Theodore Banks v. Kami Banks Kane

CourtCourt of Chancery of Delaware
DecidedFebruary 17, 2023
Docket2021-0948-NAC
StatusPublished

This text of Theodore Banks v. Kami Banks Kane (Theodore Banks v. Kami Banks Kane) is published on Counsel Stack Legal Research, covering Court of Chancery of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Theodore Banks v. Kami Banks Kane, (Del. Ct. App. 2023).

Opinion

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

THEODORE BANKS, in his ) Individual capacity and derivatively on ) behalf of Nominal Defendant, ) BEAR TRAP SPIRITS, INC., ) ) Plaintiff, ) ) v. ) C.A. No. 2021-0948-NAC ) KAMI BANKS KANE, ) MACKIE BANKS, and ) MTK REAL ESTATE, LLC, ) ) Defendants, ) ) and ) ) BEAR TRAP SPIRITS, INC., ) A Delaware Corporation, ) ) Nominal Defendant. )

ORDER CONVERTING DEFENDANTS’ MOTION TO DISMISS TO A MOTION FOR SUMMARY JUDGMENT

WHEREAS:

1. This case involves a family-owned business. Plaintiff alleges that

Defendants (his mother and sister) engaged in inequitable conduct to defraud him of

ownership interests in the business that were devised to him under his father’s will.

2. Defendants have moved under Rule 12(b)(6) to dismiss the complaint

on 15 grounds (the “Motion”). In support of the Motion, Defendants have filed a

brief that contains a section titled as “Statement of Facts.” The title is misleading, because the Statement of Facts describes events that are not alleged in the complaint.

Indeed, the Statement of Facts does not cite to the complaint at all. Instead, the

Statement of Facts is based on 14 exhibits1 that Defendants attached to the Motion.

The exhibits include:

• receipts for the rental of multiple portable toilets; • an inverted image captured by a surveillance camera; • documents related to the sale of a boat; • invoices for the installation of audio equipment in someone’s car; • a photo of a computer screen displaying an unidentified transaction; and • a text message wishing the recipient a happy birthday.2

Defendants also request fee-shifting. See Dkt. 34 at 40–41.

3. The Motion preceded a motion styled as one “for sanctions and to

strike” the complaint pursuant to Rule 11 (the “Rule 11 Motion”). Dkt. 38. Through

the Rule 11 Motion, Defendants claimed that the complaint made “factual

misrepresentations.” Id. ¶ 4. As support for this accusation, Defendants cited the

“facts” in the same exhibits that were attached to the Motion. Among other relief,

Defendants requested that the complaint be “dismissed in [its] entirety.” Id.

(Prayer). Again, Defendants requested fee-shifting. Id. ¶ 6. Defendants eventually

withdrew the Rule 11 Motion, conceding that it was improperly filed. Dkt. 40.

1 Defendants attached 16 exhibits to their motion. See Dkt. 34. Plaintiff challenges 14 of them. Dkt. 35 at 2. 2 See Exs. F, H, J, L, O–P to Dkt. 34.

2 4. On November 17, 2022, I heard oral argument on the Motion. The

Motion is now ripe for decision.

NOW, THEREFORE, the Court having carefully considered the Motion, and

the parties’ written and oral arguments, IT IS HEREBY ORDERED, this 17th day

of February 2023, as follows:

1. “Generally, matters outside the pleadings should not be considered in

ruling on a motion to dismiss.” In re Santa Fe Pac. Corp. S’holder Litig., 669 A.2d

59, 68 (Del. 1995). Presentation of matters outside the pleadings invites

consideration of matters outside the pleadings. Acceptance of that invitation

generally results in conversion of the motion to dismiss to a motion for summary

judgment. See Ct. Ch. R. 12(b). And conversion to a motion for summary judgment

typically results in discovery. See, e.g., In re Gen. Motors (Hughes) S’holder Litig.,

897 A.2d 162, 168 (Del. 2006).

2. The Motion is based entirely on 14 exhibits that are not pleaded or

referenced in the complaint. Those exhibits, in turn, embed numerous separate

documents, including tax maps, W-2 forms, bank statements, personal checks,

contractor bills, corporate minutes, letters, and e-mails. “When a Rule 12(b)(6)

motion depends on a large volume of documents outside of the pleadings, chances

are that the movant has not applied the pleading standard faithfully and is effectively

pursuing a motion for summary judgment.” Totta v. CCSB Fin. Corp., 2021 WL

3 4892218, at *3 (Del. Ch. Oct. 20, 2021) (converting Rule 12(b)(6) motion to Rule

