Rosado v. Edmundo Castillo, Inc.

*545Defendant Castillo admitted that he diverted the assets of Castillo Rosado, Inc. (CRI) without authorization from his partner and in violation of their shareholders agreement. However, he defended his actions by claiming that plaintiff had abandoned the business and that he was acting to pay off the CRI debts, and further claimed that plaintiff suffered no damages because the business was worth nothing. While the court instructed the jury that it was Castillo’s burden to prove that the CRI funds he diverted were all used to pay CRI bills, the second jury interrogatory asked the jury whether…