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TROPICANA HOTEL CORP. v. SPEER

No. 13655.

692 P.2d 499 (1985)

TROPICANA HOTEL CORPORATION, a dissolved Nevada Corporation; Mitzi Stauffer Briggs, as Trustee of Tropicana Hotel Corporation a Dissolved Nevada Corporation, and Mitzi Stauffer Briggs, individually, Appellants and Cross-Respondents, v. Nila SPEER, Executrix of the Estate of Lloyd D. Speer, a/k/a Don Speer, deceased, Respondent and Cross-Appellant.

Supreme Court of Nevada.

January 4, 1985.

Attorney(s) appearing for the Case

Oshins, Brown & Singer, Las Vegas, for appellants and cross-respondents.

Morse-Foley and Christopher H. Byrd, Las Vegas, for respondent and cross-appellant.

OPINION

GUNDERSON, Justice:

This appeal arises out of the brief association of Donald Speer1 with Tropicana Hotel. In July 1975 Mitzi Stauffer Briggs acquired a controlling interest in the Tropicana Hotel Corporation, the managing entity of Tropicana Hotel. Since she had no experience in the hotel or casino industry, Briggs looked for a competent general manager who could restore the hotel to its former prosperity. She offered...

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