Autoville, Inc. v. Friedman

JACOBSON, Chief Judge of Division One.

This appeal raises the issue of whether an action for conversion will lie against a used automobile dealership and its stockholders for appropriating the proceeds of sales of automobiles in contravention of a financing agreement.

Plaintiff s-appellees, Phillip Friedman and Patricia Friedman (Friedman) brought an action against defendants-appellants, Autoville, Inc., its two stockholders, Irving Caplan and Joseph Siegel, and their respective wives, and Reserve Insurance Company, an insurance company which issued a bond covering the acts of Autoville…