NRT Mid-Atlantic LLC v. Peach

CourtDistrict Court, D. Maryland
DecidedOctober 10, 2025
Docket1:25-cv-00899
StatusUnknown

This text of NRT Mid-Atlantic LLC v. Peach (NRT Mid-Atlantic LLC v. Peach) is published on Counsel Stack Legal Research, covering District Court, D. Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
NRT Mid-Atlantic LLC v. Peach, (D. Md. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

NRT MID-ATLANTIC LLC, d/b/a/ COLDWELL BANKER REALTY,

Plaintiff, Civil Action No. 1:25-cv-00899-ELH v.

WILLIAM PEACH, et al., Defendants.

MEMORANDUM OPINION Plaintiff NRT Mid-Atlantic LLC, d/b/a Coldwell Banker Realty (“Coldwell Banker” or “Coldwell”), filed suit against defendants William Peach, a former Coldwell Banker employee, and PenFed Realty, LLC, d/b/a Berkshire Hathaway HomeServices PenFed Realty (“PenFed”), where Peach now works. ECF 1. Coldwell Banker alleges that PenFed and Peach “coordinated” a “campaign of unfair competition involving PenFed’s poaching of Peach, a number of other former Coldwell Banker employees, and numerous real estate agents from Coldwell Banker.” Id. at 1. The Complaint asserts three claims: Breach of Contract, lodged against Peach (Count 1); Tortious Interference with Contract and Prospective Economic Advantage, lodged against PenFed (Count 2); and Civil Conspiracy, lodged against both defendants (Count 3). Id. at 29, 32, 33. Plaintiff appended three exhibits to its Complaint, pertaining to contracts between Peach and Coldwell Banker: the 2013 “Branch Manager Agreement” (ECF 1-1); the 2021 “Restrictive Covenants Agreement” (ECF 1-2); and the 2022 “Restrictive Covenant Agreement” (ECF 1-3). I shall refer to the agreements collectively as the “Peach Agreements.” Both PenFed and Peach have moved to dismiss the Complaint under Fed. R. Civ. P. 12(b)(6) for failure to state a claim. ECF 13 (Coldwell Banker); ECF 17 (Peach). Coldwell Banker opposes the motions (ECF 20), with a supporting memorandum. ECF 20-1. It claims that defendants’ “concerns are easily remedied with an amended complaint.” Id. at 3–4; see also id. at 26–27. PenFed and Peach replied. ECF 23; ECF 24. Defendants’ motions are pending.

Plaintiff has filed “Coldwell Banker’s Motion For Leave To File Amended Complaint”, pursuant to Fed. R. Civ. P. 15. ECF 25 (“Motion”). Plaintiff also filed its proposed First Amended Complaint (“FAC”). ECF 25-2; ECF 25-3 (redlined). PenFed opposes plaintiff’s Motion. ECF 26 (“Opposition”). Peach did not respond. Plaintiff replied to PenFed’s Opposition. ECF 27. No hearing is necessary to resolve the Motion. See Local Rule 105.6. For the reasons that follow, I shall grant the Motion. I. Factual Background1 Both Coldwell Banker and PenFed are real estate brokerage companies. ECF 1 at 4–6. Peach began working for Coldwell Banker in 1992 and later became a Regional Vice President and Branch Manager. Id. at 1, 6, 25. He resigned from Coldwell Banker on November 19, 2024, after 32 years of employment, and began working for PenFed. Id. at 25–26. According to plaintiff,

Peach and PenFed have collaborated in a scheme to compete unfairly against Coldwell Banker. Id. at 1–4. Plaintiff filed suit on March 18, 2025, about four months after Peach left the employment of Coldwell Banker. Id. Coldwell alleges that Peach violated three employment and shareholder agreements with Coldwell Banker. Id. at 7–25. According to plaintiff, these agreements are restrictive covenants that impose non-competition, non-disclosure, non-solicitation, non-

