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ABM ESCROW CLOSING v. MATANUSKA MAID, INC.

No. 6457.

659 P.2d 1170 (1983)

ABM ESCROW CLOSING AND CONSULTING, INC., Petitioner, v. MATANUSKA MAID, INC., Respondent.

Supreme Court of Alaska.

February 18, 1983.

Attorney(s) appearing for the Case

Harold W. Tobey, Michael Dundy, Bogle & Gates, Anchorage, for petitioner.

Eric L. Hanson, Abbott, Lynch & Farney, Anchorage, for respondent.

Before BURKE, C.J., RABINOWITZ, MATTHEWS and COMPTON, JJ.

OPINION

RABINOWITZ, Justice.

I. Background.

A petition for hearing was granted in this matter to consider an appellate decision of the superior court. The superior court, reversing the district court, held that ABM Escrow Closing and Consulting, Inc. (ABM), which handled the sale of an Anchorage A & W restaurant, is liable to one of the restaurant's creditors for failing to pay that creditor's account from the proceeds of the sale of...

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