Old CFI v. Case Financial CA2/3

CourtCalifornia Court of Appeal
DecidedAugust 28, 2014
DocketB251404
StatusUnpublished

This text of Old CFI v. Case Financial CA2/3 (Old CFI v. Case Financial CA2/3) 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
Old CFI v. Case Financial CA2/3, (Cal. Ct. App. 2014).

Opinion

Filed 8/28/14 Old CFI v. Case Financial CA2/3 NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS California Rules of Court, rule 977(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 977(b). This opinion has not been certified for publication or ordered published for purposes of rule 977.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION THREE

OLD CFI, INC., B251404

Plaintiff and Respondent, (Los Angeles County Super. Ct. No. BC391485) v.

CASE FINANCIAL, INC., et al.,

Defendants and Appellants.

APPEAL from an order of the Superior Court of Los Angeles County,

Kevin C. Brazile, Judge. Affirmed.

Gladych & Associates, Inc. and John A. Gladych for Defendants and Appellants.

Law Office of Nick A. Alden and Nick A. Alden for Plaintiff and Respondent.

_______________________________________ Old CFI (Old CFI) sued Case Financial, Inc. (Case) and Case Capital

Corporation, a subsidiary of Case (collectively, the Case defendants), on both contract

and tort claims. The court compelled arbitration with respect to the contract claim, and

Old CFI voluntarily dismissed the tort claims on the eve of trial. The Case defendants

moved for the attorney’s fees they incurred defending against the tort claims, and the

trial court denied the motion.

On appeal, the Case defendants argue that the tort claims were “related to” the

parties’ contract which contained a broad attorney’s fee provision, and, therefore, the

Case defendants were entitled to recover the fees they had incurred defending against

those claims. The trial court found that the tort claims were not “related to” that

contract, and we agree. Therefore, we affirm the order denying the motion for

attorney’s fees.

FACTUAL AND PROCEDURAL BACKGROUND

Old CFI was previously in the business of providing loans to plaintiffs and their

attorneys in personal injury cases. In March 2002, Case acquired certain assets from

Old CFI and issued more than two million shares of its common stock to Old CFI in

exchange. Case also entered into a “Services Agreement” with Old CFI whereby Case

agreed to liquidate Old CFI’s assets in exchange for a fee. The Services Agreement

provided that, “[i]n the event of suit, arbitration or other proceeding between the parties

hereto with respect to this Agreement, the prevailing party shall . . . be entitled to

reasonable attorney[’s] fees . . . . ”

2 In May 2008, Old CFI sued the Case defendants for breach of the Services

Agreement based on Case’s alleged failure to pay Old CFI any of the funds collected

from the liquidation of Old CFI’s assets. The complaint also contained causes of action

for breach of fiduciary duty and “conspiracy to embezzle property” alleging that Case’s

officers had embezzled shares of stock from Old CFI.

The Case defendants successfully petitioned the trial court to compel arbitration

as to the breach of contract cause of action pursuant to an arbitration clause in the

Services Agreement. The arbitrator dismissed the matter with prejudice and awarded

the Case defendants their fees and costs. The trial court then granted Old CFI’s motion

to vacate the award. The Case defendants appealed, and we reversed the order vacating

the award.1 On remand, the trial court confirmed the award, and granted Old CFI leave

to amend its complaint with respect to the tort claims.

In September 2012, Old CFI filed an amended complaint for breach of fiduciary

duty, conspiracy to embezzle property, and conversion. The breach of fiduciary duty

cause of action was alleged against Case, Michael Schaffer, Lawrence Schaffer, and

Samuel Schwartz.2 Michael and Lawrence were alleged to be executives of Case and

Case Capital, and Samuel Schwartz was alleged to be the CEO of Old CFI.

1 Old CFI, Inc. v. Case Financial, Inc. (B227489; filed on July 29, 2011) [nonpub. opn.]. 2 For simplicity and clarity, we refer to Michael and Lawrence Schaffer by their first names. We intend no disrespect or undue familiarity.

3 The amended complaint alleged that, after Case issued shares of its common

stock to Old CFI, Schwartz conspired with Michael and Lawrence to transfer those

shares back to Case without the knowledge of Old CFI’s board of directors and without

receiving any consideration in return. The cause of action for breach of fiduciary duty

alleged that Michael and Lawrence, in their capacity as Case officers, owed a fiduciary

duty to Old CFI arising from Old CFI’s ownership of Case shares. Michael and

Lawrence allegedly breached that duty by conspiring with Schwartz to “embezzle” the

shares.

Schwartz, in his capacity as Old CFI’s CEO, was alleged to have breached his

fiduciary duty to Old CFI on two grounds: (1) he “fraudulently embezzled the

[s]hares”; and (2) he “knew that [Case] was breaching the Service[s] Agreement by

failing to deposit into O[ld] CFI’s bank account all the monies collected from the

Portfolio of O[ld] CFI, but did absolutely nothing about it.” The causes of action for

conspiracy and conversion alleged that Schwartz, Michael and Lawrence had embezzled

or “converted” the shares.

In April 2013, at Old CFI’s request, the court dismissed the case without

prejudice. The Case defendants filed a motion for the attorney’s fees they incurred

defending against the tort claims based on the Services Agreement’s attorney’s fee

provision. Old CFI opposed the motion on the ground that the tort claims did not relate

to the Services Agreement, among other arguments.

The trial court found that the attorney’s fees provision in the Services Agreement

was “broad enough to encompass tort claims ‘relating to’ the Services Agreement.”

4 However, the trial court denied the motion on the ground that the tort claims did not

relate to the Services Agreement: “Herein the [torts] . . . involve the improper transfers,

embezzlement and misappropriation of 2 million shares of common stock in Case

Financial[]. . . . These [] torts are independent of the Services Agreement, which only

involved the collection of monies receivable from O[ld] CFI’s portfolio of loans.” The

Case defendants timely appealed.

CONTENTIONS

The Case defendants contend that the trial court erred in finding that Old CFI’s

tort claims did not “relate to” the Services Agreement.

DISCUSSION

“Except as attorney’s fees are specifically provided for by statute, the measure

and mode of compensation of attorneys and counselors at law is left to the agreement,

express or implied, of the parties . . . .” (Code Civ. Proc., § 1021.) Attorney fees which

are authorized by contract, statute, or law are “allowable as costs under [Code of Civil

Procedure] Section 1032” (Code Civ. Proc., § 1033.5, subd. (a)(10)), and awarded to the

prevailing party (Code Civ. Proc., § 1032, subd. (a)(4)).

If a contractual attorney’s fee provision is phrased broadly enough, the prevailing

party in a dispute may recover attorney’s fees in connection with noncontractual or tort

claims. (Santisas v. Goodin (1998) 17 Cal.4th 599, 608.) For example, courts have

held that an attorney’s fee provision that provides for fees in any action arising from or

relating to the contract is broad enough to encompass recovery of attorney’s fees for tort

claims. (Id. at p.

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Old CFI v. Case Financial CA2/3, Counsel Stack Legal Research, https://law.counselstack.com/opinion/old-cfi-v-case-financial-ca23-calctapp-2014.