expect to induce action or forbearance on the part of a promisee or third

person and which does induce such action or forbearance is binding if injustice can be

avoided only by enforcement of the promise.” So, to prevail on a claim of promissory

estoppel, the party asserting the claim must show:

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