Richardson v. Utili-Serve, LLC

2020 NCBC 83
CourtNorth Carolina Business Court
DecidedNovember 17, 2020
Docket20-CVS-1429
StatusPublished

This text of 2020 NCBC 83 (Richardson v. Utili-Serve, LLC) 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
Richardson v. Utili-Serve, LLC, 2020 NCBC 83 (N.C. Super. Ct. 2020).

Opinion

Richardson v. Utili-Serve, LLC, 2020 NCBC 83.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION CATAWBA COUNTY 20 CVS 1429

JASON T. RICHARDSON; JAMES COLE RICHARDSON; and PARKER H. RICHARDSON, ORDER AND OPINION ON DEFENDANTS’ MOTIONS TO Plaintiffs, DISMISS AND FOR RULE 11 SANCTIONS AND ON PLAINTIFFS’ v. MOTION FOR SUMMARY AND EXPEDITED RELIEF OR FOR UTILI-SERVE, LLC and CLIFFORD PRELIMINARY INJUNCTION LEE DIETRICH,

Defendants.

1. Jason, James, and Parker Richardson are members of Utili-Serve, LLC.

They suspect Utili-Serve’s fourth member and only manager, C. Lee Dietrich, of

self-dealing and mismanagement. To investigate, the Richardsons made a demand

to inspect the company’s records and audit its books. Utili-Serve mostly refused the

demand, prompting the Richardsons to file this action and seek a court-ordered

inspection and audit.

2. The parties have filed dueling motions. Dietrich and Utili-Serve ask the

Court to dismiss the complaint and award sanctions. The Richardsons request either

summary relief or a preliminary injunction requiring Utili-Serve to turn over the

requested records and to permit an audit. For the following reasons, the Court

DENIES Dietrich and Utili-Serve’s motions and GRANTS in part and DENIES in

part the Richardsons’ motion.

Ellis & Winters LLP, by Curtis J. Shipley, Andrew S. Chamberlin, and Scottie Forbes Lee, for Plaintiffs Jason T. Richardson, James Cole Richardson, and Parker H. Richardson. Shumaker, Loop & Kendrick, LLP, by Frederick M. Thurman, Jr., for Defendant Utili-Serve, LLC.

Bell Davis & Pitt, by Marc E. Gustafson, for Defendant Clifford Lee Dietrich.

Conrad, Judge.

I. BACKGROUND

3. The following background is drawn from the allegations of the complaint

and its attachments.

4. Utili-Serve provides electrical utility services to energy suppliers. (See

Compl. ¶ 12, ECF No. 12.) It has four members, divided into two classes. Dietrich is

the sole Class A member, owns 51% of the company, and serves as its manager. The

Richardsons are Class B members and collectively own the remaining 49%. (See

Compl. ¶ 13.)

5. Much of this dispute has to do with the difference between Class A and Class

B membership. When the members revised Utili-Serve’s operating agreement in

2017, they agreed that “Class A Members” (meaning Dietrich) “shall have all voting

rights on all matters” and that “Class B Members” (meaning the Richardsons) “shall

not have any vote in the conduct or management of the business or affairs of”

Utili-Serve. (Compl. Ex. 1 § 2.1 (“Member”), ECF No. 3.1 [“Op. Agrmt.”].) In another

section, they further agreed that “no amendment to this Agreement . . . will be valid

or binding . . . unless in writing and signed by the Manager and by the Members

holding at least a Majority in Interest of the Class A Members” (again meaning

Dietrich). (Op. Agrmt. § 11.4.) 6. Though not allowed a say in company management, Class B members

retained the right to their share of distributions and a limited right to transfer their

interests. (See Op. Agrmt. §§ 7.1, 8.1.) They also gained broad inspection and audit

rights. Section 11.1 allows that “[e]ach Member, at such Member’s expense, may

inspect and make copies of the records maintained by the Company and may require

an audit of the books of account maintained by the Company to be conducted by

independent accountants for the Company.” (Op. Agrmt. § 11.1.)

