CFLB Partnership, LLC v. Diamond Blue International, Inc.
Lenders loaned $2 million to CFLB Management on promissory notes; Management transferred the funds the next day to affiliated CFLB Partnership as a capital contribution. After obtaining judgment on the notes against Management, the lenders won summary judgment against Partnership for unjust enrichment on the theory that no real economic transaction occurred between the commonly-owned entities. The Third DCA reversed, holding that no direct benefit was conferred on Partnership as a matter of law because plaintiffs dealt only with Management and never sought to pierce the corporate veil.
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