Wright v. Dee

87 Va. Cir. 148, 2013 Va. Cir. LEXIS 168
CourtHanover County Circuit Court
DecidedOctober 7, 2013
DocketCase No. CL13001700-00
StatusPublished
Cited by2 cases

This text of 87 Va. Cir. 148 (Wright v. Dee) is published on Counsel Stack Legal Research, covering Hanover County Circuit Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wright v. Dee, 87 Va. Cir. 148, 2013 Va. Cir. LEXIS 168 (Va. Super. Ct. 2013).

Opinion

By Judge Patricia Kelly

Before the court is Defendant’s first Plea in Bar and Demurrers. The court heard argument on October 1, 2013, and took the matter under advisement. Following a thorough review of the pleadings and the law, the court finds as follows.

I. Background

Plaintiff filed suit, individually and derivatively as a Member of Northlake Park, L.L.C. (“NLP”), against Gale A. Dee (Dee), Christopher Jones, BMC-NL, L.L.C. (“BMC”), and Northlake Park, L.L.C. (“NLP”), alleging Breach of Fiduciary Duty by Dee, Tortious Interference with Contract and Business Expectancy by Dee, Tortious Interference with Contract and Business Expectancy against Jones and BMC, and civil conspiracy by Dee, Jones, and BMC. Defendants Dee, Jones, and BMC filed Pleas in Bar and Demurrers to all counts. This opinion addresses the First Plea in Bar and all Demurrers under Case No. CL13-1700.

NLP is a Virginia Limited Liability Corporation formed by the execution of an Operating Agreement (“the Agreement”) between Plaintiff Wright, Edwin C. Dee, and John W. Gibbs. After forming NLP, Edwin C. Dee died [149]*149and his wife, Defendant Dee was named as a member of the L.L.C. in his place. As of the time of this action, Plaintiff and Dee are both managers of NLP.

Defendant Dee and Defendant Jones are cousins. Defendant BMC is a Virginia Limited Liability Corporation managed by BMC Assets, L.L.C., a Delaware Limited Liability Corporation. Defendant Jones is on the board of Congressional Bank and a manager of BMC.

NLP owned commercial real estate (“the property”) in Hanover County, Virginia, that consisted of two buildings leased as office space and warehouse space. The complaint arises out of the foreclosure of that commercial property. The property was originally financed by a loan secured by a Deed of Trust with BB&T. On January 17, 2013, BB&T sent a letter to NLP indicating they were late on their payment on the Note in the amount of $28,512.85. On January 22, 2013, BB&T issued a Notice of Default and a Notice of Intent to Accelerate demanding that the entire balance of the Note, $4,927,254.86, be paid in full.

The Complaint alleges that, after receiving the Notice, Defendant Dee contacted Defendant Jones about the property. Dee informed Plaintiff that Jones was interested in purchasing the properly and that Jones was coming to view the property in early February. Dee then requested information about the properly from various sources including current lease agreements and layouts of the property, which she passed on to Jones. Dee met with Jones at the property in February. Dee contacted several individuals and indicated that Jones was a potential “investor” in the property.

After receiving the Notice of Intent to Accelerate, Plaintiff contacted BB&T and made an appointment to discuss payment options on the Note. Plaintiff advised Dee that the appointment had been made with BB&T for January 29, 2013, to discuss their options. After that meeting, Plaintiff contacted Jason L. Hertherington of Colliers International to discuss efforts to sell or lease the property. Dee later contacted Hertherington in March of 2013 and informed him that she was the majority partner in NLP and Plaintiff had been acting outside his scope of authority when he entered the brokerage agreement to list the property for sale. The Complaint alleges that Dee contacted Hertherington in response to a purchase offer and indicated that neither she nor the “new investors” were interested in a sale price on the Property of less than $6,100,000.00.

BB&T transferred and sold the note secured by the Deed of Trust to Congressional Bank. Congressional Bank transferred and sold the note to Defendant BMC. In early April, Jones, acting on behalf of BMC, wrote to Plaintiff advising him that NLP owed BMC the full balance on the Note, $4,927,254.86, plus interest and late fees. After not receiving payment, BMC appointed Substitute Trustees, Christopher Glaser and James Markels, both associates of Jackson and Campbell, P.C. In late April 2013, David A. Rahnis of Jackson & Campbell, P.C., sent to Plaintiff the Notice [150]*150of Trustee’s Sale of the Property. The property was sold at foreclosure in May of 2013.

II. Rule of Law

“A plea in bar [ . . . ] reduces the litigation at hand to a single issue that, if proven, creates a bar to the plaintiffs right of recovery.” Williams v. Stevens, 86 Va. Cir. 385 (City of Norfolk 2013). There are two requirements to commence a derivative proceeding against a limited liability company. Va. Code Ann. § 13.1-1042(B) (2013). First, a written demand must be made on the limited liability company to take suitable action. Va. Code Ann. § 13.1-1042(B)( 1) (2013). Second, the complainant must wait ninety days from the date of demand unless the demand has been rejected or irreparable injury would occur in the meantime. Va. Code Ann. § 13.1-1042(B)(2) (2013).

A demurrer may be employed to strike a pleading that does not state a cause of action or fails to state facts upon which relief may be granted. Va. Code Ann. § 8.01-273. A demurrer admits the factual pleadings to be true and accepts any reasonable factual inferences fairly and justly drawn from them. The demurrer does not, however, admit the correctness of the pleading’s conclusions of law. Fox v. Custis, 236 Va. 69, 372 S.E.2d 373, (1988). “A court may examine not only the substantive allegations of the pleading attached, but also any accompanying exhibit mentioned in the pleading.” CaterCorp, Inc. v. Catering Concepts, Inc., 246 Va. 22, 24, 431 S.E.2d 277, 278 (1993).

III. Analysis

A. Defendant’s First Plea in Bar

Plaintiff never submitted a demand letter to NLP. Instead, Plaintiff submitted a letter notifying NLP of his intent to file suit pursuant to Va. Code § 13.1-1042(B)( 1 )-(2). In this letter he makes no demand upon NLP to take any action to inhibit injury to itself. The letter merely contains allegations of wrongdoing, not a demand for suitable action. There is in fact no demand of any particular action to redress the alleged wrong in Plaintiff’s letter. Furthermore, the letter makes no attempt to state what injury he believes NLP will suffer if action is not taken. It is clear from the pleadings that Plaintiff became privy to the issue of default as early as January 2013. He did not demand anything from NLP in response to the actual issue of default and the Notice of Intent to Accelerate.

In response to Defendant’s Plea in Bar, Plaintiff argues that he did not have to wait ninety day to file because NLP would suffer irreparable injury if he was required to wait. The foreclosure had not yet occurred at the time of his notice of suit. In his prayer for relief, Plaintiff is seeking an injunctive [151]*151to prevent the foreclosure, but did not seek a hearing on the issue prior to the foreclosure.

Plaintiff further argues it would have been futile to make a demand on NLP because only he and Dee were active managers in NLP. In support of this position, Plaintiff relies on Adam Schrager & Revolution Develop. Group, L.L.C. v. Isquith, 69 Va. Cir. 31 (City of Richmond 2005). That case relied on Liggett v.

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Cite This Page — Counsel Stack

Bluebook (online)
87 Va. Cir. 148, 2013 Va. Cir. LEXIS 168, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wright-v-dee-vacchanover-2013.