West Hills Farms, Inc. v. RCO AG Credit, Inc.
California Court of Appeal, Fifth District
170 Cal. App. 4th 710 (2009)
West Hills Farms, Inc. and California Pistachios, LLC (plaintiffs) were shareholders in RCO AG Credit, Inc. (RCO) (defendant). The plaintiffs brought suit claiming that RCO had paid unnecessary fees to a related corporation. Under California Corporations Code § 800, the trial court granted a RCO motion and required that the plaintiffs furnish a bond of $50,000 as security for RCO’s expenses related to the lawsuit. The trial court then found in favor of RCO on the merits. RCO filed a motion to recover all of its attorney’s fees and expenses related to the lawsuit, which amounted to $350,000. The trial court denied the motion and limited RCO’s recovery to the $50,000 bond amount. RCO appealed.
Rule of Law
Holding and Reasoning (Kane, 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 175,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,000 briefs, keyed to 188 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.