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RELIANT LIFE SHARES, LLC v. COOPER

No. B305544.

90 Cal.App.5th 14 (2023)

RELIANT LIFE SHARES, LLC, Plaintiff, Cross-defendant and Appellant; PB CONSULTING #2, LLC, et al., Appellants, v. DANIEL B. COOPER et al., Defendants, Cross-complainants and Respondents; SEAN MICHAELS et al., Cross-defendants and Appellants. [And four other cases.]

Court of Appeals of California, Second District, Division Eight.

April 4, 2023.

Attorney(s) appearing for the Case

Walton & Walton, L. Richard Walton and Javad Navran for Plaintiff, Cross-defendant and Appellant Reliant Life Shares, LLC.

Grignon Law Firm, Margaret M. Grignon , Anne M. Grignon ; Winget Spadafora Schwartzberg, Timothy W. Fredricks and Jared M. Ahern for Cross-defendants and Appellants Sean Michaels and PB Consulting #1, LLC.

Law Offices of Christopher M. Stevens and Christopher M. Stevens for Cross-defendant and Appellant Scott Grady.

Beitchman & Zekian, David P. Beitchman and Paul Tokar for Appellants PB Consulting #2, LLC, and 18LS Holdings, LLC.

Beitchman & Zekian, David P. Beitchman and Paul Tokar for Appellant Romelli Cainong, as Trustee for 2007 Irrevocable Octopus Trust, RLM Trust, and 2007 Irrevocable MMA Trust.

California Appellate Law Group and Complex Appellate Law Group, Rex S. Heinke and Jessica Weisel for Defendants, Cross-complainants and Respondents.

OPINION

SUMMARY

Reliant Life Shares, LLC (Reliant or LLC), was a profitable limited liability company owned in equal parts by three members. Two of them, Sean Michaels and Daniel B. Cooper, were longtime friends and business partners. After Cooper stopped working out of the offices of Reliant because...

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