Ozone International LLC v. Wheatsheaf Group US Inc

CourtDistrict Court, W.D. Washington
DecidedMay 27, 2020
Docket3:19-cv-06155
StatusUnknown

This text of Ozone International LLC v. Wheatsheaf Group US Inc (Ozone International LLC v. Wheatsheaf Group US Inc) is published on Counsel Stack Legal Research, covering District Court, W.D. Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ozone International LLC v. Wheatsheaf Group US Inc, (W.D. Wash. 2020).

Opinion

1 HONORABLE RONALD B. LEIGHTON 2 3 4

5 6 UNITED STATES DISTRICT COURT WESTERN DISTRICT OF WASHINGTON 7 AT TACOMA 8 OZONE INTERNATIONAL, LLC, CASE NO. C19-6155RBL 9 Plaintiff, ORDER 10 v. 11 WHEATSHEAF GROUP US, INC., a Delaware corporation, BROMLEY 12 BEADLE, JAMES YOUNG, ANTHONY JAMES, and SYLVIO 13 PETTO NETO, 14 Defendants. 15

THIS MATTER is before the Court on Defendants’ Motion to Dismiss or Stay Pending 16 Decision in Related Lawsuit [Dkt. #12]. The Court has reviewed the materials filed in this action 17 and the materials filed in the closely-related case, Cause No. C19-1108RAJ, because each case 18 has its genesis in the same bundle of facts. Oral argument is not necessary. For the following 19 reasons, the Motion to Dismiss is GRANTED IN PART AND DENIED IN PART. The 20 Motion to Stay is DENIED as moot. On the Court’s own motion, this case will be transferred to 21 Judge Richard A. Jones of the Seattle Division for further management of both cases. 22 23 24 1 I. PROCEDURAL HISTORY 2 A. Ozone I (Cause No. C19-1108RAJ). 3 In July 2019, Ozone International sued Wheatsheaf Group Ltd (Wheatsheaf)1 for breach 4 of contract in U.S. District Court for the Western Washington in Seattle. The parties’ Asset

5 Purchase Agreement (APA) provides jurisdiction and venue in federal or state courts located in 6 Seattle. The APA reflects and governs Wheatsheaf’s agreement to purchase Ozone’s assets 7 through U.S. subsidiaries. Ozone also asserted Fraud, Negligence Misrepresentation and 8 Declaratory Judgment claims. It alleges that declaring that Wheatsheaf’s subsidiaries, 9 Wheatsheaf Group US Inc. (WGUS) (incorporated in Delaware and headquartered in Minnesota) 10 and Wheatsheaf Group US Food Safety LLC d/b/a TriStrata (TriStrata) (incorporated in 11 Delaware and based in Washington) are dominated and controlled by Wheatsheaf. 12 Ozone simultaneously filed a Motion for Temporary Restraining Order [Dkt. #3], which 13 Judge Jones promptly denied. [Dkt. #13]. On September 9, 2019 Wheatsheaf filed a Motion for 14 Partial Summary Judgment [Dkt. #21], and on October 17, 2019 it moved to stay discovery

15 pending resolution of its Summary Judgment motion. [Dkt. #30]. Judge Jones denied 16 Wheatsheaf’s Motion for Partial Summary Judgment without prejudice [Dkt. #37 – May 6, 2020] 17 and granted Ozone’s Rule 56(d) request for additional discovery. He denied Wheatsheaf’s 18 motion to stay discovery as moot. The parties are now presumably mapping out future discovery 19 in that case. 20 21 22 1 The Court has endeavored to use common-sense, consistent shorthand names for the players in the two cases. That 23 effort is hampered by the fact that some names are similar and the fact the parties have used differing shorthand names. “Wheatsheaf” is the UK parent. “WGUS” is Wheatsheaf’s Minnesota-based U.S. subsidiary, and “Tri- 24 Strata” is the WGUS subsidiary that purchased both Ozone and Purfresh. 1 B. Ozone II (Cause No. 19-6155RBL). 2 On November 27, 2019, Ozone commenced this action against WGUS and four TriStrata 3 officers or Directors. Ozone is incorporated in Washington and headquartered on Bainbridge 4 Island, Kitsap County, Washington. The Complaint was filed in the Seattle Division of the

