The Petram Group, LLC v. Purified Resource Partners

CourtDistrict Court, N.D. Iowa
DecidedApril 25, 2025
Docket5:25-cv-04002
StatusUnknown

This text of The Petram Group, LLC v. Purified Resource Partners (The Petram Group, LLC v. Purified Resource Partners) is published on Counsel Stack Legal Research, covering District Court, N.D. Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
The Petram Group, LLC v. Purified Resource Partners, (N.D. Iowa 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF IOWA WESTERN DIVISION

THE PETRAM GROUP, LLC. and GLORIA SWOYER,

Plaintiffs, No. C25-4002-LTS-MAR vs. MEMORANDUM PURIFIED RESOURCE PARTNERS, OPINION AND ORDER

Defendant.

I. INTRODUCTION This matter is before me on a motion (Doc. 11) to dismiss Count III of the complaint (Doc. 1) pursuant to Federal Rule of Civil Procedure 12(b)(6) filed by defendant Purified Resource Partners (Purified). Plaintiffs The Petram Group, LLC (Petram), and Gloria Swoyer (Swoyer) have filed a resistance (Doc. 13) and Purified has filed a reply (Doc. 14).

II. BACKGROUND Plaintiffs filed the complaint on January 13, 2025. They allege that they are parties to two contracts, as follows: 1. On July 10, 2024, Petram received an executed purchase and sales agreement (PSA) from Swoyer regarding the purchase of minerals contained in Lots 3 and 4 of Section 6, Township 24 North, Range 59 East, M.P.M., Richland, County, Montana (Section 6). 2. On July 24, 2024, Petram received an executed PSA from Swoyer regarding the purchase of minerals contained in E/2NW of Section 7, Township 24 North, Range 59 East, M.P.M., Richland County, Montana (Section 7). Doc. 1 at 3, ¶¶ 9, 12. Plaintiffs further allege that on August 16, 2024, Purified recorded a “Mineral and Royalty Deed” purporting to exercise ownership of the minerals contained within Sections 6 and 7, an action that took plaintiffs by surprise. Id. at 4, ¶ 21. The complaint asserts three counts: Quiet Title to the Minerals (Count I), Declaratory and Injunctive Relief (Count II) and Tortious Interference with Contract (Count III). Plaintiffs contend that federal jurisdiction is proper under 28 U.S.C. § 1332, as the parties are citizens of different states and the amount in controversy exceeds $75,000. Id. at 2, ¶ 4. Additionally, they allege that venue is proper under 28 U.S.C. § 1391 because a substantial part of the events or omissions that gave rise to the plaintiffs’ claims occurred in the Northern District of Iowa. Id. at ¶ 6. Plaintiffs offer the following factual allegations in support of their claims: 9. On July 10, 2024, Petram received from Swoyer an executed PSA for the Minerals in Section 7 and an executed Mineral Deed transferring the Minerals in Section 7 to Petram.

10. Section 1.3 of the July 10, 2024 PSA requires that, within ten business days of Petram receiving an executed copy of the PSA, Petram must make a $5,000 earnest money payment to Swoyer. On July 22, 2024, Petram sent an earnest money payment of $5,000 to Swoyer.

11. On the same day, July 10, 2024, Petram sent a separate written offer to purchase the Minerals in Section 6 to Swoyer by overnight mail. The PSA Petram mailed on July 10, 2024 offered to purchase 22.59 net mineral acres in Section 6 for $126,504.

12. On July 24, 2024, Petram received from Swoyer an executed PSA for the Minerals in Section 6.

13. Section 1.3 of the July 24, 2024 PSA requires that, within ten business days of Petram receiving an executed copy of the PSA, Petram must make a $5,000 earnest money payment to Swoyer. On August 5, 2024, Petram made an earnest money payment of $5,000 to Swoyer.1

14. By letter dated July 10, 2024, Purified mailed Ms. Swoyer an offer to purchase the Minerals. Purified offered to purchase the Minerals from Swoyer for $106,500 – less than half of the offer Swoyer accepted from Petram for the same minerals. The Purified Deed was included in the materials that Purified mailed to Swoyer on or about July 10, 2024.

15. On August 6, 2024, Swoyer executed the Purified Deed. At the time she executed the Purified Deed, Swoyer mistakenly believed that the Purified Deed was associated with her sale of the Minerals to Petram. Swoyer returned the Purified Deed with wire instructions for payment to Purified in a pre-addressed green envelope that was included with the offer materials Purified had sent to Swoyer.

