REALTY EXCHANGE CORP. v. CADILLAC LAND & DEV. CO.

No. 1 CA-CIV 1061.

13 Ariz. App. 232 (1970)

475 P.2d 522

REALTY EXCHANGE CORPORATION, an Arizona corporation, and Evelyn Nathanson, Appellants and Cross-Appellees, v. CADILLAC LAND AND DEVELOPMENT COMPANY, an Arizona corporation, Harry Gelt and Jerome Smith, Appellees and Cross-Appellants.

Court of Appeals of Arizona, Division 1.

Rehearing Denied December 10, 1970.

Review Denied January 26, 1971.


Attorney(s) appearing for the Case

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, by James A. Teilborg, Phoenix, for appellants and cross-appellees.

Johnson, Himelstein & Timbanard by Jeffrey R. Timbanard, Phoenix, for appellees and cross-appellants.


HATHAWAY, Judge.

Appellants sued for a real estate brokers' commission and were awarded a judgment against Cadillac Land and Development Company, but the judgment was denied against Gelt and Smith personally; consequently, this appeal and cross-appeal.

The plaintiffs-appellants' position is that the trial court erred in refusing to set aside the transfer of assets from the defendant, Cadillac Land Company, to the individual defendants and directors of the...

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