ABBOTT v. LUCAS

No. 78-513.

615 P.2d 37 (1978)

J. Dudley ABBOTT, Jr. and Sandstone 70 Corporation, a Colorado Corporation, Plaintiffs-Appellants, v. Duane L. LUCAS, Frank B. Day, Mrs. Frank B. Day, and International Investments, Ltd., a Colorado Corporation, Defendants-Appellees.

Colorado Court of Appeals.

Certiorari Granted January 17, 1979.


Attorney(s) appearing for the Case

Almon & Barsotti, Edward B. Almon, David Barsotti, Denver, for plaintiffs-appellants.

Grant, McHendrie, Haines & Crouse, P.C., Donald B. Gentry, David A. Bottger, Denver, for defendant-appellee Duane L. Lucas.

Marshall T. Riggs, Boulder, for defendants-appellees Frank B. Day, Mrs. Frank B. Day, and Intern. Inv., Ltd.


RULAND, Judge.

We reverse the summary judgment of the trial court dismissing the creditor's bill of J. Dudley Abbott, Jr. and Sandstone 70 Corporation against the named defendants.

Insofar as pertinent here, Sandstone entered into a joint venture with defendant, International Investments, Ltd. International defaulted on its obligations to the venture, and Sandstone terminated the relationship, taking a note from International. Sandstone's creditor's bill is...

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