Urban Green Technologies, LLC v. Sustainable Strategies 2050 LLC

CourtSuperior Court of Delaware
DecidedFebruary 8, 2017
DocketN13C-12-115 CLS
StatusPublished

This text of Urban Green Technologies, LLC v. Sustainable Strategies 2050 LLC (Urban Green Technologies, LLC v. Sustainable Strategies 2050 LLC) is published on Counsel Stack Legal Research, covering Superior Court of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Urban Green Technologies, LLC v. Sustainable Strategies 2050 LLC, (Del. Ct. App. 2017).

Opinion

IN THE SUPERIOR COURT OF THE STATE OF DELAWARE

URBAN GREEN TECHNOLOGIES, ) LLC, a Delaware limited liability ) company, ) ) Plaintiff/Counterclaim Defendant, ) ) v. ) C.A. No. N13C-12-115 CLS ) SUSTAINABLE STRATEGIES 2050 ) LLC, a Delaware limited liability ) company, and RAYOMAND ) BHUMGARA, ) ) Defendants/Counterclaim ) Plaintiffs. )

Date Decided: February 8, 2017

MEMORANDUM OPINION

Decision After Bench Trial Verdict for Defendants/Counterclaim Plaintiffs

David G. Holmes, Esquire, Joseph Grey, Esquire, Cross & Simon, LLC, Wilmington, Delaware, Attorneys for Plaintiff/Counterclaim Defendant.

Brian T. N. Jordan, Esquire, Jordan Law, LLC, Wilmington, Delaware, Attorney for Defendants/Counterclaim Plaintiffs.

SCOTT, J. I. Introduction This is the Court’s decision following a three-day bench trial relating to

certain disputes arising from a contractual relationship between Urban Green

Technologies, LLC, (“UGT”), on the one hand, and Sustainable Strategies 2050

LLC (“SS2050”) and its President and sole and managing member, Rayomand

Bhumgara (“Bhumgara”) (collectively, “Defendants” or “Mr. Bhumgara”), on the

other.

II. Findings of Fact UGT is a Delaware Limited Liability Company in the business of dealing

solar energy projects located in Chicago, Illinois. UGT looks for suitable areas to

build solar energy facilities and negotiates leases for the properties where these

solar energy facilities are built. UGT uses consultants and contractors to develop

the projects until the facility can be sold to a third party. Defendant, Sustainable

Strategies 2050 is also a Delaware Limited Liability Company located in

Wellesley, Massachusetts. The sole managing member and President of

Sustainable Strategies is Defendant, Raymond Bhumgara. The current CEO of

UGT is Nikola Krneta, and the former CEO, Bob Berman, stepped down in 2015

when Mr. Krneta became the CEO. Mr. Berman no longer has an active role in the

company. Mr. Bhumgara established Sustainable Strategies 2050 and began

working primarily with solar energy in 2010.

1 While Mr. Bhumgara was in the real estate development business he met

Palmer Cameron (hereinafter “Mr. Cameron”). In September 2010 Mr. Cameron

called Mr. Bhumgara regarding UGT’s interest in starting projects in

Massachusetts. Specifically, UGT’s interest was solar energy development, and

UGT did not have ties to Massachusetts. Mr. Bhumgara met with Goran Rajsic,

the CEO of Urban Green at the time, and Mr. Cameron in Chicago during October

2010. UGT agreed to pay him a retainer of $3,000.00 per month, plus expenses.

His duties included identifying sites, doing site visits, attending board hearings,

proposals, permit projects, and finding off-takers. Mr. Bhumgara testified that he

initially asked UGT to pay him $5,000.00 per month given his involvement in the

projects, but UGT was unable to meet this amount. The parties agreed he would

start work on November 1, 2010, and Mr. Bhumgara sent a follow up e-mail on

November 1 asking for a written agreement.

Mr. Berman was in Boston in June 2011. Mr. Bhumgara and Mr.

Berman communicated about the initial three part agreement from 2010: retainer,

expenses, and commission. On June 27, 2011 Mr. Bhumgara sent Mr. Berman a

draft agreement. Pursuant to this draft, UGT would pay him a $3,000.00 per

month retainer, reimbursement for reasonable expenses, and commissions within

30 days following the closing of a commercial financing of each potential project.

