James Wong v. Qingdao Yijia Native Import & Export Ltd., a Chinese corporation, and Does 1 through 10, inclusive
Published: Jun. 14, 2014 | Result Date: Jan. 30, 2014 | Filing Date: Jan. 1, 1900 |Case number: 2:13-cv-07207-RSWL-FFM Bench Decision – $16,410,000 on counterclaim
Facts
James Wong filed suit against Qingdao Yijia Native import & Export Ltd., seeking declaratory relief.
Contentions
PLAINTIFF'S CONTENTIONS:
James Wong was a court appointed receiver of Yihe Corp., a California corporation. Wong claimed that Yijia participated in a scheme to defraud Yihe and to create a fictional obligation of $16 million through the use of invalid invoices, bills, and delivery receipts. Wong asserted claims for declaratory relief and to set aside and invalidate fraudulent transfer.
On Yijia's counterclaim, Wong argued that Yihe did not owe Yijia any money, and that the two corporations had never validly transferred its seafood inventory.
DEFENDANTS' CONTENTIONS:
Yijia filed a counter claim asserting that it was due money from Yihe, based on the purchase of an inventory of seafood.
Result
The court awarded Yijia $16,410,000.
Other Information
FILING DATE: Sept. 30, 2013.
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