7. Controversy flared up in late 2019. The Richardsons began questioning

Dietrich about suspected self-dealing and other mischief, which he denies. (See

Compl. ¶ 16.) Then Dietrich proposed changing the company’s tax status, drawing a

protest from the Richardsons that doing so would run afoul of the operating

agreement and devalue their interests. (See Compl. ¶¶ 14, 18.) Dietrich made the

change anyway. (See Compl. ¶ 18.) 1

8. A few months later, the Richardsons made a written demand to inspect

Utili-Serve’s records and to audit its books under section 11.1 of the operating

agreement and N.C.G.S. § 57D-3-04. (See Compl. ¶ 19; Compl. Ex. 2 at 1, 6–7, ECF

No. 3.2.) They specified thirty-eight categories of requested records, ostensibly to

ascertain the company’s financial condition, to investigate self-dealing and other

1 Dietrich claims that he amended Utili-Serve’s operating agreement in January 2020 to

permit or ratify the change in tax status. This document, which is attached to the motion to dismiss, is signed only by Dietrich and states that it is “effective as of the Effective Date without the need for its execution by any of the Class B Members.” (Defs.’ Ex. 1 at p.16 n.*, ECF No. 9.) The Richardsons say that this is the first time they’ve seen an executed copy. (See Pls.’ Opp’n to Mots. to Dismiss & for Sanctions 4 n.1, ECF No. 14 [“Pls.’ MTD Opp’n”].) This amendment, if valid, does not alter the relevant terms of the operating agreement, and neither side has suggested that it has any effect on the asserted claims or pending motions. improprieties by Dietrich, and to determine the value of the members’ interests. (See

generally Compl. Ex. 2.) Dated May 1, 2020, the letter called for a response within

two weeks. (Compl. Ex. 2 at 7.)

9. Utili-Serve responded on May 12. (Compl. ¶ 20; see also Compl. Ex. 3, ECF

No. 3.3.) It stated that, after receiving the demand, Dietrich “determine[d] it is in the

Company’s best interest to amend” section 11.1 of the operating agreement. (Compl.

Ex. 3 at 3.) Without notice to the Richardsons and without their consent, Dietrich

rewrote section 11.1 to eliminate the Class B members’ audit right altogether and to

narrow their inspection right so that it mirrors section 57D-3-04(a). (See Compl. ¶ 20;

Compl. Ex. 3 at 5–7.) 2 On that basis, the company agreed to produce a few

documents—the articles of organization, some financial statements, and one or two

others—but said the rest were “not within the scope of N.C.G.S. § 57D-3-04” and

therefore not open to inspection or audit. (Compl. Ex. 3 at 3.)

10. Believing that Utili-Serve’s response was designed “to prevent them from

investigating potential mismanagement,” the Richardsons sued. (Compl. ¶ 21.) They

ask the Court to exercise its mandamus power to compel an inspection of the

requested records. (See Compl. ¶ 27.) In addition, they claim that the denial of their

inspection and audit demand and the unilateral amendment of section 11.1 are

breaches of the operating agreement, the implied duty of good faith and fair dealing,

and Dietrich’s fiduciary duties. (See Compl. ¶¶ 32, 36, 40, 41.)

2 Exhibit 3 contains two documents: Utili-Serve’s response letter and the amendment to section 11.4. Pincites are to the .pdf document page numbers, not those of the individual documents. 11. Dietrich and Utili-Serve have moved to dismiss the complaint for failure to

state a claim under Rule 12(b)(6) of the North Carolina Rules of Civil Procedure. They

have also sought sanctions under Rule 11. (ECF No. 8.) The Richardsons oppose

those motions and have moved for a summary order or a preliminary injunction

compelling an inspection and an audit. (ECF No. 15.)

12. The motions have been fully briefed, and the Court held a hearing on

October 6, 2020. These matters are ripe for determination.

II. DEFENDANTS’ MOTIONS

13. The motion to dismiss, if granted, would resolve all issues, and so it is the

natural place to start.

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2020 NCBC 83, Counsel Stack Legal Research, https://law.counselstack.com/opinion/richardson-v-utili-serve-llc-ncbizct-2020.