Feresi v. The Livery, LLC
California Court of Appeals
182 Cal. Rptr. 3d 169, 232 Cal.App.4th 419 (2014)

- Written by Carolyn Strutton, JD
Facts
Mesa, Feresi, and Hartley were members of The Livery, LLC (defendant). Mesa was ordered to pay off Feresi’s (plaintiff) mortgage pursuant to a divorce settlement. Mesa’s obligation to Feresi was to be secured by Mesa’s interest in the LLC, but Feresi failed to perfect the security interest. Mesa later borrowed money from Hartley without Feresi’s knowledge and secured the loan with his interest in the LLC. Hartley knew of Feresi’s pre-existing interest in the collateral but perfected his own interest without informing Feresi. The trial court ruled in favor of Feresi and the LLC appealed.
Rule of Law
Issue
Holding and Reasoning (Burke, J.)
What to do next…
Here's why 966,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 47,500 briefs, keyed to 1,007 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.
- AI-generated podcast version of every brief — listen on the go, between classes, or whenever reading isn’t an option. New
Understand your casebook readings in seconds
Use our case briefs to comprehend your casebook readings faster, supplement your notes and outlines, and outshine your peers in class.
Get instant access to over 47,500+ expert-written case briefs in a searchable database keyed to 1,007 law school casebooks.

