Legal Opinion
Hasso v. Hapke
California Court of Appeal
Decided June 19, 2014No. G047495; G047588PublishedCited by 35 opinions
1Opinion of the Court
Opinion
MOORE, J.
As they say, timing is everything. In August 2007, the initial trustee of two family trusts invested millions in the Rockwater American Municipal Fund, LLC (RAM Fund)—a hedge fund engaged in municipal arbitrage. The RAM Fund was managed by Rockwater Municipal Advisors, LLC (RMA), its managing member. In November 2007, Charles Fish Investments, Inc. (CFI), transferred its assets to Rockwater CFI, LLC, a wholly owned subsidiary of RMA, in exchange for a 15 percent interest in RMA. CFI had an option to unwind the transaction, if its interest in RMA did not meet certain benchmark…
2Cases cited44 opinions
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Oasis West Realty v. GoldmanCalifornia Supreme Court · 2011
- Soule v. General Motors Corp.California Supreme Court · 1994
- Committee on Children's Television, Inc. v. General Foods Corp.California Supreme Court · 1983
- Alliance Mortgage Co. v. RothwellCalifornia Supreme Court · 1995
39 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Stewart v. Screen Gems-Emi Music, Inc.District Court, N.D. California · 2015
- Davidson v. Seterus, Inc., California Court of Appeal, 5th District2018
- Pga W. Residential Ass'n, Inc. v. Hulven Int'l, Inc., California Court of Appeal, 5th District2017
- Santa Clarita Organization for Planning & the Environment v. Castaic Lake Water AgencyCalifornia Court of Appeal · 2016
- Pacific Corporate Group Holdings v. KeckCalifornia Court of Appeal · 2014
30 more not listed; retrieve them via the Exa API.