JOHNSON v. GILBERT

No. 2 CA-CIV 3455.

127 Ariz. 410 (1980)

621 P.2d 916

Jack JOHNSON and Betty Johnson his wife, Plaintiffs/Appellants/Cross Appellees, v. Parke T. GILBERT and Elaine B. Gilbert, his wife, Defendants/Appellees/Cross Appellants.

Court of Appeals of Arizona, Division 2.

Rehearing Denied December 17, 1980.


Attorney(s) appearing for the Case

Gillenwater & Meyers, P.C. by Powell B. Gillenwater and Howard C. Meyers, Phoenix, for plaintiffs/appellants/cross appellees.

Henry, Kimerer & LaVelle by Michael J. LaVelle and Michael P. Stark, Phoenix, Stanfield, McCarville, Coxon, Cole & Fitzgibbons by William A. Stanfield, Casa Grande, for defendants/appellees/cross appellants.


OPINION

HATHAWAY, Chief Judge.

The parties to this suit formed a joint venture for the purpose of developing land in Pinal County. Their relationship soured when an alleged oral contract by the defendant to convey land to the corporation set up by both parties was breached. After a jury awarded damages to the plaintiffs, the trial court reduced the verdict as an offset for debts owed by the plaintiffs upon dissolution of the joint venture. Both parties have...

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