Weil Holdings II, LLC v. Jeffrey Alexander, DPM

CourtCourt of Chancery of Delaware
DecidedMarch 4, 2025
DocketC.A. No. 2024-0388-BWD
StatusPublished

This text of Weil Holdings II, LLC v. Jeffrey Alexander, DPM (Weil Holdings II, LLC v. Jeffrey Alexander, DPM) 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
Weil Holdings II, LLC v. Jeffrey Alexander, DPM, (Del. Ct. App. 2025).

Opinion

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

WEIL HOLDINGS II, LLC, ) ) Plaintiff, ) ) v. ) C.A. No. 2024-0388-BWD ) JEFFERY ALEXANDER, DPM, ) ) Defendant. )

MEMORANDUM OPINION RESOLVING CROSS-MOTIONS FOR SUMMARY JUDGMENT

Date Submitted: February 10, 2025 Date Decided: March 4, 2025

Jamie L. Brown, Elena M. Sassaman, HEYMAN ENERIO GATTUSO & HIRZEL LLP, Wilmington, DE; OF COUNSEL: Jonathan S. Goodman, Alec J. Losh, Elizabeth L. Archerd, PATZIK, FRANK & SAMOTNY LTD., Chicago, IL, Attorneys for Plaintiff Weil Holdings II, LLC.

Travis J. Ferguson, McCARTER & ENGLISH, LLP, Wilmington, DE, Attorneys for Defendant Jeffery Alexander, DPM.

DAVID, V.C. In this action, the plaintiff, a holding company, seeks to enforce a

noncompetition provision contained in a limited liability company agreement

against a podiatrist who was previously employed by a contractual counterparty of

its affiliate. The noncompete is indefinite in duration and would restrict the

podiatrist from practicing in a geographic region that is constantly subject to change.

On cross-motions for summary judgment, this memorandum opinion concludes that

the noncompete is unreasonable on its face and declines to blue pencil the parties’

agreement. Judgment is entered for the defendant.

I. BACKGROUND

A. Defendant, A Podiatrist, Executes An LLC Agreement With A Noncompete.

Weil Holdings II, LLC (“Weil Holdings” or “Plaintiff”) is a Delaware limited

liability company that owns PNC Podiatry Holdings, LLC (“Balance Holdco”),

which, in turn, owns Weil Foot & Ankle Management, LLC (“Weil Management”).

Verified Compl. for Injunctive Relief [hereinafter Compl.] ¶¶ 9, 13, 21, Dkt. 1;

Transmittal Aff. of Travis J. Ferguson in Supp. of Def.’s Opening Br. in Supp. of

His Mot. for Summ. J. [hereinafter Ferguson Aff.], Ex. A at Interrog. Resp. No. 2,

Dkt. 37.

Weil Management provides non-professional management, administrative,

advisory, and back-office services to Weil Foot and Ankle Institute, LLC (“WFAI”),

a podiatric practice with sixteen offices in Illinois and one office in Kenosha, Wisconsin (the “Kenosha Office”). Compl. ¶¶ 13, 16; Ferguson Aff., Ex. A at

Interrog. Resp. No. 18. Weil Management also provides similar services to Foot and

Ankle Specialists of West Michigan, PLLC (“FASWM”) and 1 Foot 2 Foot Centre

for Foot and Ankle Care, P.C. (“1F2F”), podiatric practices that operate in Michigan

and Virginia, respectively. Compl. ¶ 16; Ferguson Aff., Ex. A at Interrog. Resp.

Nos. 10, 18.

Dr. Jeffery Alexander (“Defendant”) is a podiatric foot and ankle surgery

specialist who worked for WFAI from July 2014 through August 2023. Aff. of

Jeffery Alexander [hereinafter Alexander Aff.] ¶¶ 4, 8–9, Dkt. 37. While employed

by WFAI, Defendant primarily treated patients at WFAI’s Oak Park and Glenview,

Illinois offices (the “Oak Park Office” and “Glenview Office,” respectively) and

never worked in the Kenosha Office. Id. ¶ 10.

