California Court of Appeal

In a case arising under California's Unclaimed Property Law (UCL) brought by a private investigation firm that specializes in the recovery of unclaimed property against a defendant with whom it entered into a memorandum of understanding (MOU) to locate and recover shares of stock belonging to defendant in exchange for a fee, alleging breach of contract, fraud, and unjust enrichment when defendant found and recovered the shares himself and refused to pay plaintiff's fee, the trial court's sustained of defendant's demurrer without leave to amend is affirmed where the MOU violates the UCL and is unenforceable.

Appellate Information

• Published 2016/04/11

Judges

• RENNER

Court

• California Court of Appeal

Counsel