Charles E. Bethel, II v. Darwin Select Insurance Co.

GRUENDER, Circuit Judge.

Charles Bethel II and Jennifer Frantz appeal the district court’s 1 grant of summary judgment in favor of Darwin Select Insurance Company (“Darwin”) on their claims for declaratory relief, breach of contract, and breach of implied contractual duties of good faith and fair dealing. For the reasons discussed below, we affirm.

I. Background

In 2005, Trent Jonas formed Zen Title, LLC, a Minnesota-based title insurance agency. Jonas persuaded Bethel and Frantz to invest both time and money in Zen Title in exchange for minority ownership interests in the company. Frantz also…