This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Business Law

Jul. 30, 2026

9th Circuit revives indemnity claims against Orrick in conversion ruling

A 9th Circuit opinion held that parties liable for conversion under California law may seek equitable indemnity from negligent joint tortfeasors, reversing a Northern District ruling that had barred the claim.

 9th Circuit revives indemnity claims against Orrick in conversion ruling
Hung G. Ta of HGT Law

A 9th U.S. Circuit Court of Appeals panel revived claims against Orrick, Herrington & Sutcliffe LLP and financial advisory firm Scenic Advisement Inc. on Wednesday by holding that conversion is a strict liability tort under California law rather than an intentional tort.

The unanimous panel reversed Chief U.S. District Judge Yvonne Gonzalez Rogers' summary judgment for Orrick and Scenic, concluding Sun Hung Kai Strategic Capital Ltd. may pursue an equitable indemnity claim...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up