Scuderia Partners v Shen
MOTION FOR SUMMARY JUDGMENT/ADJUDICATION
Calendar: 11
Case No.: EC066100
Hearing Date: 2/23/18
Trial Date: 3/26/18
MP:
Defendant Yufen “Feny” Shen
RP:
Plaintiff Scuderia Capital Partners, Inc. f/k/a Scuderia Capital Partners, LLC
ALLEGATIONS IN COMPLAINT:
In this action, Plaintiff Scuderia Capital Partners, Inc. alleges that Defendants Eric Po-Chi Shen (“Mr. Shen”) and his ex-wife Yufen “Feny” Shen (“Ms. Shen”) stole and embezzled money from Plaintiff. Plaintiff alleges that Mr. Shen, as CEO of Plaintiff, caused Plaintifff to accept a promissory note for $553,100 with Ms. Shen and that Mr. Shen spent more than $5 million of Plaintiff’s funds to purchase jewelry and handbags for Ms. Shen.
The FAC, filed May 25, 2017, alleges causes of action for: (1) breach of written contract against Ms. Shen; (2) rescission based on fraud and failure of consideration against Ms. Shen; (3) breach of fiduciary duty against Mr. Shen; (4) conversion against Defendants;
Hearing Date
February 23, 2018
Type
Othr Breach Contr/Warr-not Fraud (General Jurisdiction)
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Scuderia Partners v Shen
MOTION FOR SUMMARY JUDGMENT/ADJUDICATION
Calendar: 11
Case No.: EC066100
Hearing Date: 2/23/18
Trial Date: 3/26/18
MP:
Defendant Yufen “Feny” Shen
RP:
Plaintiff Scuderia Capital Partners, Inc. f/k/a Scuderia Capital Partners, LLC
ALLEGATIONS IN COMPLAINT:
In this action, Plaintiff Scuderia Capital Partners, Inc. alleges that Defendants Eric Po-Chi Shen (“Mr. Shen”) and his ex-wife Yufen “Feny” Shen (“Ms. Shen”) stole and embezzled money from Plaintiff. Plaintiff alleges that Mr. Shen, as CEO of Plaintiff, caused Plaintifff to accept a promissory note for $553,100 with Ms. Shen and that Mr. Shen spent more than $5 million of Plaintiff’s funds to purchase jewelry and handbags for Ms. Shen.
The FAC, filed May 25, 2017, alleges causes of action for: (1) breach of written contract against Ms. Shen; (2) rescission based on fraud and failure of consideration against Ms. Shen; (3) breach of fiduciary duty against Mr. Shen; (4) conversion against Defendants;