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No. 8646976
United States Court of Appeals for the Ninth Circuit
Chance World Trading E.C. v. Heritage Bank of Commerce
No. 8646976 · Decided January 16, 2008
No. 8646976·Ninth Circuit · 2008·
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Case Details
Court
United States Court of Appeals for the Ninth Circuit
Decided
January 16, 2008
Citation
No. 8646976
Disposition
See opinion text.
Full Opinion
MEMORANDUM * Plaintiff-Appellant Chance World Trading (Chance) appeals the entry of summary judgment in favor of DefendantAppellee, Heritage Bank of Commerce (Heritage), on Chance’s aiding and abetting claim against Heritage. The district court correctly concluded that no material issue of fact exists as to Heritage’s knowledge that funds withdrawn from its accounts were being used for an improper purpose. With no knowledge of the underlying tortious action, no liability under an aiding and abetting theory can exist. See Casey v. U.S. Bank Nat’l Ass’n, 127 Cal.App.4th 1138, 1144 , 26 Cal.Rptr.3d 401 (2005) (“Liability may be imposed on one who aids and abets the commission of an intentional tort if the person ... knows the other’s conduct constitutes a breach of duty and gives substantial assistance or encouragement to the other to so act ... ”) (citations omitted). AFFIRMED. This disposition is not appropriate for publication and is not precedent except as provided by 9th Cir. R. 36-3.
Plain English Summary
MEMORANDUM * Plaintiff-Appellant Chance World Trading (Chance) appeals the entry of summary judgment in favor of DefendantAppellee, Heritage Bank of Commerce (Heritage), on Chance’s aiding and abetting claim against Heritage.
Key Points
01MEMORANDUM * Plaintiff-Appellant Chance World Trading (Chance) appeals the entry of summary judgment in favor of DefendantAppellee, Heritage Bank of Commerce (Heritage), on Chance’s aiding and abetting claim against Heritage.
02The district court correctly concluded that no material issue of fact exists as to Heritage’s knowledge that funds withdrawn from its accounts were being used for an improper purpose.
03With no knowledge of the underlying tortious action, no liability under an aiding and abetting theory can exist.
04Bank Nat’l Ass’n, 127 Cal.App.4th 1138, 1144 , 26 Cal.Rptr.3d 401 (2005) (“Liability may be imposed on one who aids and abets the commission of an intentional tort if the person ...
Frequently Asked Questions
MEMORANDUM * Plaintiff-Appellant Chance World Trading (Chance) appeals the entry of summary judgment in favor of DefendantAppellee, Heritage Bank of Commerce (Heritage), on Chance’s aiding and abetting claim against Heritage.
FlawCheck shows no negative treatment for Chance World Trading E.C. v. Heritage Bank of Commerce in the current circuit citation data.
This case was decided on January 16, 2008.
Use the citation No. 8646976 and verify it against the official reporter before filing.