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EPITECH, INC. v. KANN

No. B230197.

204 Cal.App.4th 1365 (2012)

139 Cal. Rptr. 3d 702

EPITECH, INC., et al., Plaintiffs and Respondents, v. GARRY MICHAEL KANN et al., Defendants and Appellants.

Court of Appeals of California, Second District, Division Three.

April 16, 2012.

Attorney(s) appearing for the Case

Jacobson, Russell, Saltz & Fingerman and Mark E. Fingerman for Defendants and Appellants.

Law Offices of John A. Belcher, John A. Belcher ; McColloch Law Firm and Michael T. McColloch for Plaintiffs and Respondents.

OPINION

CROSKEY, J.—

As a corporation's short-term secured debt obligations were soon to come due, it retained a financial advisor to enable it to obtain long-term financing which would, in part, enable it to pay off its short-term creditors. The financing was never obtained, and the corporation ultimately fell into bankruptcy. The corporation's short-term creditors brought suit against the financial advisor, alleging that his fraudulent...

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