Puckett v. Kpmg, LLP

2007 NCBC 2
CourtNorth Carolina Business Court
DecidedFebruary 13, 2007
Docket04-CVS-11289
StatusPublished

This text of 2007 NCBC 2 (Puckett v. Kpmg, LLP) 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
Puckett v. Kpmg, LLP, 2007 NCBC 2 (N.C. Super. Ct. 2007).

Opinion

Puckett v. KPMG, LLP, 2007 NCBC 2

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION COUNTY OF MECKLENBURG 04 CVS 11289

STEPHEN R. PUCKETT, BETH W. ) PUCKETT, and P IV LIMITED ) PARTNERSHIP, ) ) Plaintiffs, ) ) v. ) ORDER ) KPMG, LLP, WILLIAM L. SPITZ, ) WACHOVIA BANK, N.A., Successor ) by merger to FIRST UNION NATIONAL ) BANK, N.A., QA INVESTMENTS, LLC, ) QUELLOS GROUP, LLC, RALPH ) LOVEJOY, CAROLYN BRANNAN, ) and JEFFREY MARTIN, ) ) Defendants. ) ____________________________________)

Rudolf, Widenhouse & Fialko, P.A. by David S. Rudolf and Taylor, Penry, Rash & Riemann, P.L.L.C. by J. Anthony Penry for Plaintiffs Stephen R. Puckett, Beth W. Puckett, and P IV Limited Partnership.

Parker, Poe, Adams & Bernstein, L.L.P. by Deborah L. Edney and William L. Rikard, Jr. and Steptoe & Johnson, L.L.P. by Matthew Lerner and James Moorhead for Defendants QA Investments, LLC and Quellos Group, LLC.

Diaz, Judge.

{1} Before the Court is the Motion of Defendants QA Investments, LLC and Quellos Group,

LLC (collectively, “QA”) for a Protective Order pursuant to Rule 26(c) of the North Carolina

Rules of Civil Procedure (the “Motion”). Pursuant to Rule 15.4 of the General Rules of Practice

and Procedure for the North Carolina Business Court (the “Business Court Rules”), the Court

elects to rule on this discovery dispute without oral argument. After carefully reviewing the

Motion, the Plaintiffs’ response, and QA’s reply, the Court DENIES the requested relief. I.

FACTS

{2} The claims in this case arise out of certain investment strategies allegedly devised by the

Defendants to create tax shelters that Plaintiffs (and others similarly situated) utilized to offset

multi-million dollar capital gains on their tax returns. (Am. Compl. ¶¶ 16-20.)

{3} Plaintiffs Stephen R. Puckett, Beth W. Puckett, and P IV Limited Partnership filed their

Complaint on 25 June 2004. The Defendants removed the case to federal court, where it

remained for almost two years pending a ruling on Plaintiffs’ motion to remand. By agreement

of the parties, the case was remanded to Mecklenburg County state court in April 2006, where it

was subsequently designated an exceptional case and assigned to me. Plaintiffs amended their

Complaint on 21 November 2006.

{4} The Court entered a Case Management Order (the “CMO”) in this case on 8 September

2006. Among other things, the CMO requires that all parties or employees be made available for

deposition on ten days’ notice to counsel. (Case Management Order 7.) The CMO also requires

that fact discovery be completed by 31 May 2007. (Case Management Order 7.)

{5} On 11 December 2006, Plaintiffs noticed the depositions of four QA employees 1 for 20-

23 February 2007. (Mem. in Supp. of Mot. for Protective Order Ex. D.)

{6} In their opposition to the Motion, Plaintiffs state that each deposition will be finished in

one day. (Pls.’ Resp. to QA’s Mot. for Protective Order 7.) Before Plaintiffs served the

deposition notices, however, QA announced that it would be unavailable for depositions prior to

April 2007, stating that “QA is not available for depositions prior to April and will not agree to

any prior to April.” (Pls.’ Resp. to QA’s Mot. for Protective Order Ex. E.) The reason,

1 They include QA’s chief executive officer, chief financial officer, and a managing principal. (Mem. in Supp. of Mot. for Protective Order Ex. D.)

2 according to QA, is that it, and its lead counsel, are preparing for a 2 March 2007 trial in New

York in a dispute involving a different tax shelter strategy. (Mem. in Supp. of Mot. for

Protective Order 2-3.)