In May 2023, Balance Holdco purchased membership interests in Weil

Management. Compl. ¶ 21. As part of that transaction, Defendant made a capital

contribution to Weil Holdings, acquiring a 7.7% membership interest in that entity,

which he believes is worth approximately $2.8 million. Id. ¶ 23; Alexander Aff.

¶ 16.

At that time, Defendant executed the Limited Liability Company Agreement

of Weil Holdings II, LLC (the “LLC Agreement”), which is governed by Delaware

law. Compl. ¶¶ 21, 24, 39; Alexander Aff. ¶ 18. Section 2.6 of the LLC Agreement

2 includes provisions governing the “Non-Competition and Non-Solicitation of

Employee Unitholders.” Ferguson Aff., Ex. B [hereinafter LLC Agt.] § 2.6. Section

2.6(a) states:

For so long as any Unitholder holds, directly or indirectly, any Units and for a period of two (2) years thereafter (the “Restricted Period”), such Unitholder shall not, and such Unitholder (if an entity) shall cause its legal and beneficial owners not to, directly or indirectly,

(i) engage in, or assist others in engaging, in the Restricted Business within the Restricted Territory,

(ii) have an interest in any Person that engages in the Restricted Business anywhere in the Restricted Territory in any capacity whatsoever, including as a partner, member, stockholder, manager, director, officer, employee, consultant, principal, agent or trustee . . . , or

(iii) cause, induce or encourage any actual or prospective patient, client, customer, supplier, vendor, referral source, business partner, service provider, consultant, lender, investor, landlord, agent, independent contractor, licensor or licensee of the business of any of the Company, the Company Entities, the Affiliated Practices, PNC Management, PNC Managed Practices, and their respective Affiliates (collectively and individually, the “Company Group”), or any other Person who has a business relationship with the business of any member of the Company Group, or to terminate or modify any such Person’s relationship with the business of any member of the Company Group in a manner that is adverse to any member of the Company Group; provided, however, that nothing herein shall prevent (A) Lowell S. Weil, Jr. and Matthew C. Dairman, DPM from owning, managing, providing services through, or otherwise participating in the business and activities of Foot and Ankle Business Innovations, LLC, as they are currently conducted; (B) services rendered in carrying out employment duties to any member of the Company Group; (C) consulting to medical

3 device, pharmaceutical or health information technology companies; (D) clinical research activities; (E) continuing to own any interest in any surgery center which such Unitholder owned (or under a letter of intent to be acquired) as of the date such Unitholder (or such Unitholder’s respective Affiliate) became a Unitholder and provision of medical director services by such Unitholder to such surgery center; and (F) providing residency program director services; provided, however, that except as otherwise approved by Balance Holdco in writing, that in the case of subsections (C)–(F) such Person shall have first received written approval from an authorized representative of Balance Holdco to engage in such activity (with such approval not to be unreasonably delayed or withheld). Id. § 2.6(a) (formatting altered for clarity). This memorandum opinion refers to

Section 2.6(a)(i) as the “Noncompete”; Section 2.6(a)(ii) as the “Ownership

Restriction”; and Section 2.6(a)(iii) as the “Non-Solicitation Provision.”

The LLC Agreement defines “Affiliated Practice,” “Restricted Business,”

“Restricted Territory,” and “Primary Practice Site” as follows:

“Affiliated Practice” means (i) any entity that provides podiatry or other healthcare services that has entered into a management or administrative services agreement with Weil Management, which podiatric entities include, without limitation, Weil Foot and Ankle Institute, LLC, an Illinois limited liability company, Foot & Ankle Specialists of West Michigan, PLLC, a Michigan professional limited liability company and 1 Foot 2 Foot Centre for Foot and Ankle Care, P.C., a Virginia professional service corporation, and (ii) Infinity Vascular Institute, S.C., an Illinois medical corporation.

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