TRN, LLC v. VENTURA AIR SERVICES, INC.

CourtDistrict Court, E.D. New York
DecidedMarch 12, 2026
Docket2:25-cv-05402
StatusUnknown

This text of TRN, LLC v. VENTURA AIR SERVICES, INC. (TRN, LLC v. VENTURA AIR SERVICES, INC.) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
TRN, LLC v. VENTURA AIR SERVICES, INC., (E.D.N.Y. 2026).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK --------------------------------------------------------------X TRN, LLC,

Plaintiff, MEMORANDUM AND ORDER

25-cv-05402 (JMW)

-against-

VENTURA AIR SERVICES, INC.,

Defendant. --------------------------------------------------------------X A P P E A R A N C E S:

Harry Jay Hulings Jason Murray Davis Davis & Santos, PLLC 719 S Flores St San Antonio, TX 78204

Robert Maxwell Tanner Michael Tremonte Sher Tremonte LLP 90 Broad Street, 23rd Floor New York, NY 10004 Attorneys for Plaintiff and Counter Defendant

Robert David Schulte Schulte Booth, P.C. 14 N Hanson St Easton, MD 21601 Attorney for Defendant and Counter Claimant

WICKS, Magistrate Judge:

Plaintiff TRN, LLC (“TRN”) commenced this action on September 25, 2025 against Defendant Ventura Air Services, Inc. (“Ventura”), asserting claims for breach of contract, unjust enrichment, conversion, and replevin, and seeking damages pertaining to Ventura’s alleged refusal to return the Bombardier Inc. CL-600-2Bi16 aircraft (“Aircraft”) leased by TRN to Ventura pursuant to the parties’ Exclusive Aircraft Lease and Operating Agreement (“Agreement”). (See generally ECF No. 1.) The parties are before the Court on TRN’s partial motion to dismiss two of Ventura’s

Counterclaims for breach of the implied covenant of good faith and fair dealing (Count II) and fraud (Count III) pursuant to Fed. R. Civ. P. 12(b)(6). (ECF No. 32.) For the following reasons, TRN’s partial motion to dismiss (ECF No. 32) is GRANTED. BACKGROUND The parties entered into the Agreement on October 10, 2023 through which TRN leased the Aircraft to Ventura for a term of three years. (ECF No. 1 at ¶¶ 8, 11.) Through the Agreement, Ventura possessed the right to use the Aircraft as needed in its air charter and commercial carriage business. (Id. at ¶ 11.) In exchange, Ventura was required to pay TRN a monthly fixed lease payment of $10,000 per month. (See id. at ¶ 12.) Under the terms of the Agreement, Ventura was also required to maintain the Aircraft in excellent working condition which, according to TRN, Ventura failed to do and caused the Aircraft to fall into disrepair. (Id. at ¶¶ 1,

13, 23.) The Agreement further provides that it may be terminated or suspended by either party if certain conditions are not met and that TRN may terminate the Agreement without payment of an early termination fee for events like “breach or default of any of the conditions of the Agreement or any other agreement between the parties by Ventura and the failure of Ventura to cure or remedy such breach or default within ten days after receipt of notice thereof from TRN.” (Id. at ¶ 15 (cleaned up) (referencing Agreement at § 17(b)). TRN, under the Agreement, may also terminate the Agreement “for any or no reason with 90 days advanced written notice” to Ventura but then must pay Ventura an “Early Termination Fee” of $500,000 during the first year, $300,000 during the second year, and $200,000 during the third year. (Id. at ¶ 16 (referencing Agreement at § 17(c)). Upon the expiration or early termination of the Agreement, and payment by TRN, Ventura was obligated to “return the Aircraft, logbooks, and associated items at [TRN’s] sole cost and expense” or “make the Aircraft available for return by [TRN].” (Id. at ¶ 17