5 District of Western Washington. Ozone failed to inform the Court of the case’s connection to 6 Ozone I, a case to which it is clearly related. The Seattle Clerk opening the case recognized that 7 Ozone had selected the incorrect divisional office; cases arising in Kitsap County are properly 8 assigned to the Tacoma Division. And, because there was no indication that there was a related 9 case in Seattle, the clerk’s office redirected Ozone II to this judge. 10 Ozone invokes the Court’s diversity jurisdiction, 28 U.S.C. § 1332(a). Ozone is 11 domiciled Washington and WGUS is domiciled in Minnesota. The individual defendants— 12 Bromley Beadle, James Young, Anthony James, and Sylvio Neto (TriStrata’s officers and 13 Directors)—are citizens of California, Arkansas, United Kingdom, and Minnesota. Ozone alleges 14 violations of the Uniform Voidable Transfers Act (RCW 19.40.041(1)(a), 19.40.051(1), and

15 19.40.051(2)) and Breach of Fiduciary Duties. The claims in this second case do not directly 16 arise out of a contract to which Ozone is a party. 17 II. FACTS 18 A. Ozone I. 19 The facts of Ozone I are taken verbatim from Judge Jones’ decision denying the 20 Defendants’ Motion for Summary Judgment [Dkt. #37 in that case]: 21 Plaintiff, Ozone International, LLC (Ozone) is a Washington-based company that 22 developed an ozone machine that significantly extends the shelf life of food and beverage 23 products. Dkt. # 4 at ¶ 1. In 2016, Ozone began discussions with Defendant, Wheatsheaf Group

24 Ltd. (“Wheatsheaf”), a private limited company based in the United Kingdom, regarding 1 Wheatsheaf’s potential acquisition of Ozone. Id. at ¶ 3. For the purposes of facilitating the deal, 2 Wheatsheaf created two subsidiaries: Wheatsheaf Group US Inc. (“WGUS”), a Delaware 3 corporation with a principal place of business in Minnesota, and Wheatsheaf Group US Food 4 Safety LLC d/b/a TriStrata (“TriStrata”), a Delaware limited liability corporation based in

5 Washington. Dkt. # 4, Ex. F. 6 On August 17, 2017, Ozone entered into an Asset Purchase Agreement (“APA”) with 7 TriStrata whereby TriStrata acquired a substantial number of Ozone’s assets, excluding certain 8 contracts (“the Excluded Contracts”) which Ozone retained ownership over. Dkt. #1-1, Ex. A. 9 Wheatsheaf (TriStrata’s parent company) was also a party to the APA “solely for the purposes of 10 Section 6.05 and any provisions of Article I, Article IX, and Article XI as they relate to Section 11 6.05.” Id. Section 6.05 provides: “Buyer has sufficient cash on hand or other sources of 12 immediately available funds to enable Buyer to make payment of the Purchase Price and 13 consummate the transactions contemplated by this Agreement.” Id. Later in Section 6.07 of the 14 APA, TriStrata represented that it would “be able to pay its debts as they become due” and that

15 “[i]n connection with the transactions contemplated hereby, Buyer has not incurred, and has no 16 plans to incur, debts beyond its ability to pay as they become absolute and matured.” Id. 17 In addition to the APA, TriStrata and Ozone also entered into a Transition Services 18 Agreement (“TSA”), providing for the transition of Ozone’s business to TriStrata over a period 19 of time. Dkt. #1-1, Ex. B. Under Section 3.04 of the TSA, TriStrata agreed to pay a “Transfer 20 Price” for any Excluded Contract where the customer entered into a new contract with TriStrata. 21 Dkt. #1-1, Ex. B. The parties also agreed to cooperate in good faith to set a Transfer Price for the 22 contracts. Id. Customer contracts began to transfer from Ozone to TriStrata in January 2018 and 23 since then 25 contracts have transferred to TriStrata. Dkt. # 26 at ¶ 1. However, the parties have

24 1 not yet negotiated a final Transfer Price for any of the contracts and TriStrata has not paid for 2 any of the contracts. Id. 3 During the transfer process, TriStrata also agreed to service the Excluded Contracts and, 4 in exchange, Ozone agreed to pay TriStrata a service fee. Dkt. #1-1, Ex. B, § 4.02. The total

5 purchase price ($9.9 million) included a $1.5 million reserve to allow Ozone to pay TriStrata for 6 its continued servicing of the Excluded Contracts under the TSA. Dkt. # 11 at ¶ 12. Ozone 7 maintains that the parties understood that the funds for Ozone to continue operating would come 8 from the Transfer Price payments. Dkt. # 26 at ¶ 1.

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Ozone International LLC v. Wheatsheaf Group US Inc, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ozone-international-llc-v-wheatsheaf-group-us-inc-wawd-2020.