The amount of commission was left blank, as Mr. Bhumgara testified, it was the

2 start of negotiations and he wanted UGT to make an offer. Mr. Berman

acknowledged he received the e-mail with the attached agreement the same day.

On July 8, 2011, Mr. Bhumgara contacted Mr. Berman via e-mail and requested

Mr. Berman take time to look over the proposed agreement and compensation

structure. Mr. Berman responded “Sure to all.” Again on July 24, 2011 Mr.

Bhumgara sent an e-mail to Mr. Berman asking him to find time to review the draft

agreement Mr. Bhumgara sent on June 27. Mr. Berman responded on July 25,

2011 stating that he and Mr. Rajsic “discussed a plan that added $7,500.00 per

megawatt of installed capacity not the properties you develop. Payable upon

closing and financing.” Mr. Bhumgara followed up with an e-mail on July 25,

2011 asking Mr. Berman to clarify the $7,500.00 per megawatt proposal.

Specifically, Mr. Bhumgara asked whether the $7,500.00 per megawatt applied to

properties he was involved in developing, properties he was not involved in

developing, or only properties he identified and helped develop. Mr. Berman

responded, “Yes to both.” On July 26, 2011, Mr. Bhumgara stated that he was not

clear on Mr. Berman’s prior response, and asked Mr. Berman to be more specific

in regard to his $7,500.00 per megawatt proposal. Mr. Berman responded that he

was in Memphis and they would “clarify tomorrow.”

Subsequently, Mr. Bhumgara sent an e-mail to Mr. Berman on July 27,

2011. Mr. Bhumgara explained that his market value based on other negotiated

3 agreements similar to UGT’s project was between $50,000.00 and $75,000.00 per

megawatt for every opportunity he identified. On September 1, 2011 Mr.

Bhumgara sent an e-mail to Mr. Berman indicating that he would reach out to

some of his contacts and identify new properties in Massachusetts. He indicated

that he would be “more motivated” if the Parties “could reach an agreement on a

results oriented fee structure (which would only be payable upon closing of the

financing).” Mr. Bhumgara also indicated that UGT’s July 25 proposed

commission of $7,500.00 per megwatt was too low for his services. In October

2011 Mr. Bhumgara reached out to UGT again. This time he asked UGT to

consider increasing his monthly retainer from $3,000.00 to $5,000.00. UGT

continued to pay Mr. Bhumgara the $3,000.00 per month and the expenses owed to

him. He also indicated that they could “discuss the performance based fee later.”

Mr. Berman was in Boston in December of 2011 for a Planning Board

meeting. Mr. Berman and Mr. Bhumgara discussed putting an agreement together,

and Mr. Bhumgara testified that it focused on his commission. Mr. Bhumgara

followed up with an e-mail on December 30, 2011. He stated, “as we discussed a

few days ago, I need an agreement very soon as we continue our partnership into

2012 and beyond. Please discuss with Goran and send me your offer.” Mr.

Bhumgara acknowledged that the parties could either use the agreement he sent to

UGT on June 27, 2011, or use an agreement UGT developed. Consequently, Mr.

4 Bhumgara sent Mr. Berman another e-mail on January 7, 2012 asking Mr. Berman

to prioritize their compensation agreement, and that he was willing to negotiate a

multi-tiered compensation agreement. Mr. Berman responded that he and Mr.

Rajsic reached a preliminary agreement. On February 14, 2012 Mr. Rajsic sent

Mr. Bhumgara an e-mail with a draft consulting agreement. Mr. Bhumgara replied

on February 15, 2012 stating that he did not agree with the fee, and he would send

a counter offer. Similarly, on February 17, 2012 Mr. Bhumgara sent an email to

UGT stating that he would send a new draft agreement, and the gap between what

he was paid on other projects ($50,000 to $75.000 per megawatt), compared to the

amount UGT proposed, was too high. Mr.

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Urban Green Technologies, LLC v. Sustainable Strategies 2050 LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/urban-green-technologies-llc-v-sustainable-strategies-2050-llc-delsuperct-2017.