Legal Opinion

OCM Principal Opportunities Fund, L.P. v. CIBC World Markets Corp.

California Court of Appeal

Decided December 5, 2007No. B172588PublishedCited by 84 opinions

1Opinion of the Court

Opinion

MANEELA, J.

Several investment funds initiated actions against CIBC World Markets Corp. (CIBC), alleging misrepresentation and fraud in connection with the issuance and sale of promissory notes. After a jury returned a verdict in favor of the investment fimds, the trial court denied prejudgment interest to three of the funds, namely, OCM Principal Opportunities Fund, L.P. (OCM), together with Pacholder Value Opportunity Fund, L.P., and Pacholder Heron, L.P. (collectively, Pacholder). CIBC appeals from the judgment in favor of the investment funds, and OCM and Pacholder cross-appeal from…

2Cases cited77 opinions

  1. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  2. Engalla v. Permanente Medical Group, Inc.California Supreme Court · 1997
  3. Clemmer v. Hartford Insurance Co.California Supreme Court · 1978
  4. Bily v. Arthur Young & Co.California Supreme Court · 1992
  5. Alliance Mortgage Co. v. RothwellCalifornia Supreme Court · 1995

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3Cited by84 opinions

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  3. West v. JPMorgan Chase BankCalifornia Court of Appeal · 2013
  4. Pfeifer v. John Crane, Inc.California Court of Appeal · 2013
  5. Das v. Bank of America, N.A.California Court of Appeal · 2010

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