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SOLOMON v. PENDARIES PROPERTIES, INC.

No. 78-1282.

623 F.2d 602 (1980)

Charles S. SOLOMON and Laura T. Solomon, Plaintiffs-Appellees, v. PENDARIES PROPERTIES, INC., a New Mexico Corporation, and Ten Rociada Corporation, a New Mexico Corporation, Defendants-Appellants.

United States Court of Appeals, Tenth Circuit.

Decided August 11, 1980.

Rehearing Denied September 22, 1980.

Attorney(s) appearing for the Case

Edwin Freston, Los Angeles, Cal. (Don M. Pearson and Robert P. Beckham, of Argue, Freston & Myers, Los Angeles, Cal., and Michael L. Gregory, Las Vegas, N. M., with him on brief), for defendants-appellants.

F. Joel Roth of Solomon Roth & Vanamberg, Santa Fe, N. M., for plaintiffs-appellees.

Before SETH, Chief Judge, and McKAY and LOGAN, Circuit Judges.

LOGAN, Circuit Judge.

Charles S. and Laura T. Solomon sued Pendaries Properties, Incorporated (PPI) and Ten Rociada Corporation for rescission of a contract they had entered into for the purchase of land in a New Mexico development, Pendaries Village. After a nonjury trial, the district court granted rescission to the Solomons, awarded them the $11,981 principal and interest they had paid for the land and gave them $5,000 punitive damages. Jurisdiction is based on...

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