SKOUSEN v. W.C. OLSEN INV. CO.

Nos. 2 CA-CIV 5472, 2 CA-CIV 5473.

149 Ariz. 251 (1986)

717 P.2d 930

Jerry SKOUSEN and Pecan Centers of Arizona, Inc., an Arizona corporation, Plaintiffs/Appellants, v. W.C. OLSEN INVESTMENT CO., a Utah partnership, Defendant/Appellee. PECAN CENTERS OF ARIZONA, INC., and Arizona corporation, Jerry Skousen and Myrna Skousen, Third-Party/Plaintiffs/Appellants, v. W.C. OLSEN INVESTMENT CO., a Utah partnership, Third-Party/Defendant/Appellee.

Court of Appeals of Arizona, Division 2, Department A.

Review Denied April 15, 1986.


Attorney(s) appearing for the Case

Killian, Legg, Nicholas, Fischer, Wirken, Cook & Pew by Charles W. Wirken, Mesa, for plaintiffs/appellants.

Wright & Decker by Roger C. Decker, Mesa, for defendant/appellee.


HATHAWAY, Chief Judge.

Appellants challenge the trial court's granting of summary judgment and the granting of relief from a default judgment. Appellants assert entitlement to relief pursuant to their contract of indemnification with appellee. We disagree and affirm.

On May 27, 1978, appellants contracted to sell their interest in a joint venture known as Pecan Centers of Arizona to appellee. The purchase price of $2,350,000 was paid by a $1,000,000 promissory...

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