W. Scott Greco v. Eric Quetglas-Jordan, et al.

District Court, D. Puerto Rico·Decided August 18, 2026·No. 3:24-cv-01035·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO

W. SCOTT GRECO, Plaintiff, v. Civ. No. 24-01035 (MAJ)

ERIC QUETGLAS-JORDAN, et al., Defendants.

OPINION AND ORDER

I. Introduction This case presents a contractual dispute between two attorneys who previously worked as co-counsel pursuant to a split-fee arrangement. Plaintiff W. Scott Greco (“Plaintiff”) filed this action against Eric Quetglas-Jordán and Quetglas Law Office P.S.C. (collectively, “Defendant”), alleging that Defendant had wrongfully withheld attorney’s fees owed to Plaintiff. (ECF No. 1). On January 27, 2026, Plaintiff filed a Motion and a Supplemental Motion for Summary Judgment. (ECF No. 94); (ECF No. 95). On February 23, 2026, Defendant opposed the motion, (ECF No. 110); (ECF No. 111), and filed a cross Motion for Summary Judgment seeking dismissal of Plaintiff’s claims, (ECF No. 97); (ECF No. 99); (ECF No. 100).1 For the reasons set forth below, the Court holds that a genuine

1 Shortly after Plaintiff moved for summary judgment, Defendant cross-moved for summary judgment in three consecutive filings. (ECF No. 97); (ECF No. 99); (ECF No. 100). The first filing is a Statement of Uncontested Material Facts. (ECF No. 97). The second filing includes supporting documents related to the facts alleged in the Statement of Uncontested Material Facts. (ECF No. 99). The third filing is a brief in support of Defendant’s request for summary judgment. (ECF No. 100). The brief filed by Defendant in support of the Motion for Summary Judgment moves the Court to grant judgment in Defendant’s favor on six counts of declaratory relief. (ECF No. 100 at 10–11 § 1, 11– 13 § 2, 13–22 § 3, 22–23 § 4, 23 § 5, 23–25 § 6)). With respect to the first five counts for declaratory relief, each is an affirmative defense to Plaintiff’s claims rather than a stand-alone cause of action, as the Court has previously explained at length. See (ECF No. 86 at 4–6) (granting motion to strike Defendant’s dispute of material fact exists as to each of Plaintiff’s claims. Accordingly, the Court finds that summary judgment is not warranted. II. Facts2 Plaintiff is an attorney based in Virginia. (ECF No. 95 at 2 ¶ 1); (ECF No. 125-1 at 2 ¶ 1). Defendant is an attorney operating a law firm based in Puerto Rico.3 (ECF No.

97 at 3 ¶¶ 4–5); (ECF No. 109-1). Both attorneys specialize in representing investors with claims against financial advisors and brokerage firms in arbitrations before the Financial Industry Regulatory Authority (“FINRA”), a private entity that, among other things, provides an arbitration forum for such disputes. (ECF No. 95 at 2 ¶ 2); (ECF No. 125-1 at 2 ¶ 2); (ECF No. 97 at 4–5 ¶¶ 9–12); (ECF No. 109-1). In 2014, Defendant entered into an agreement with Luis Miñana Feo (“Miñana”) and the law firm Espada, Miñana & Pedrosa PSC to provide joint representation and split fees on certain cases. (ECF No. 97 at 4–5 ¶¶ 8, 11–12); (ECF No. 109-1). Under the agreement, Defendant and Miñana would jointly represent clients in relevant cases and

