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KOCH v. SKY TECH, INC.

502 P.2d 1367 (1972)

George N. KOCH, Appellant, v. SKY TECH, INC., a Corporation, et al., Respondents. Harold L. Newman and George N. Koch, Appellants, v. Sky Tech, Inc., a Corporation, et al., Respondents.

Supreme Court of Oregon, In Banc.

Decided November 16, 1972.

Attorney(s) appearing for the Case

Paul R. Meyer, Portland, argued the cause for appellants. With him on the briefs were John Spencer Stewart, and Kobin & Meyer, Portland.

John Henry Hingson III, Oregon City, argued the cause for respondents. With him on the brief was Donald B. Bowerman, Oregon City.

BRYSON, Justice.

Plaintiff Koch entered into a contract with the defendant Sky Tech, Inc., to purchase a Piper Cherokee airplane with a concurrent lease-back agreement. Approximately three months later Mr. Koch and his son-in-law, plaintiff Newman, jointly executed similar agreements with defendant Sky Tech to purchase and lease back a more sophisticated twin-motored Piper Comanche airplane. Plaintiffs became dissatisfied and filed separate suits in equity seeking...

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