Shively v. Aci Learning Holdings, LLC

2025 NCBC 51
CourtNorth Carolina Business Court
DecidedAugust 27, 2025
Docket25-CVS-500
StatusPublished

This text of 2025 NCBC 51 (Shively v. Aci Learning Holdings, 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
Shively v. Aci Learning Holdings, LLC, 2025 NCBC 51 (N.C. Super. Ct. 2025).

Opinion

Shively v. ACI Learning Holdings, LLC, 2025 NCBC 51.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION UNION COUNTY 25CV000500-890

BRETT SHIVELY,

Plaintiff,

v. ORDER AND OPINION ON ACI LEARNING HOLDINGS, BOATHOUSE DEFENDANTS’ LLC; MIS TRAINING INSTITUTE MOTION TO DISMISS FOR LACK OF HOLDINGS, INC.; BOATHOUSE PERSONAL JURISDICTION AND CAPITAL CONTINUATION FUND, LP; BOATHOUSE FAILURE TO STATE A CLAIM AND CAPITAL LP; and DEFENDANTS ACI LEARNING BOATHOUSE CAPITAL III LP, HOLDINGS, LLC AND MIS TRAINING Defendants. INSTITUTE HOLDINGS, INC.’S MOTION TO DISMISS FOR LACK OF PERSONAL JURISDICTION

1. THIS MATTER is before the Court on (1) the 9 April 2025 filing of the

Boathouse Defendants’ Motion to Dismiss for Lack of Personal Jurisdiction and

Failure to State a Claim (the Boathouse Motion), (ECF No. 22 [Boathouse Mot.]); and

(2) the 23 April 2025 filing of Defendants ACI Learning Holdings, LLC and MIS

Training Institute Holdings, Inc.’s Motion to Dismiss for Lack of Personal Jurisdiction

(the ACI Motion; and with the Boathouse Motion, the Motions), (ECF No. 37 [ACI

Mot.]). Pursuant to Rule 12(b)(2) of the North Carolina Rules of Civil Procedure (the

Rule(s)), the Motions request dismissal of all claims in Plaintiff’s Complaint, (ECF

No. 3). (Boathouse Mot. 1; ACI Mot. 1.) The Boathouse Motion also requests

dismissal of the Complaint pursuant to Rule 12(b)(6). (Boathouse Mot. 1.) 2. For the reasons set forth herein, the Court DENIES the Motions.

Defendants are subject to personal jurisdiction in North Carolina, and Plaintiff has

sufficiently alleged that the Boathouse Defendants are parties to the SAR.

Parker Poe Adams & Bernstein LLP by Nicholas H. Lee, and Vedder Price P.C. by Jason B. Sobelman and Chad A. Schiefelbein, for Plaintiff.

Rayburn Cooper & Durham, P.A. by Ross R. Fulton and Lauren J. Schantz, and Ice Miller LLP by Aaron A. Nichols, for Defendants Boathouse Capital Continuation Fund, LP, Boathouse Capital LP, and Boathouse Capital III LP.

Gordon Rees Scully Mansukhani, LLP by Kendra Stark, Benjamin Williams, and Robert W.F. Beckmann, for Defendants ACI Learning Holdings, LLC and MIS Training Institute Holdings, Inc.

Robinson, Chief Judge.

I. INTRODUCTION

3. This action arises out of the termination of Plaintiff Brett Shively’s

(Plaintiff) employment with Defendant ACI Learning Holdings, LLC (ACI) and

Plaintiff’s execution of and attempt to enforce the provisions of a corresponding

severance agreement. Plaintiff alleges that Defendants ACI and MIS Training

Institute Holdings, Inc. (MIS; and together with ACI, the ACI Defendants), and

Defendants Boathouse Capital Continuation Fund, LP, Boathouse Capital LP, and

Boathouse Capital III LP (collectively, Boathouse or the Boathouse Defendants; and

together with the ACI Defendants, Defendants) failed to purchase his equity interests

in ACI pursuant to the severance agreement. II. FACTUAL BACKGROUND

4. Based on the Court’s review of the Complaint, the affidavits, and the

arguments presented at the hearing, the Court makes the following findings of fact

solely for the purpose of deciding the Motions to the extent they seek dismissal

pursuant to Rule 12(b)(2). See Soma Tech., Inc. v. Dalamagas, 2017 NCBC LEXIS 26,

at *13 (N.C. Super. Ct. Mar. 24, 2017).

A. The Parties

5. Plaintiff is a citizen of North Carolina. (Compl. ¶ 3, ECF No. 3 [Compl.];

Aff. Brett Shively Opp’n Boathouse Mot. ¶ 13, ECF No. 39.2 [1st Shively Aff.].)

6. ACI is a Delaware limited liability company with its principal place of

business in Colorado. (Compl. ¶ 5; Aff. Chong Moua Supp. ACI Mot. ¶ 4, ECF

No. 37.2 [2d Moua Aff.].)