counterclaims because “these claims for declaratory relief are entirely redundant of Mr. Quetglas-Jordán’s affirmative defenses and will of necessity be resolved by the Court in the course of adjudicating Mr. Greco’s claims”). The Court therefore construes those “claims” for declaratory relief as Defendant’s affirmative defenses to Plaintiff’s legal and equitable claims. Finally, in the last claim for declaratory judgment set forth in the Motion for Summary Judgment, Defendant requests a “settlement of accounts,” arguing that any damages potentially awarded to Plaintiff should be offset by money allegedly owed by Plaintiff to Defendant. (ECF No. 23–25 § 6). That claim was previously dismissed, however, for failure to state a claim for which relief may be granted. (ECF No. 86 at 6–10). Accordingly, to the extent that Defendant’s Motion for Summary Judgment seeks any affirmative relief, the motion is DENIED. The parties have filed numerous responsive briefings to the pending motions before the Court. Plaintiff filed an Opposition to Defendant’s Motion for Summary Judgment, (ECF No. 109), and Defendant filed an Opposition to Plaintiff’s Motion for Summary Judgment, (ECF No. 110); (ECF No. 111), along with supporting documents. Each party filed Replies to each respective motion, (ECF No. 119); (ECF No. 120); (ECF No. 121), and Defendant filed a Sur-Reply. (ECF No. 127). 2 In making the following findings of fact, the Court applies the standard set forth under Rule 56(c) of the Federal Rules of Civil Procedure and Local Rule 56. See infra Sec. III.b. 3 To be clear, Defendant Eric Quetglas-Jordán is an attorney who is the President and authorized agent of Quetglas Law Office, P.S.C., whereas Defendant Quetglas Law Office, P.S.C., is a corporate firm based in San Juan. (ECF No. 97 at 3–4 ¶¶ 4–6). For the sake of simplicity, the Court refers to Eric Quetglas-Jordán and Quetglas Law Office, P.S.C. collectively as “Defendant.” evenly split the fees generated by those cases. (ECF No. 97 at 5 ¶ 12); (ECF No. 109- 1). In 2015, Plaintiff formed an agreement with Miñana to collaborate on FINRA arbitration cases in Puerto Rico. (ECF No. 97 at 6 ¶ 19); (ECF No. 109-1). Shortly thereafter, Miñana introduced Plaintiff and Defendant. (ECF No. 97 at 6 ¶ 20); (ECF

No. 109-1). By 2018, Miñana and Defendant together asked Plaintiff to participate as co- counsel in numerous arbitration cases in which Miñana and Defendant were retained as counsel. (ECF No. 95 at 2–3 ¶¶ 2–3); (ECF No. 125-1 at 2–3 ¶¶ 2–3). Plaintiff contends that the parties thereby formed a “verbal agreement and contract” according to which “each co-counsel would be paid a one-third percentage of [a] contingent attorney’s fee” in prevailing cases. (ECF No. 95 at 3 ¶ 4). Defendant disputes that account, denying “that there was a uniform verbal agreement that [Plaintiff] would always receive one-third of the contingent fee in all arbitrations,” and instead alleging that the percentage of the contingency fee distributed to Plaintiff “was to be determined on a claim-by-claim basis depending on his contribution, timing, and role.” (ECF No. 125-1 at 3 ¶ 4).

The parties thereafter collaborated on a series of arbitration cases. The present dispute arises from the attorneys’ fees allegedly generated in three of those matters: Medina de Aguayo et al. v. UBS et al. (“Aguayo”), (ECF No. 95 at 12–14), Pérez Colón et al. v. UBS et al. (“Pérez Colón”), (ECF No. 95 at 14–15), and Trinidad-García et al. v. Popular Securities (“Trinidad”), (ECF No. 95 at 4–12). i. Aguayo Arbitration Plaintiff was admitted pro hac vice as co-counsel in the Aguayo arbitration and performed certain tasks in that case. (ECF No. 95 at 12–13 ¶ 35); (ECF No. 125-1 at 19 ¶ 35). The case eventually settled. (ECF No. 95 at 13 ¶ 37); (ECF No. 125-1 at 20 ¶ 37). The parties dispute the amount of that settlement that was to be paid as a contingency fee,4 the amount of the contingency fee that was to be paid to Plaintiff,5 and whether any contingent fee was owed to Plaintiff at all.6 No portion of the contingency fee resulting from the Aguayo arbitration was distributed to Plaintiff. (ECF No. 95 at 14 ¶

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