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LUJAN v. PENDARIES PROPERTIES, INC.

No. 12995.

635 P.2d 580 (1981)

96 N.M. 771

James E. LUJAN and Terri Lynn Lujan, his wife, Plaintiffs-Appellees and Cross-Appellants, v. PENDARIES PROPERTIES, INC., a New Mexico Corporation, et al., Defendants-Appellees and Cross-Appellees. PPI, INC., formerly known as Pendaries Properties, Inc., a New Mexico Corporation, Plaintiff-Appellee and Cross-Appellee, v. FIRST NATIONAL BANK OF SANTA FE, and C. D. Leon and Donna Leon, Defendants-Appellants and Cross-Appellees.

Supreme Court of New Mexico.

Rehearing Denied November 2, 1981.

Attorney(s) appearing for the Case

Sommer, Lawler, Scheuer & Simons, Joseph A. Sommer, Santa Fe, for defendants-appellants and cross-appellees.

Solomon, Roth & VanAmberg, F. Joel Roth, Santa Fe, for plaintiffs-appellees and cross-appellants.

Michael L. Gregory, Las Vegas, Robert P. Beckham, Los Angeles, Cal., for plaintiff-appellee and cross-appellee.

OPINION

RIORDAN, Justice.

Plaintiffs, James and Terri Lynn Lujan (Lujan), filed an action for specific performance of a real estate contract, damages for loss of benefit of bargain, failure of consideration, loss of income, mental anguish, and punitive damages against defendants, PPI, Inc., formerly known as Pendaries Properties, Inc., (PPI), C.D. and Donna Leon (Leon), Ten Rociada Corporation (Rociada), and Diversified Mortgage Investors Inc. (DMI). Lujan...

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