Davidson v. Valley of Rogue Bank

Plaintiff appeals from a judgment for defendant in her action for diversion of funds and breach of fiduciary duty in which she prayed for an “accounting, general damages pursuant to the accounting and punitive damages.” We affirm.1

In September, 1982, plaintiff sold a tavern to Brolin. The contract of sale (the tavern contract) provided that Brolin agreed to assign his right to one-half of the proceeds collected by Valley of the Rogue Bank (defendant) under three escrow contracts (the escrow contracts) to secure the payment of his obligation to plaintiff under the tavern contract.2 Plaintiff’s…