(referencing Agreement at § 17(d)). On July 14, 2025, TRN contends that Ventura’s failure to “maintain, repair, and service the Aircraft became apparent” when Ventura cited to “a mechanical problem” which prevented TRN’s principal, Toby Neugebauer (“Neugebauer”) and several of his guests, from timely departing Aspen, Colorado and caused them to miss their “important business function” in Pittsburgh, Pennsylvania. (Id. at ¶ 18.) The following day, on July 15, 2025, TRN sent Ventura a letter stating that Ventura breached the Agreement by failing to maintain the Aircraft in accordance with the Agreement’s terms. (Id. at ¶ 19 (referencing “Ventura’s substandard maintenance and related mechanical failures”)). TRN also cites to additional “mechanical failures, substandard maintenance, system failures . . . [and] deteriorating exterior paint” on the

Aircraft caused by Ventura’s lack of care. (Id. at ¶¶ 19-22.) Ventura contends that it “did not fail to perform any required maintenance” and that the Aircraft was in the same condition as it was when sent by TRN. (ECF No. 23, Counterclaims at ¶¶ 19-20.) Considering this purported breach of the Agreement, TRN exercised its right to terminate the Agreement pursuant to Section 17 on July 15, 2025, without payment of a termination fee. (ECF No. 1 at ¶¶ 2, 25; ECF No. 23, Counterclaims at ¶¶ 23-24.) Consequently, Ventura refused to return the Aircraft, effectively holding it “hostage” until TRN paid Ventura the termination fee pursuant to Section 20 of the Agreement which provides that “[Ventura] shall have a lien upon and may retain possession of the Aircraft until all amounts due [Ventura] under this Agreement have been paid in full.” (ECF No. 1 at ¶ 3; ECF No. 23, Counterclaims at ¶¶ 26-28.) Accordingly, TRN asserts several causes of action, namely, for breach of the Agreement, unjust enrichment, conversion, and replevin. (See ECF No. 1 at pp. 8-11.) On November 5, 2025,

Ventura filed its Amended Answer with Counterclaims against TRN for breach of the Agreement because of TRN’s refusal to pay the $300,000 termination fee, breach of the implied covenant of good faith and fair dealing, and fraud. (See generally ECF No. 23.) Nearly one month later, on December 10, 2025, TRN filed a motion for a pre-motion conference regarding TRN’s anticipated partial motion to dismiss Ventura’s Counterclaims for breach of the implied covenant of good faith and fair dealing and for fraud pursuant to Rule 12(b)(6). (See ECF No. 29.) The Court then waived the pre-motion conference requirement and directed the parties meet and confer and submit a proposed briefing schedule on TRN’s anticipated partial motion to dismiss. (Electronic Order dated December 11, 2025.) On December 17, 2025, the Court adopted the parties’ briefing schedule. The parties then bundle filed their motion papers on January 16, 2026.

(ECF No. 32.) The Court held Oral Argument on TRN’s motion on March 12, 2026. (See Electronic Order dated January 23, 2026.) LEGAL FRAMEWORK “In considering a motion to dismiss a counterclaim, the court applies the same standards as a motion to dismiss a complaint.” Zurich American Life Ins. Co. v. Nagel, 571 F. Supp. 3d 168, 175 (S.D.N.Y. 2021); Xerox Corp. v. Lantronix, Inc., 342 F. Supp. 3d 362, 367 (W.D.N.Y. 2018) (“Federal Rule of Civil Procedure 12(b) applies equally to claims and counterclaims; therefore, a motion to dismiss a counterclaim is evaluated under the same standard as a motion to dismiss a complaint.”) (internal marks omitted) (citation omitted). The Court must assume the truth of the allegations. To survive a motion to dismiss under Rule 12(b)(6), a counterclaim must plead “enough facts to state a claim to relief that is plausible on its face.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007). A claim is facially plausible “when the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct

alleged.” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009).

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TRN, LLC v. VENTURA AIR SERVICES, INC., Counsel Stack Legal Research, https://law.counselstack.com/opinion/trn-llc-v-ventura-air-services-inc-nyed-2026.