Merrick

Merrick v. Lau

Good Law
Court of Appeal of CaliforniaDecember 17, 2024B322994California3,813 words

Opinion

Opinion

Grimes, J.

FACTS

Plaintiff Natalie Lloyd Merrick is the daughter of defendant Gee Lau. She lent her mother funds to purchase a condominium in Shanghai so that her mother could live there. After disputes over defendant’s use of the property, the two made an agreement about funds to be paid to plaintiff when the property was sold. In March 2016, Teddy Lloyd (defendant’s son and plaintiff’s brother) sold the Shanghai condominium on defendant’s behalf and placed the proceeds in his own personal bank account in China. In April 2017, plaintiff sued Mr. Lloyd and defendant to

2 recover her interest in the balance from the sale of the property “in the amount of at least $306,089.53.” In June 2019, the court found defendant breached her agreement with plaintiff. (The court found Mr. Lloyd was not liable for conversion and there was no judgment against Mr. Lloyd.) The July 22, 2019 judgment provided plaintiff was to recover from defendant “the net proceeds from the sale of the Property in the amount of $242,091.00 plus any interest accrued on the Agricultural Bank of China bank account in which the monies were held” as well as prejudgment interest from March 16, 2016. Over two years later, on…

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