From our private database of 14,100+ case briefs...
Gray1 CPB, LLC v. SCC Acquisitions, Inc.
California Court of Appeal
169 Cal. Rptr. 3d 906 (2014)
Gray1 CPB, LLC (Gray1) (plaintiff) issued a loan to a company owned by Bruce Elieff (defendant). The loan contract stated that Elieff would pay Gray1’s attorneys’ fees in the event that Elieff breached the contract. Elieff defaulted on the loan, and Gray1 obtained a judgment against Elieff in the amount of approximately $9,000,000. The judgment stated that Gray1 was entitled to reimbursement for attorneys’ fees, in accordance with the parties’ agreement. Over the next two years, Gray1 spent more than $3,000,000 in attorneys’ fees seeking to enforce the judgment. Eventually, Elieff presented Gray1 with a cashier’s check for the full amount of the judgment. A letter accompanying the check stated that the judgment was satisfied with that payment. Gray1 accepted the check but did not immediately cash it. Gray1 filed a motion for post-judgment costs, including attorneys’ fees, 12 days later. The day after Gray1 filed the motion, Gray1 deposited the cashier’s check. The trial court denied Gray1’s motion, finding that the motion was not filed before the judgment against Elieff was satisfied in full. Gray1 appealed.
Rule of Law
Holding and Reasoning (Moore, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 221,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,100 briefs, keyed to 189 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.