Jin v. Yan CA2/4

CourtCalifornia Court of Appeal
DecidedDecember 29, 2025
DocketB333809
StatusUnpublished

This text of Jin v. Yan CA2/4 (Jin v. Yan CA2/4) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jin v. Yan CA2/4, (Cal. Ct. App. 2025).

Opinion

Filed 12/29/25 Jin v. Yan CA2/4 NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION FOUR

SHINO JIN, B333809 (Los Angeles County Plaintiff and Appellant, Super. Ct. No. 23STCV13341)

v.

JIE YAN,

Defendant and Respondent.

APPEAL from an order of the Superior Court of Los Angeles County, James C. Chalfant, Judge. Affirmed. Bryan Cave Leighton Paisner, Jed Patrick White, David Harford, Robert Hoffman, Elliott Averett; Knez Law Group and Matthew J. Knez for Plaintiff and Appellant. Shulman Bastian Friedman & Bui, Leonard M. Shulman, Franklin J. Contreras, Jr. and Bryan Whitmer-Cabrera for Defendant and Respondent. In this case, we must decide a surprisingly difficult question: Who owns Starbridge Group, Corp. (Starbridge), the majority owner of a hotel near the Ontario Airport (Hotel)? After conducting a hearing and weighing evidence, the trial court ruled that defendant and respondent Jie Yan, and not plaintiff and appellant Shino Jin, owned Starbridge. We affirm the trial court’s decision. Under Corporations Code section 709 (section 709), a shareholder can commence an equitable proceeding to contest the validity of a corporate election. Shino Jin brought such action to invalidate the appointment of Jie Yan as director of Starbridge and the removal of Shino’s husband, Jianhua Jin,1 and his related companies from corporate management. The shareholder vote followed Yan’s purchase of Starbridge shares from Jianhua’s relative, Shengjing Lu, and Lu’s company, Starry Palace Limited (Starry). In her petition, briefing, and evidentiary submissions, Shino asserted she, not Yan, was majority owner of Starbridge through a company called American Asset Management Group Inc. (AAMG). The trial court did not find this assertion credible. On appeal, Shino contends the trial court committed structural error by refusing oral testimony and cross- examination. She also challenges the sufficiency of evidence supporting the finding Yan held a valid shareholder vote after purchasing Starbridge, as well as evidentiary rulings regarding two declarants. Shino’s arguments lack merit.

1 We refer to Shino Jin, her husband Jianhua Jin, and others who share the same last name by their first name. We intend no disrespect.

2 BACKGROUND On June 9, 2023, Shino filed a section 709 petition to invalidate an October 2021 Starbridge shareholder vote held by Yan after her purchase of Starbridge shares. At a hearing setting conference, the trial court directed the parties to brief the issues with supporting evidence. Shino filed opening and reply briefs. Yan filed an opposition brief. Below we discuss Starbridge’s complex and disputed 11-year history as set forth in the petition, briefs, and record evidence.

A. Individuals and Corporate Entities On December 6, 2012, Jianhua filed articles of incorporation for Starbridge Investment LLC (LLC) in this state. The same month, the LLC was capitalized through wire transfers from AAMG ($10.9 million total), Pt. VicValuta ($4.68 million total), and Skylight Holdings Limited (Skylight) ($1.32 million total). The LLC used this money and other deposits2 to purchase the Hotel for $18.5 million. Notwithstanding this capitalization, the LLC’s initial corporate documents listed the following three member-owners: Starbridge (60% owner), Lancer Solution Corp. (Lancer) (30% owner), and Morgan Holding Group, Inc. (Morgan) (10% owner). Members were permitted to seek the return of capital contributions upon approval of majority shareholders. No member could assign or sell any membership interest without prior approval of majority shareholders.

2 Velocity Investment Group, Inc. (Velocity), a company owned by Jianhua, made three earnest money deposits totaling $3.9 million. Shino’s petition alleges Velocity advanced this money on AAMG’s behalf. The parties do not make arguments based upon these deposits.

3 Jianhua is sole owner-shareholder of Morgan and Lancer. Jianhua’s relative, Lu, is sole owner-shareholder of Skylight and Starry.3 Lu also contributed the funds from Pt. VicValuta. Jianhua or Shino own AAMG. In March 2013, Jianhua filed articles of incorporation of Starbridge in Nevada. These articles identified 1,000 issued shares priced at $100 per share. A share certificate, corporate tax return (fiscal year 2012–2013), and October 2013 Starbridge Resolution confirmed Starry owned 100% shares in Starbridge.4 The 2013 Starbridge Resolution also identified a man named Pakshu Chan as Starbridge’s President, who possessed powers of management subject to shareholder approval. Yan is a real estate agent. After negotiating a failed Hotel sale in September 2021, Yan agreed to pay Starry $2 million for 1,000 Starbridge shares. Yan paid this amount through her business associate, Mingzhe Li. Li’s payment was received by another intermediary, Bo Chen, and an affiliated company called Fu Bang Group Corp. (Fu Bang Group).5

3 At the time of these proceedings, Lu and another person associated with funding the LLC and Hotel, Rongji Chan, were “detained in China” and unable to participate in the proceedings. 4 The October 2013 Starbridge Resolution, signed by Lu and Jianhua, ratified a Property Rights Affirmation Agreement executed the same day between Starry and another company owned by Jianhua, Black King (Global) Investment Group Limited (hereinafter “Black King”). The resolution and agreement confirmed Starbridge was (1) fully owned by Lu through Starry; (2) 60% owner of the LLC; and (3) “[r]esponsible for [the LLC’s] entire capital contribution.” The Hotel comprises one of several “real estate properties” Black King and its subsidiaries (Lancer and Morgan) purchased for Starry. 5 Bo Chen’s husband owns Fu Bang Group.

4 B. The Dispute: Starbridge Ownership and Voting Rights The parties’ dispute arose in October 2021 when Yan, as sole Starbridge shareholder, held corporate meetings and voted herself Director and removed Jianhua from management and Morgan as a proxy. Relying on a set of corporate documents purporting to amend Starbridge’s ownership in 2014, Shino alleged Yan’s election was invalid because she did not own the majority interest in Starbridge. Yan disputed Shino’s theory and the documents on which she relied.

1. Shino’s Opening Brief and Supporting Evidence a. Capital Contributions and Basis for Amendments In her opening brief, Shino argued she personally capitalized the LLC through AAMG with the understanding that her husband Jianhua’s relative, Lu, would repay her contributions. The initial corporate documents of Starbridge were drafted “in anticipation of the initial arrangement that Mr. Lu was supposed to fully fund the purchase of the Hotel in 2012.” When Lu informed Shino and Jianhua he could not refund her contributions in 2013, and after the LLC returned $3 million to Lu in 2014, Shino and Lu executed various documents purporting to amend Starbridge’s ownership. These documents (the Amending Documents) include a 2013 Starbridge Shareholder Agreement, various 2014 LLC Resolutions and Starbridge Meeting Minutes, and a 2021 Starbridge Resolution. In declarations, Shino and Jianhua averred Shino and Lu personally executed the Amending Documents inside Lu’s Fuzhou, China home. Jianhua was “long-term” acquaintances with Yan, Yan’s ex-husband (and Jianhua’s realtor) Ray Cai, and

5 Bo Chen. By trade, Shino was a schoolteacher and Jianhua managed schools in China. The Hotel was Jianhua’s first American investment.

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