16. Swoyer never executed a PSA with Purified. Nor has Swoyer accepted any payment from Purified for the Minerals.

20. On April 14, 2024,2 Petram transmitted payment by wire to Swoyer: (i) $112,000 for the Minerals in Section 7; and (ii) $126,504 for the Minerals in Section 6.

21. On August 16, 2024, Purified recorded the Purified Deed in the Richland County property records at Reception No. 622819.

1 Plaintiffs do not specify whether the earnest money payment applies to Section 6 or 7. The complaint later states: “On August 5, 2024, Petram made a $5,000 earnest money payment to Swoyer, consistent with the terms of the July 10, 2024 PSA [Section 7].” Doc. 1 at 6, ¶ 34 (emphasis added). This appears to be a typographical error. I assume that plaintiffs intended to state that the $5,000 earnest money payment was consistent with the terms of the July 24, 2024, PSA (Section 6), as they previously alleged that on July 22, 2024, Petram sent Swoyer the $5,000 earnest money payment, consistent with the July 10, 2024, PSA (Section 7). Id. ¶ 33. It would not make sense for plaintiffs to have made two earnest money payments for the same property.

2 This appears to be a typographical error. I assume plaintiffs meant August 14, 2024, as Petram and Swoyer did not agree to a sale of the minerals until July 2024. This inference is supported by plaintiffs’ resistance (Doc. 13), which states that on August 14, 2024, Petram wired Swoyer $238,504 for the minerals. Id. at 4. 22. On August 19, 2024, Petram recorded its deed to the Minerals – the deed received from Swoyer on August 13, 2024 – in the Richland County property records at Reception No. 622858.

24. On or about August 26, 2024, Swoyer received a check in the amount of $106,500 from Purified. Swoyer did not cash the check.

Doc. 1 at 2-5. Purified filed its motion to dismiss on February 13, 2025.

III. APPLICABLE STANDARDS A. Rule 12(b)(1) Standards Rule 12(b)(1) permits a party to seek dismissal for lack of subject matter jurisdiction. Fed. R. Civ. P. 12(b)(1). The federal courts are courts of limited jurisdiction that “have only the power that is authorized by Article III of the Constitution and the statutes enacted by Congress pursuant thereto.” Marine Equip. Management Co. v. United States, 4 F.3d 643, 646 (8th Cir. 1993). The Federal Rules of Civil Procedure authorize a motion to dismiss a complaint due to a lack of subject matter jurisdiction. Fed. R. Civ. P. 12(b)(1). The burden of proving subject matter jurisdiction is on the plaintiff. V S Ltd. Partnership v. Dept. of Housing and Urban Development, 235 F.3d 1109, 1112 (8th Cir. 2000) (citing Nucor Corp. v. Nebraska Pub. Power Dist., 891 F.2d 1343, 1346 (8th Cir. 1989)).

B. Rule 12(b)(6) Standards The Federal Rules of Civil Procedure authorize a pre-answer motion to dismiss for “failure to state a claim upon which relief can be granted.” Fed. R. Civ. P. 12(b)(6).

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Zutz v. Nelson
601 F.3d 842 (Eighth Circuit, 2010)
Fall v. Eastin
215 U.S. 1 (Supreme Court, 1909)
Erie Railroad v. Tompkins
304 U.S. 64 (Supreme Court, 1938)
Papasan v. Allain
478 U.S. 265 (Supreme Court, 1986)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Reed v. State of New Mexico
236 F.3d 588 (Tenth Circuit, 2000)
Hart v. United States
630 F.3d 1085 (Eighth Circuit, 2011)
Perry v. Johnston
641 F.3d 953 (Eighth Circuit, 2011)
James Newcomb v. James Brennan and Henry Reuss
558 F.2d 825 (Seventh Circuit, 1977)
Nucor Corporation v. Nebraska Public Power District
891 F.2d 1343 (Eighth Circuit, 1990)
Platte Valley Bank v. Tetra Financial Group, LLC
682 F.3d 1078 (Eighth Circuit, 2012)
Joseph H. Whitney v. The Guys, Inc.
700 F.3d 1118 (Eighth Circuit, 2012)
Getter v. Beckman
769 P.2d 714 (Montana Supreme Court, 1989)
Hardy v. Vision Service Plan
2005 MT 232 (Montana Supreme Court, 2005)

Cite This Page — Counsel Stack

Bluebook (online)
The Petram Group, LLC v. Purified Resource Partners, Counsel Stack Legal Research, https://law.counselstack.com/opinion/the-petram-group-llc-v-purified-resource-partners-iand-2025.