(DOWNLOAD) "Leisnoi v. Omar N. Stratman Mabel Marie" by Supreme Court of Alaska * Book PDF Kindle ePub Free
eBook details
- Title: Leisnoi v. Omar N. Stratman Mabel Marie
- Author : Supreme Court of Alaska
- Release Date : January 26, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 81 KB
Description
In late 1985 and early 1986, Kodiak Island residents Omar Stratman, Mabel Marie Rice, Antoinette Burton and James Burton (Plaintiffs) instituted separate actions against Leisnoi, Inc. (Leisnoi) and Koniag, Inc. (Koniag) seeking specific performance of a settlement agreement which they had negotiated with Koniag. At the time of negotiation and signing of the settlement, Leisnoi had merged with Koniag and did not exist as a separate corporate entity. Later, the merger was set aside. Leisnoi claimed it was not bound by Koniags settlement agreement with the Plaintiffs. The superior court ruled summarily that Leisnoi was bound by the settlement as a matter of law. After a trial on the merits, it awarded the Plaintiffs specific performance of the agreement. Leisnoi appeals. We conclude that the settlement agreement cannot be enforced against Leisnoi, and therefore reverse.
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