California Court of Appeal

In a judgment creditor's action under California Uniform Commercial Code section 8112 to reach shares of stock owned by the judgment debtor and his wife to satisfy a money judgment, judgment of the trial court is reversed as it was an abuse of discretion to order worthless shares of stock transferred to a judgment creditor in satisfaction of a money judgment without any reduction in the outstanding judgment.

Appellate Information

• Decided 01/26/2010
• Published 01/26/2010

Judges

Court

• California Court of Appeal

Counsel

• For Appellees:
  
• Orrick, Herrington & Sutcliffe, Matthew H. Poppe, M. Leah Somoano and Frank D. Rorie for Defendants and Appellants., Eagan, O'Malley & Avenatti and John C. O'Malley for Plaintiffs and Respondents.