This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

Contracts
Breach of Contract
Loan Repayment

Renee Jackson v. Charles W. Smith, Aaron/Devenly Music Inc., BD Enterprise International Inc., Makin That Money Records Inc., MTM Entertainment Records Inc., Up Wings International Inc.

Published: Mar. 15, 2008 | Result Date: Oct. 22, 2007 | Filing Date: Jan. 1, 1900 |

Case number: BC360825 Verdict –  $392,052

Court

L.A. Superior Central


Attorneys

Plaintiff

Kevin S. Dicker
(Leonard Dicker & Schreiber LLP)


Defendant

Alex M. Moisa


Facts

In 2005-2005, plaintiff Renee Jackson, 40s, loaned defendant aspiring music producer Charles W. Smith money from her personal funds. Defendant told her he was using the money to operate record labels and never repaid her. Plaintiff sued defendant and his companies Aaron/Devenly Music Inc., BD Enterprise International Inc., Makin that Money Records Inc., MTM Entertainment Records Inc. and Up Wings International Inc.

Contentions

PLAINTIFF'S CONTENTIONS:
Plaintiff claimed she loaned defendant $392,052.38 in promissory notes, cash, and credit card advances. Plaintiff claimed she asked defendant to pay her back, which he did not do.

Damages

Plaintiff sought the amount she loaned defendant ($392,052.38).

Result

Verdict of $392,052.

Deliberation

20 minutes


#122883

For reprint rights or to order a copy of your photo:

Email jeremy@reprintpros.com for prices.
Direct dial: 949-702-5390