56 motion). “That tactical choice has consequences.” Acero Cap., L.P. v. Swrve

Mobile, Inc., 2021 WL 2207197, at *2 (Del. Ch. June 1, 2021) (converting Rule

12(b)(6) motion to Rule 56 motion). The consequence here is that the Motion will

be converted to a motion for summary judgment. Accordingly, the Motion will be

deferred until the parties have had the opportunity to take discovery.3

3. To resist this result, Defendants try to characterize their exhibits as

“integral” to the complaint. Dkt. 37 at 4–5. It is true that, for certain purposes,

extraneous but integral documents may be considered on a motion to dismiss. See,

e.g., Windsor I, LLC v. CWCapital Asset Mgmt. LLC, 238 A.3d 863, 873 (Del. 2020).

But a document generally is not considered “integral” unless “it is the source for the

facts as pled in the complaint.” In re Gardner Denver, Inc. S’holders Litig., 2014

WL 715705, at *3 (Del. Ch. Feb. 21, 2014) (cleaned up). Here, none of Defendants’

14 exhibits is the source of the complaint’s allegations. To the contrary, Defendants’

exhibits are the source of “facts” comprising the counternarrative told in the Motion.

4. Defendants alternatively suggest that I need not convert the entire

Motion because their exhibits are integral to at least some of Plaintiff’s claims. Dkt.

3 This includes Defendants’ challenge to Plaintiff’s “standing” as a “remainder beneficiary.” Dkt. 34 at 18. Defendants’ argument involves merits-based issues of Plaintiff’s recovery, not jurisdictional issues of justiciability. So “standing” will be considered along with the rest of the arguments in Defendants’ (deferred) Rule 12(b)(6) motion. See Appriva S’holder Litig. Co. v. ev3, Inc., 937 A.2d 1275, 1284–85 (Del. 2007).

4 37 at 5; see also Dkt. 34 at 17. But this position would require me “to wade through

the [D]efendants’ voluminous submissions[] to search for arguments or

subarguments that could be decided on the basis of the well pleaded facts of the

complaint alone.” Black v. Gramercy Advisors, LLC, 2007 WL 2164286, at *1 (Del.

Ch. July 23, 2007). I have “no obligation to undertake [that] painstaking task.”

Totta, 2021 WL 4892218, at *3. After all, “[j]udges are not like pigs, hunting for

truffles buried in briefs.” United States v. Dunkel, 927 F.2d 955, 956 (7th Cir. 1991).

My attempts to decipher Defendants’ various disjointed documents—while

assessing their 15 independent grounds for dismissal—already has cost me too many

hours of scarce judicial resources. See Deane v. Maginn, 2017-0346-LWW (Del.

Ch. Oct. 29, 2021) (TRANSCRIPT) (converting Rule 12(b)(6) motion to Rule 56

motion due, in part, to the excessive time that would be spent trying to “make sense”

of the movant’s documents). So I will not “pick through” Defendants’ “huge pile of

exhibits” anymore. Lavi v. Wideawake Deathrow Ent., LLC, 2011 WL 284986, at

*1 (Del. Ch. Jan. 18, 2011) (Strine, V.C.) (denying as “procedurally defective” a

motion to dismiss filed “in the guise” of a summary judgment motion).

5. My analysis here is likely further colored by the fact that this is not the

first time Defendants filed a procedurally improper motion. After filing the Motion,

Defendants filed the Rule 11 Motion.

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Related

United States v. James C. Dunkel
927 F.2d 955 (Seventh Circuit, 1991)
In Re General Motors (Hughes) Shareholder Litigation
897 A.2d 162 (Supreme Court of Delaware, 2006)
In Re Santa Fe Pacific Corp. Shareholder Litigation
669 A.2d 59 (Supreme Court of Delaware, 1995)
Appriva Shareholder Litigation Co. v. Ev3, Inc.
937 A.2d 1275 (Supreme Court of Delaware, 2007)

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