Cattell

SP Inv. Fund I LLC v. Cattell

Good Law
18 Cal. App. 5th 898·227 Cal. Rptr. 3d 268
Court of Appeal of CaliforniaDecember 21, 2017B276822; B278559California3,047 words

Opinion

lead Opinion

Willhite, J.

*900 This case involves two consolidated appeals. In the first appeal, plaintiff SP Investment Fund I LLC (SP) appeals from a judgment of dismissal following the granting of the trial court's own motion for judgment on the pleadings in SP's breach of contract and conversion action against defendant Albert Craig Cattell. SP also appeals from the post-judgment order granting Cattell his contractual attorney fees. We conclude SP adequately stated causes of action for breach of contract and conversion. Accordingly, we reverse the judgment and, because Cattell's entitlement to attorney fees was predicated upon that judgment, we also reverse the order awarding fees.

BACKGROUND 1

Cattell owned a 1.24 percent limited partnership interest (the Partnership Interest)

*270 in Morrisania IV Associates, Limited Partnership, a New York limited partnership (the Partnership). In December 2013, SP and Cattell entered into a written agreement (the Agreement) by which Cattell agreed to sell, and SP agreed to buy, the Partnership Interest for $10,000.

*901 A. Terms of the Agreement

The effective date of the Agreement was December 6, 2013; it had an expiration date of June 30, 2015. The Agreement…

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