Wertheim, LLC v. Omidvar CA2/1

BACKGROUND

A. Introduction We take the facts from plaintiff’s allegations in this litigation and from evidence presented in prior appeals, reciting them here only for context. Because this appeal comes to us after summary judgment, there have been no factual findings. Plaintiff Wertheim alleges that defendants O’Neil Omidvar and his relatives, Parviz and Oliver Omidvar, and their companies, Currency Corporation, Tiffany Ventures, LLC, Entertainment Factors, LLC, and Music Royalty Consulting, Inc. (collectively Omidvar), lent money at high interest rates to 1 elderly artists who owned royalty rights. In exchange, the artists assigned their royalties to Omidvar.

1 In prior appeals we referred to Omidvar-aligned defendants collectively as “Currency.” In this appeal we refer to them collectively as “Omidvar” to synergize with the pleadings. Although not all defendants have always appeared in the various cases between these parties, for present purposes “Omidvar” and “Currency” are interchangeable.

2 Maibell Page, 1941-2012, was the widow of Eugene Page, a highly successful songwriter, arranger and producer who died in 1998. In Currency Corp. v. Wertheim (Sept. 30, 2013,…