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AUBREY v. ANGEL ENTERPRISES

No. 14077-9-I.

43 Wn. App. 429 (1986)

717 P.2d 313

WILLIAM AUBREY, ET AL, Plaintiffs, IHN DEVELOPMENT COMPANY, INC., Respondent, v. ANGEL ENTERPRISES, INC., Defendant, INTERNATIONAL INVESTMENT AND FINANCIAL ENTERPRISES, INC., Appellant.

The Court of Appeals of Washington, Division One.

April 14, 1986.

Attorney(s) appearing for the Case

John W. Lundin III, for appellant.

Carney, Stephenson, Badley, Smith, Mueller & Spellman and Daniel W. Unti, for respondent.

COLEMAN, J.

In 1981 respondent IHN Development Co., Inc., paid appellant International Investment and Financial Enterprises, Inc. (IIFE) $120,000 in exchange for a performance bond needed by IHN for a construction project. Because IIFE failed to deliver the bond, IHN lost the contract for the aforementioned project. Following the loss of the contract, IHN demanded return of the $120,000 paid to IIFE and also demanded payment of approximately $50,000 it (IHN) had allegedly...

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