Hopkins

Hopkins v. Kishel (In re Kishel)

Good Law
1987 Bankr. LEXIS 1674·78 B.R. 1010
United States Bankruptcy Court, Central District of CaliforniaOctober 19, 1987Bankruptcy No. LA 86-09816 JNB; Adv. No. LA 86-2526California765 words

Opinion

Lead Opinion

Votolato, J.

DECISION AND ORDER DENYING PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT

Heard on May 27 and 28, 1987, on the plaintiff’s motion for summary judgment against the debtor in the above captioned complaint to determine dischargeability.

The pertinent facts are as follows: Plaintiff Hopkins, and Kishel (the debtor), established a partnership (GYROART) in April 1980, 'for the purpose of developing a gyroscopic navigation device for use in aircraft by the United States military. Subsequently, the partners had a falling out, with Hopkins contending that Kishel froze him out of the partnership and converted the partnership assets to his (Kishel’s) own use. As a result, Hopkins filed suit in the California Superior Court alleging, inter alia, fraud, conversion of partnership assets, and breach of fiduciary duty. After a jury trial held on January 14, 15, and 16, 1986, the jury found for Hopkins and assessed $95,000 in general damages, and $200,000 in punitive damages against Kish-el. Judgment was entered on the verdict on May 29, 1986, and the debtor filed his Chapter 7 petition on June 2, 1986.

Plaintiff’s motion for summary judgment originally was based on the record in the state court…

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