Smith v. Hatteras/Cabo Yachts, LLC

CourtDistrict Court, E.D. North Carolina
DecidedJune 14, 2021
Docket4:20-cv-00212
StatusUnknown

This text of Smith v. Hatteras/Cabo Yachts, LLC (Smith v. Hatteras/Cabo Yachts, LLC) is published on Counsel Stack Legal Research, covering District Court, E.D. North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Smith v. Hatteras/Cabo Yachts, LLC, (E.D.N.C. 2021).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF NORTH CAROLINA EASTERN DIVISION Case No. 4:20-cv-00212-M LAWRENCE SMITH, ) Plaintiff, v. ORDER HATTERAS/CABO YACHTS, LLC, Defendant. ;

This matter is before the court on Defendant’s Motion to Dismiss Count II of Plaintiff's Complaint Pursuant to Fed. R. Civ. P. 12(b)(6) [DE 16]. The parties have stipulated—and the court agrees—that the recently filed Amended Complaint [DE 34], which added allegations concerning the court’s subject-matter jurisdiction, does not render the motion moot. Defendant contends that Plaintiff fails to state a plausible claim for violation of North Carolina’s Unfair and Deceptive Trade Practices Act (“UDTPA”), which is set forth in Count II of the pleading. Plaintiff counters that his allegations, taken as true, are sufficient to state a plausible claim against the Defendant. For the reasons that follow, Defendant’s motion is granted. I. Background A. Plaintiff's Factual Allegations The following are factual allegations (as opposed to statements of bare legal conclusions, unwarranted deductions of fact, or unreasonable inferences) made by the Plaintiff in the operative Amended Complaint (DE 34), which the court must accept as true at this stage of the proceedings pursuant to King v. Rubenstein, 825 F.3d 206, 212 (4th Cir. 2016).

On August 7, 2019, Plaintiff entered into a Purchase Agreement (the “Agreement”) with the Defendant for the construction and purchase of a 2021 model Hatteras M98 Hull 101 (“Vessel”). The purchase price under the Agreement, $10,100,00.00, was to be paid in multiple installments. The first two installments of $1,010,000.00 and $1,515,000.00 were timely paid by Plaintiff on August 8, 2019 and January 23, 2020, respectively. The Agreement provides that the “Estimated Delivery Date” for the Vessel was to be approximately February 15, 2021. This date was subject to modification due to change orders, but no change orders were ever issued. Clause 20 of the Agreement provides as follows: FORCE MAJEURE. Notwithstanding any other provision of this Agreement, Builder shall have no liability for, and shall not be deemed to be in default, under this Agreement as a result of any nonperformance or delay in performance caused by circumstances beyond Builder’s control including, but not limited to, acts of God, fire, flood, war, government action, labor trouble or shortage, inability to obtain materials, equipment or transportation, or failure of Builder’s suppliers to furnish goods. In the event the accumulated time related to such an event or events exceeds 120 days, Builder and Purchaser each have the right to rescind the contract, whereupon the Purchaser shall be entitled by written election made within 7 days of rescission to either: a. to take and complete the Yacht without further liability to the Builder; or b. to require repayment of all deposits paid by the Purchaser to the Builder. Upon the exercise of either option, all further obligations under this Agreement are deemed satisfied. On March 23, 2020, a representative and/or employee and/or agent of the Defendant, Thomas Sanders, advised the Plaintiff that due to the COVID-19 pandemic, the manufacturing building was closed as of March 20, 2020 and would remain closed. On June 18, 2020, Mr. Sanders advised Plaintiff that the manufacturing building had reopened on May 26, 2020. Thus, the manufacturing building was shut down for sixty-seven days, during which no work was done on the Vessel.

On July 9, 2020, Mr. Sanders forwarded to Plaintiff an Amendment to the Purchase Agreement (“Amendment”). The Amendment reflected a new estimated delivery date of October 25, 2021. The new estimated delivery date was more than eight months after the delivery date in the original Agreement. The Amendment cited Executive Order 12, issued by the Governor of the State of North Carolina, mandating the closure of non-essential businesses due to COVID-19 as the cause for the delay in delivery. Pursuant to Clause 20 of the Agreement, on July 20, 2020, Plaintiff exercised his right to rescind the Agreement. Plaintiff notified Defendant in writing that he was pursuing option (b) under Clause 20 of the Agreement and demanded repayment of all deposits paid by the Purchaser/Plaintiff to the Builder/Defendant, which totaled $2,525,000.00. All conditions precedent to the Plaintiffs right to rescind the contract were duly satisfied. To date, Defendant has not paid the amount due nor provided a meaningful response to Plaintiff's demand. In accordance with Clause 17, the Mediation Clause of the Agreement, Plaintiff and Defendant engaged in mediation pursuant to the Rules of the American Arbitration Association, but on November 5, 2020, the mediator declared an impasse. B. Procedural History Based on these allegations, Plaintiff initiated this action on November 16, 2020. DE 1. In lieu of an Answer, Defendants filed the present motion on December 28, 2020 seeking dismissal of Count II for the Plaintiff's purported failure to allege a plausible UDTPA claim. Plaintiff counters that his allegations, taken as true, plausibly assert the claim and that the cases on which Defendant relies primarily involve Rule 56 analyses or, otherwise, are inapposite. Defendant replies that its cases are strikingly similar to this case and Plaintiffs proffered cases are not. I. Legal Standards When considering a Rule 12(b)(6) motion to dismiss, the court must accept as true all of

the well-pleaded factual allegations contained within the complaint and must draw all reasonable inferences in the plaintiffs favor, Hall v. DIRECTV, LLC, 846 F.3d 757, 765 (4th Cir. 2017), but any legal conclusions proffered by the plaintiff need not be accepted as true, Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (“[T]he tenet that a court must accept as true all of the allegations contained in a complaint is inapplicable to legal conclusions. Threadbare recitals of the elements of a cause of action, supported by mere conclusory statements, do not suffice.”). The /gbal Court made clear that “Rule 8 marks a notable and generous departure from the hypertechnical, code-pleading regime of a prior era, but it does not unlock the doors of discovery for a plaintiff armed with nothing more than conclusions.” Jd. at 678-79. To survive a Rule 12(b)(6) motion, the plaintiffs well-pleaded factual allegations, accepted as true, must “state a claim to relief that is plausible on its face.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007). Twombly’s plausibility standard requires that a plaintiffs well-pleaded factual allegations “be enough to raise a right to relief above the speculative level,” i.e., allege “enough fact to raise a reasonable expectation that discovery will reveal evidence of illegal [conduct].” Jd. at 555-56. A speculative claim resting upon conclusory allegations without sufficient factual enhancement cannot survive a Rule 12(b)(6) challenge. /gbal, 556 U.S. at 678— 79 (“where the well-pleaded facts do not permit the court to infer more than the mere possibility of misconduct, the complaint has alleged--but it has not ‘show[n]’--‘that the pleader is entitled to relief.’” (quoting Fed. R. Civ. P. 8(a)(2)); Francis v. Giacomelli, 588 F.3d 186, 193 (4th Cir.

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Bluebook (online)
Smith v. Hatteras/Cabo Yachts, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/smith-v-hatterascabo-yachts-llc-nced-2021.