Question: John Torniero was employed by Micheals Jewelers Inc Micheals During

John Torniero was employed by Micheals Jewelers, Inc. (Micheals). During the course of his employment, Torniero stole pieces of jewelry, including several diamond rings, a sapphire ring, a gold pendant, and several loose diamonds. Over a ­period of several months, Torniero sold individual pieces of the stolen jewelry to G& W Watch and Jewelry Corporation (G& W). G& W had no knowledge of how Torniero obtained the jewels. Torniero was arrested when Micheals discovered the thefts. After Torniero admitted that he had sold the stolen jewelry to G& W, Micheals attempted to recover it from G& W. G& W claimed title to the jewelry as a good faith purchaser for value. Micheals challenged G& W’s claim to title in court. Who wins? United States v. Micheals Jewelers, Inc., 42 UCC Rep. Serv. 141, 1985 U. S. Dist. Lexis 15142 (United States District Court for the ­District of Connecticut)


$1.99
Sales3
Views277
Comments
  • CreatedAugust 12, 2015
  • Files Included
Post your question
5000