7. MIS is a Delaware corporation with its principal place of business in

Colorado. (Compl. ¶ 6; 2d Moua Aff. ¶ 4.) In 2020, Boathouse Capital LP merged

MIS with another company known as LeaderQuest to form ACI. (Compl. ¶ 6; Aff.

Brett Shively Opp’n ACI Mot. ¶ 8, ECF No. 46.2 [2d Shively Aff.].) ACI provides

professional education services in the areas of internal audit, cybersecurity, and

information security management. (2d Shively Aff. ¶ 35.)

8. Boathouse Capital Continuation Fund, LP, Boathouse Capital LP, and

Boathouse Capital III LP are Delaware limited liability partnerships with their

principal places of business in Pennsylvania. (Compl. ¶¶ 7–9; Aff. Chong Moua Supp.

Boathouse Mot. ¶ 6, ECF No. 23.3 [1st Moua Aff.].) 9. Boathouse Capital LP is an investment company that provides debt and

equity to small businesses. (1st Moua Aff. ¶ 5.)

10. MIS hired Plaintiff in December 2019. (1st Shively Aff. ¶ 10.) Plaintiff was

the CEO of MIS when MIS and LeaderQuest merged. (1st Shively Aff. ¶ 9.) Plaintiff

remained as CEO of ACI until 1 August 2024. (Compl. ¶ 4; 1st Shively Aff. ¶ 6.)

11. At the time MIS hired Plaintiff, Plaintiff was a citizen of Illinois. (1st Moua

Aff. ¶ 21.) ACI’s records reflect that Plaintiff moved to North Carolina on 13 July

2023. (Boathouse Mot. Ex. C, ECF No. 23.4 [Emp. R.]; 1st Shively Aff. ¶ 15.) Plaintiff

informed ACI and Boathouse of his move to North Carolina in 2023. (1st Shively Aff.

¶ 15.)

12. Chong Moua (Mr. Moua) is the Chairman of ACI’s Board of Directors and

the Managing Partner of the Boathouse Defendants. (Compl. ¶ 11; 1st Moua Aff. ¶ 9.)

13. The Boathouse Defendants have no property or employees in North

Carolina. (1st Moua Aff. ¶¶ 12–13.) They are not registered to do business in North

Carolina, nor do they have an agent for service of process in North Carolina.

(1st Moua Aff. ¶¶ 7–8.)

14. ACI has no property in North Carolina, nor is it registered to do business

in North Carolina. (2d Moua Aff. ¶¶ 7–8.) ACI employed between five to ten

individuals in North Carolina while Plaintiff was its CEO. (2d Shively Aff. ¶ 37.) B. The Severance Agreement and Release

15. On 17 July 2024, Plaintiff attended a virtual meeting with Mr. Moua from

his home in North Carolina. During this meeting, Mr. Moua suggested that Plaintiff

resign as CEO of ACI. (1st Shively Aff. ¶¶ 17–18.)

16. After the meeting, Mr. Moua sent Plaintiff an email containing “an offer to

start the discussion” about the terms of a formal resignation package. Mr. Moua

proposed that one term of this resignation package be that “Boathouse will buy out

[Plaintiff’s] remaining equity.” Plaintiff emailed in response stating that he

“[g]enerally agree[d], high level,” but that “[d]etails obviously matter” and that a

formal offer should be written for his attorneys to review. (1st Shively Aff. Ex. 1 [July

Email Exch.].) Plaintiff negotiated the terms of the Severance Agreement and

Release (SAR) with Mr. Moua. (1st Shively Aff. ¶ 24.) Mr. Moua never traveled to

North Carolina to negotiate the SAR. (1st Moua Aff. ¶ 17.)

17. The SAR was executed on 26 July 2024. (Compl. ¶¶ 1, 14; see Compl Ex. A

[SAR].) Plaintiff executed the SAR first and did so on his own behalf while in North

Carolina. (1st Shively Aff. ¶ 23; Boathouse Defs.’ Reply Mem. Supp. Boathouse Mot.

Ex. D, ECF No. 45.2 [DocuSign Summ.].) Subsequently, Phillip Ford (Mr. Ford),

ACI’s Chief Human Resources Officer, executed the SAR on a signature line

appearing below the words “COMPANY: ACI LEARNING HOLDINGS, LLC.”

(SAR 6.) Mr. Ford executed the SAR while outside of North Carolina. (Aff. Phillip

Ford Supp. ACI Mot. ¶ 10, ECF No. 37.3 [Ford Aff.].) 18.

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Related

Shively v. ACI Learning Holdings, LLC
Supreme Court of North Carolina, 2026

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Bluebook (online)
2025 NCBC 51, Counsel Stack Legal Research, https://law.counselstack.com/opinion/shively-v-aci-learning-holdings-llc-ncbizct-2025.