Hasso
Hasso v. J & J Real Estate Holdings CA4/2
Opinion
Opinion
I. FACTS AND PROCEDURAL BACKGROUND
Plaintiff asserts in his first amended complaint causes of action for breach of
fiduciary duty, conspiracy to breach fiduciary duty, fraudulent conveyance, conspiracy to
commit a fraudulent conveyance, and alter ego liability. The details of plaintiff’s
allegations are not relevant to our disposition of the present appeal, so we will sketch
2 them only in broad strokes. Plaintiff alleges he is a judgment creditor of J.S.B. Financial
Corporation and Ozcorp Corporation, and is a creditor of the other defendants, with
claims not yet reduced to judgment. He contends defendants—which include individuals
allegedly controlling the corporate defendants—engaged in a scheme to prevent him from
collecting on the judgment against J.S.B. Financial Corporation and Ozcorp Corporation,
or any judgments that may be entered against the other defendants.
On May 23, 2011, after 11 days of jury trial, the trial court granted the motions for
nonsuit brought by defendants with respect to all plaintiff’s claims. This appeal
followed.
On November 22, 2011, all parties to this appeal signed a “Settlement Agreement
and Mutual Release” (settlement agreement),…