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DISPOSAL TECHNOLOGY, INC. v. EHRLICH

491 P.2d 1009 (1971)

DISPOSAL TECHNOLOGY, INC., Appellant, v. Stanley EHRLICH et al., Respondents.

Supreme Court of Oregon.

December 15, 1971.

Attorney(s) appearing for the Case

Gerald R. Pullen, Portland, argued the cause and filed the brief for appellant.

Robert C. Wall, Portland, argued the cause for respondents. With him on the brief were Reiter, Day, Wall & Bricker, Portland.

Before O'CONNELL, C.J., and McALLISTER, HOLMAN, TONGUE, HOWELL and BRYSON, JJ.

HOWELL, Justice.

Plaintiff filed this suit seeking rescission of a contract to purchase all outstanding shares of the defendants' stock in Western Manufacturing, Inc., on the grounds of fraud and misrepresentation. Defendants filed a counterclaim requesting foreclosure of a stock pledge which was part of the purchase agreement. The trial court found that plaintiff was not entitled to rescission and allowed defendants' counterclaim...

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