1 The factual summary is derived from the allegations in the Complaint. interference, and non-disparagement obligations on Peach. Id. at 7, 11–12, 17–25. Plaintiff claims that Peach’s “role and position at PenFed . . . requires him to perform the same or substantially similar duties [as those] he performed at Coldwell Banker,” in violation of his contractual obligations. Id. at 28, 30–31. In addition, plaintiff alleges that PenFed “has been hiring Coldwell Banker’s employees,

despite their restrictive covenants, since approximately January 2022.” Id. at 26. According to Coldwell Banker, Peach is one of 138 former Coldwell Banker agents who have been successfully recruited by PenFed. Id. at 28–29. Specifically, Coldwell Banker claims that “PenFed hired a former Regional Vice President, six Branch Managers, and Peach in late 2024.” Id. at 30. Coldwell also alleges that its contractual and business relationship with “real estate agents formerly and currently associated with Coldwell Banker” stems from Independent Contractor Agreements (“ICAs”). Id. at 32. Plaintiff claims that PenFed has “misused, and is misusing, the goodwill and relationships fostered by Coldwell Banker between its former managers and its real estate agents[.]” Id. at 26. Further, Coldwell alleges that PenFed’s actions have caused “losses

and/or damages, including but not limited to net lost profits” and irreparable harm, including to plaintiff’s “recruitment and retention efforts and momentum, workforce cohesion, morale, and other valuable intangible assets[.]” Id. at 31, 33–35. In its FAC, plaintiff includes additional factual allegations regarding defendants’ alleged unfair competition methods. ECF 25-3 at 30–38. Plaintiff has also revised its legal claims. Id. at 38–53. In the factual section of the FAC, Coldwell adds background information about the competitive nature of the real estate business and its relationship with PenFed. Id. at 9–10. Plaintiff also adds to its original description of PenFed’s alleged “campaign to unfairly compete with Coldwell Banker” by including several examples of unfair competition practices by managers and agents who have participated in this alleged scheme. Id. at 30–34. And, plaintiff supplements the description of misrepresentations allegedly made by Peach’s counsel. Id. at 35–37. Moreover, plaintiff adds the initials of 91 agents who PenFed “knew” it “had solicited away” from Coldwell Banker. Id. at 38. This is information that plaintiff also provided to defendants during discovery.

Id. 2 As to the legal claims, plaintiff makes three significant revisions. First, plaintiff adds an additional count against Peach, asserting “Breach of Fiduciary Duty” (FAC Count 2). Id. at 43– 44. Second, plaintiff has abandoned its civil conspiracy claim against both defendants. ECF 1 at 33–35. Third, plaintiff adds a claim against both defendants for “Unfair Competition” (FAC Count 4). ECF 25-3 at 50–53. In the FAC, plaintiff does not significantly revise the other two claims that are contained in its Complaint, asserting breach of contract against Peach (FAC Count 1) and tortious interference against PenFed (FAC Count 3). Id. at 38–42, 45–50. But, with regard to the breach

of contract claim, plaintiff added to its recitation of Maryland contract law the “four requirements . . . for enforcing restrictive covenants[.]” Id. at 39 (citing Allegis Grp., Inc. v. Bero, 689 F. Supp. 3d 81, 119–20 (D. Md. 2023) (Hollander, J.), aff’d, 2025 WL 2141298 (4th Cir. July 29, 2025)). As to its new factual allegations, Coldwell slightly altered its description of the confidential information Peach could access while working for plaintiff. ECF 25-3 at 39–40. Additionally, plaintiff claims that the restrictive covenants in Peach’s agreements with Coldwell “do not work an unreasonable hardship on him[.]” Id. at 40. Moreover, Coldwell provides the address of the

2 PenFed asserts that it did not consent to proceed with discovery and that plaintiff’s discovery requests were “premature.” ECF 26 at 9 n.3. PenFed office where Peach is allegedly based, along with a map to show that this location “is within the 50-mile geographic radius proscribed” in Peach’s 2022 Restrictive Covenant Agreement. Id. at 41. Coldwell also adds allegations that Peach “has violated” the “confidentiality and non-disclosure provisions of the Peach Agreements, by his misuse and/or misappropriation of Coldwell Banker’s confidential information” and that he “used, is using, or will use that

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