California Court of Appeal
PACLINK COMMUNICATIONS INT'L, INC. v. SUPERIOR COURT OF LOS ANGELES COUNTY (YEUNG), B149318
A claim that some members of a limited liability company fraudulently transferred assets does not inure to the other LLC members, even if they are creditors, because the injury is to the LLC, so the plaintiffs must bring the claim as a derivative action.
- Decided 07/19/2001
- Published 07/19/2001
- CHARLES S. VOGEL, P.J.
- California Court of Appeal
- For Appellant:
- Gronemeier & Associates, Dale L. Gronemeier, South Pasadena, Kristine L. Olsen; Law Offices of Albert C. Lum and Albert C. Lum, South Pasadena, for Petitioners., Steven L. Sugars, San Marino, and George L. Young, for Real Parties in Interest.
- For Appellees:
- No appearance for Respondent.