Elvis Presley Enterprises, Inc. v. Passport Video
This text of 334 F. App'x 810 (Elvis Presley Enterprises, Inc. v. Passport Video) is published on Counsel Stack Legal Research, covering Court of Appeals for the Ninth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
MEMORANDUM
Passport International Entertainment, LLC (PIE) appeals the district court’s order adding it as a judgment debtor. We affirm.
The district court did not abuse its discretion in amending the judgment. See Cigna Prop. & Cas. Ins. Co. v. Polaris Pictures Corp., 159 F.3d 412, 421 (9th Cir.1998). Substantial evidence supports the district court’s finding that PIE is a successor corporation to Passport International Productions (PIP) and Passport International Productions of California (PIP-CA), and that the asset transfers were fraudulent and undertaken for the purpose of escaping liability. See Cal. Civ.Code [812]*812§§ 3489.04, .07; McClellan v. Northridge Park Townhome Owners Ass’n., 89 Cal.App.4th 746, 107 Cal.Rptr.2d 702, 707-08 (Cal.Ct.App.2001). PIE has the same shareholder, same directors, same assets, and same business as PIP and PIP-CA did. The timing of the assets transfer also supports the district court’s conclusion that PIE is “merely a continuation” of PIP and PIP-CA. See McClellan, 107 Cal.Rptr.2d at 707. At most, Florence Pugliese’s1 supposed foreclosure of her security interests was one part of a series of fraudulent transfers undertaken to avoid liability to creditors. See id.', cf. Katzir’s Floor & Home Design, Inc. v. M-MLS. com, 394 F.3d 1143, 1150-51 (9th Cir.2004).
AFFIRMED.
This disposition is not appropriate for publication and is not precedent except as provided by 9th Cir. R. 36-3.
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334 F. App'x 810, Counsel Stack Legal Research, https://law.counselstack.com/opinion/elvis-presley-enterprises-inc-v-passport-video-ca9-2009.