Stokes v. International Media Systems, Inc.

SILVERSTEIN, * Judge.

On a theory of unjust enrichment, the trial court entered judgment for plaintiff, Joan Stokes, against defendant, International Media Systems, Inc. (IMS). Defendant appeals and we reverse.

The following facts are undisputed. James Harmon executed a promissory note payable to the order of plaintiff in the sum of $10,000. Instead of receiving the funds for this note himself, Harmon directed plaintiff to pay the money to IMS, in which corporation he was a stockholder, officer, and director. IMS used the funds in its regular course of business. Subsequently, Harmon resigned as…