Poizner v. Fremont General Corp., B183974
Judgment dismissing complaint that alleged misappropriation of funds is reversed as the court erred by: 1) taking judicial notice of the enforceability and proper interpretation a letter agreement; 2) by holding that the complaint fails to allege facts sufficient to constitute a claim for conversion of intangible personal property; and 3) the sustaining of the demurrer cannot be affirmed on other grounds, with the sole exception of count for violation of Insurance Code section 1215.5, which fails to state a proper cause of action.
- Decided 02/28/2007
- Published 02/28/2007
- California Court of Appeal
- For Appellant:
- Bill Lockyer, Attorney General, W. Dean Freeman, Mark P. Richelson, Raymond B. Jue, Deputy Attorneys General; Orrick, Herrington & Sutcliffe, Thomas J. Welsh, James E. Houpt and Jonathan G. Riddell for Plaintiff and Appellant.
- For Appellees:
- Pachulski, Stang, Ziehl, Young, Jones & Weintraub, Iain A.W. Nasatir, James K.T. Hunter; Kaye Scholer, George T. Caplan, Kristopher S. Davis and Matthew G. Clark, Los Angeles, for Defendants and Respondents.