Urban Oil & Gas Group, LLC, Urban Fund III, LP, and Urban Oil & Gas Partners C-1, LP v. Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250

District Court, E.D. Texas·Decided September 16, 2026·No. 4:25-cv-01181·Unknown

Opinion

United States District Court EASTERN DISTRICT OF TEXAS SHERMAN DIVISION URBAN OIL & GAS GROUP, LLC, § URBAN FUND III, LP, and URBAN § OIL & GAS PARTNERS C-1, LP, § § Plaintiffs, § v. § Civil Action No. 4:25-cv-1181 § Judge Mazzant CERTAIN UNDERWRITERS AT § LLOYD’S OF LONDON, § SUBSCRIBING TO POLICY NO. § B0702GL314250, § § Defendant. § MEMORANDUM OPINION AND ORDER Pending before the Court is Defendant Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250’s Rule 12(b)(6) Motion to Dismiss (the “Motion”) (Dkt. #7). Having considered the Motion, the relevant pleadings, and the applicable law, the Court finds that the Motion should be GRANTED in part and DENIED in part. BACKGROUND This case arises out of an insurance contract dispute. On October 28, 2025, Plaintiffs Urban Oil and Gas Group, LLC, Urban Fund III, LP and Urban Oil and Gas Partners C-1, LP (collectively, “Plaintiffs” or “Urban Oil”) filed this action against Defendant Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250 (“Defendant” or “Underwriters”) alleging that Defendant has failed and refused to honor its obligations under environmental policies issued to Plaintiffs (Dkt. #1 at p. 1). Plaintiffs assert five separate causes of action against Defendant in their Complaint: (1) declaratory relief (Count I); (2) breach of contract (Count II); (3) breach of the duty of good faith and fair dealing (Count III); (4) violations of Chapter 541 of the Texas Insurance Code (Count IV); and (5) violations of Chapter 542 of the Texas Insurance Code (Count IV) (Dkt. #1 at ¶¶ 27–52). There are two insurance policies at issue in this case. The first was a claims-made

environmental legal liability policy, issued by Mosaic Syndicate Services Limited, as the underwriting representative of Defendant, to Plaintiffs for the period of December 9, 2022, to December 9, 2023 (Dkt. #1 at ¶ 7). The second policy issued to Plaintiffs acted as a renewal of the first policy, and covered the period from December 9, 2023, to December 9, 2024 (Dkt. #1 at ¶ 7).1 The material provisions of the Policies are practically identical. Several provisions of the Policies are particularly relevant to this dispute. First, the Underwriters agreed to pay Damages and

Clean- Up Costs that Urban Oil becomes liable to pay as a result of a Claim (Dkt. #7- 1 at p. 28; Dkt. #7-2 at p. 30). Underwriters further agreed to pay Defense Costs incurred in connection with a Claim resulting from a Pollution Incident (Dkt. #7-1 at p. 28; Dkt. #7-2 at p. 30). Second, the Policies contain the following condition precedent to coverage: “The Insurer will pay Loss covered by this Policy in excess of the applicable Each Pollution Incident Self-Insured Retention . . . specified in Item 5 of the Declarations . . . . The Insured shall be responsible for payment of the Each Pollution Incident SIR, which is not to be insured. Under no circumstance

shall the Insurer be liable to pay any amount within the Each Pollution Incident SIR” (Dkt. #7-1 at p. 45; Dkt. #7-2 at p. 47). Item 5 of the Declarations of both Policies lists an each pollution incident self-insured retention of $250,000 (Dkt. #7-1 at p. 24; Dkt. #7-2 at p. 26). Lastly, the Policies contain a choice-of-law provision, which provides: “Any disputes involving this Policy shall be resolved applying the law designated in Item 9 of the Declarations” (Dkt. #7-1 at p. 53; Dkt. #7-2

1 The Court will refer to these two policies collectively as the “Mosaic Policies” or the “Policies.” at p. 54). Item 9 of the Declarations of both Policies lists the “State of New York” as the applicable choice of law (Dkt. #7-1 at p. 25; Dkt. #7-2 at p. 27) On December 23, 2025, Defendant filed the instant motion to dismiss alleging two separate

grounds for dismissal pursuant to Federal Rule Civil Procedure 12(b)(6) (Dkt. #7). Specifically, Defendant argues (1) Plaintiffs action should be dismissed in its entirety because Plaintiffs have failed to allege satisfaction of all conditions precedent, including that they have paid all applicable self-insured retentions, to Defendant’s obligations under the Policies, and (2) Plaintiffs’ first, third, fourth, and fifth causes of action should also be dismissed because the Policies choice of law provision requires the application of New York law to all disputes involving the Policies, which

would require dismissal of these causes of action (Dkt. #7 at p. 7). On January 13, 2026, Plaintiffs filed their Response, opposing each of Defendant’s purported bases for dismissal (Dkt. #10). On January 20, 2026, Defendant filed its Reply in Support of its motion to dismiss (Dkt. #11). The Motion is now ripe for adjudication. LEGAL STANDARD The Federal Rules of Civil Procedure require that each claim in a complaint include a “short and plain statement . . . showing that the pleader is entitled to relief.” FED. R. CIV. P. 8(a)(2). Each

claim must include enough factual allegations “to raise a right to relief above the speculative level.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 555 (2007). A Rule 12(b)(6) motion allows a party to move for dismissal of an action when the complaint fails to state a claim upon which relief can be granted. FED. R. CIV. P. 12(b)(6). When considering a motion to dismiss under Rule 12(b)(6), the Court must accept as true all well-pleaded facts in the plaintiff’s complaint and view those facts in the light most favorable to the plaintiff. Bowlby v. City of Aberdeen, 681 F.3d 215, 219 (5th Cir. 2012). The Court may consider “the complaint, any documents attached to the complaint, and any documents attached to the motion to dismiss that are central to the claim and referenced by the complaint.” Lone Star Fund V (U.S.), L.P. v. Barclays

Bank PLC, 594 F.3d 383, 387 (5th Cir. 2010). The Court must then determine whether the complaint states a claim for relief that is plausible on its face. “A claim has facial plausibility 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). “But where the well-pleaded facts do not permit the [C]ourt to infer more than the mere possibility of misconduct, the complaint has alleged—but it has not ʻshow[n]’—ʻthat the pleader is entitled to

relief.’” Id. at 679 (quoting FED. R. CIV. P. 8(a)(2)). In Iqbal, the Supreme Court established a two-step approach for assessing the sufficiency of a complaint in the context of a Rule 12(b)(6) motion. First, the Court should identify and disregard conclusory allegations, for they are “not entitled to the assumption of truth.” Iqbal, 556 U.S. at 664. Second, the Court “consider[s] the factual allegations in [the complaint] to determine if they plausibly suggest an entitlement to relief.” Id. “This standard ʻsimply calls for enough fact[s] to raise a reasonable expectation that discovery will reveal evidence of’ the necessary claims or

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Urban Oil & Gas Group, LLC, Urban Fund III, LP, and Urban Oil & Gas Partners C-1, LP v. Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250, (E.D. Tex. 2026).

Urban Oil & Gas Group, LLC, Urban Fund III, LP, and Urban Oil & Gas Partners C-1, LP v. Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250 (Urban Oil & Gas Group, LLC, Urban Fund III, LP, and Urban Oil & Gas Partners C-1, LP v. Certain Underwriters at Lloyd’s of London, Subscribing to Policy No. B0702GL314250) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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