{7} In response to QA’s objection to the notices, Plaintiffs offered to reschedule the

depositions to dates in early February. (Pls.’ Resp. to QA’s Mot. for Protective Order Exs. J, K.)

Plaintiffs also offered to take the depositions at a location that would minimize the burden on

QA’s New York trial preparation. (Pls.’ Resp. to QA’s Mot. for Protective Order Ex. F.)

However, QA declined Plaintiffs’ offers, stating that “the depositions on the February dates do

not work, and the witnesses will not be appearing then.” (Pls.’ Resp. to QA’s Mot. for Protective

Order Ex. I.)

{8} When the case was first assigned to this Court on 22 May 2006, QA’s counsel of record

was Parker, Poe, Adams, & Bernstein, L.L.P. (“Parker Poe”), a firm with over 200 attorneys

practicing in six offices in North and South Carolina. On 31 January 2007, the Court granted

QA’s motion to admit pro hac vice attorneys Jonathan Drimmer, Matthew Lerner, and James

Moorhead, all of whom practice in the Washington, D.C. office of Steptoe & Johnson, L.L.P.

Steptoe & Johnson, L.L.P. is an international firm with over 450 attorneys practicing in eight

offices in the United States and abroad.

II.

RULING

{9} Rule 26(c) of the North Carolina Rules of Civil Procedure allows the Court, for good

cause shown, to grant a party relief from discovery so as to prevent “unreasonable annoyance,

embarrassment, oppression, or undue burden or expense[.]” N.C.G.S. §1A-1, Rule 26(c) (2007).

A decision to grant or deny relief pursuant to Rule 26(c) is within the Court’s sound discretion.

3 Ritter v. Kimball, 67 N.C. App. 333, 335, 313 S.E.2d 1, 2 (1984); Williams v. State Farm Mut.

Auto. Ins. Co., 67 N.C. App. 271, 273, 312 S.E.2d 905, 907 (1984).

{10} The Court declines to exercise its discretion here. QA is correct that the Business Court

Rules seek to promote good faith cooperation among parties and their lawyers with respect to the

conduct of discovery. Where the parties, however, fail to agree on the scheduling of depositions,

the CMO intentionally provides a default requirement—that is, that all parties and their

employees will be made available on ten days’ notice to counsel.

{11} In this case, Plaintiffs provided counsel with 60 days’ notice of the dates that they

intended to depose the four QA employees. (See Mem. in Supp. of Mot. for Protective Order Ex.

D.) And although I agree that the Court’s deposition notice rule is not absolute and must yield

where justice requires, QA has failed to demonstrate sufficient good cause to warrant relief.

{12} In the first place, QA drew an unreasonable line in the sand on 30 November 2006 when

it refused to accede to the taking of any depositions until April 2007, particularly in light of the

31 May 2007 deadline for the completion of fact discovery. Second, Plaintiffs were willing to

take the contested depositions earlier in February to provide QA some breathing room for its

March trial date, an offer that QA rejected. (Pls.’ Resp. to QA’s Mot. for Protective Order Exs.

J, K.) Third, QA also rejected out of hand Plaintiffs’ offer to minimize the burden of the

depositions by agreeing to a location of QA’s choosing, opting instead to trumpet its insistence

that the QA employees would not be appearing as required by the CMO. (Pls.’ Resp. to QA’s

Mot. for Protective Order Ex. I.) As a result, the Court has little sympathy for QA’s assertion

that the deposition dates are unduly burdensome.

{13} The Court does not doubt that the QA employees to be deposed in this case have other

important duties. However, this case is important too, and QA’s vague assertions of harm do not

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Related

Williams v. State Farm Mut. Auto. Ins. Co.
312 S.E.2d 905 (Court of Appeals of North Carolina, 1984)
Ritter v. Kimball
313 S.E.2d 1 (Court of Appeals of North Carolina, 1984)
Williams v. State Farm Mutual Automobile Insurance
312 S.E.2d 905 (Court of Appeals of North Carolina, 1984)

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2007 NCBC 2, Counsel Stack Legal Research, https://law.counselstack.com/opinion/puckett-v-kpmg-llp-ncbizct-2007.