Greenfield

Greenfield v. Kandeel CA2/5

Good Law
Court of Appeal of CaliforniaFebruary 14, 2025B329265California2,248 words

Opinion

Opinion

I. INTRODUCTION

Defendant and appellant Ayman Kandeel appeals from the trial court’s amended judgment on remand that determined the amount of prejudgment interest to which plaintiff and respondent Greenfield Gulf LLC (formerly Greenfield LLC1) (Greenfield) was entitled on its $25 million fraud and negligent misrepresentation verdicts.2 We reverse the amended judgment and remand with directions set forth below.

II. BACKGROUND

Based on an assignment of claims from Jarallah and Mohammed Nassar al-Jarallah (al-Jarallahs), Greenfield brought an action against Kandeel and AKCJ for conversion, common law fraud, and common law negligent misrepresentation.3 In a special verdict, the jury found in Greenfield’s favor on its conversion claims against Kandeel and AKCJ and on its fraud and negligent misrepresentation claims against Kandeel. On Greenfield’s conversion claims, the jury awarded $20.3 million

On remand, the court recognized Greenfield’s name change.

The opening brief on appeal also identifies defendant AKCJ Management, Inc. (AKCJ) as an appellant. The opening brief does not explain and we do not perceive how the amended judgment aggrieved AKCJ as it was not…

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