Stacks v. Bluejay Holdings LLC et al, No. 4:2010cv00718 - Document 76 (E.D. Ark. 2011)

Court Description: OPINION AND ORDER that the motions to dismiss are GRANTED with respect to Count I and DENIED with respect to Counts II through VI 69 71 73 . Signed by Chief Judge J. Leon Holmes on 4/1/11. (vjt)

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Stacks v. Bluejay Holdings LLC et al Doc. 76 IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS WESTERN DIVISION JOHN B. STACKS v. PLAINTIFF No. 4:10CV00718 JLH BLUEJAY HOLDINGS LLC; TEN X HOLDINGS LLC; RICHARD F. BESTON, JR.; JOHN W. BRANCH; and JASON MAPLES DEFENDANTS OPINION AND ORDER On June 22, 2010, John Stacks filed a complaint in this Court against the defendants for alleged violations of a promissory note; breach of contract; violations of the Arkansas Deceptive Trade Practices Act ( ADTPA ), Ark. Code Ann. ยง 4-88-101 et seq.; and deceit after Bluejay Holdings allegedly failed to pay Stacks the agreed-upon purchase price for a sixty-five percent interest in three water companies that Stacks owned. The defendants filed a motion to dismiss Stacks s complaint for lack of subject matter jurisdiction and improper venue, arguing that venue was governed by a forum selection clause in the promissory note that was signed by Bluejay Holdings LLC and Ten X Holdings LLC. In an Opinion and Order filed September 29, 2010, the Court determined that Count I of the complaint, which arose under the promissory note, should be dismissed. Document #13. The Court denied the defendants motion to dismiss the remaining counts, however, reasoning that the forum-selection clause in the promissory note did not govern the breach of contract or tort claims alleged in the complaint. On March 10, 2011, Stacks filed an amended complaint against the defendants and asserted all of the same claims originally made against the defendants as well as an additional claim for rescission. Individually named defendants Richard F. Beston, Jr., John W. Branch, and Jason Maples filed motions to dismiss the plaintiff s complaint for lack of subject matter jurisdiction and Dockets.Justia.com improper venue. In response, Stacks concedes that Count I, which is the same promissory note claim that was alleged in the original complaint, should be dismissed. For the reasons the Court has already stated in its previous Opinion and Order, the motions to dismiss are GRANTED with respect to Count I and DENIED with respect to Counts II through VI. Documents #69, #71 and #73. IT IS SO ORDERED this 1st day of April, 2011. ___________________________________ J. LEON HOLMES UNITED STATES DISTRICT JUDGE 2

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