Wen Chang v. Redding Bank of Commerce
California Court of Appeal
1Opinion of the Court
Opinion
BLEASE, Acting P. J.
Plaintiff, Wen Chang, appeals from a summary judgment in favor of defendant, Redding Bank of Commerce (the Bank), in Chang’s action for unjust enrichment and to impose a constructive trust on funds he claims the Bank misappropriated. The action arises out of the Bank’s setoff of $200,000 against a debt owed the Bank from the business account of Paragon Development Enterprises, Inc. (Paragon).
Paragon, a general contractor, was constructing a hotel for Chang. Chang paid the funds to Paragon for the purpose of paying subcontractors, and Paragon deposited the money in…
2Cases cited13 opinions
- Union Stock Yards Bank v. GillespieSupreme Court of the United States · 1890
- In Re Carl L. Pedrazzini and Camille Pedrazzini, Bankrupt. Jack C. Runnion v. Carl L. Pedrazzini and Camille PedrazziniCourt of Appeals for the Ninth Circuit · 1981
- Gonsalves v. Bank of America National Trust & Savings Ass'nCalifornia Supreme Court · 1940
- People v. HolderCalifornia Court of Appeal · 1921
- Estate of KemmerrerCalifornia Court of Appeal · 1952
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3Cited by19 opinions
- In Re Alan Bernard, Linda Bernard, Debtors. Alan Bernard, Linda Bernard v. Clement Sheaffer, Mary SheafferCourt of Appeals for the Ninth Circuit · 1996
- Chazen v. Centennial BankCalifornia Court of Appeal · 1998
- In Re Bakersfield Westar Ambulance, Inc., Debtor. Randell Parker v. Community First BankCourt of Appeals for the First Circuit · 1997
- Lonely Maiden Productions v. Goldentree Asset ManagementCalifornia Court of Appeal · 2011
- People v. Mullins, California Court of Appeal, 5th District2018
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