Prince v. Clare

MEMORANDUM OPINION AND ORDER

ANN C. WILLIAMS, District Judge.

The defendant in interpleader, the Official Unsecured Creditors’ Committee of Douglas R. Prince and Jane Prince (“Committee”), moves this court, to grant the Committee partial summary judgment on its breach of contract, conversion and unjust enrichment claims against the defendant Timothy J. Clare (“Clare”). Because the Committee was not the legal owner of the shares of the professional corporation in question at the time the alleged claims arose, the court denies the Committee’s motion.

I

Factual and Procedural Background

On August 17,…