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KRISTERIN DEVELOPMENT CO. v. GRANSON INV.

No. 85-293.

394 N.W.2d 325 (1986)

KRISTERIN DEVELOPMENT CO., an Iowa Corporation, Appellant, v. GRANSON INVESTMENT, a Partnership; Kenneth L. Grandquist, an Individual and Partner; Dale V. Nelson, an Individual and Partner; John L. Grandquist, an Individual and Partner; Loren Meggison, an Individual and Meggison Real Estate Incorporated, Appellees.

Supreme Court of Iowa.

October 15, 1986.

Attorney(s) appearing for the Case

John R. Hearn, Des Moines, for appellant.

R. Ronald Pogge of Hopkins & Huebner, P.C., Des Moines, for appellees Granson Inv., Kenneth L. Grandquist, Dale V. Nelson and John Grandquist.

Ronald L. Sutphin of Ahlers, Cooney, Dorweiler, Haynie, Smith & Allbee, Des Moines, for appellees Loren Meggison and Meggison Real Estate Inc.

Considered by REYNOLDSON, C.J., and LARSON, SCHULTZ, WOLLE and NEUMAN, JJ.

REYNOLDSON, Chief Justice.

This is a law action for damages based on an alleged contract for the sale of an apartment building, brought by plaintiff corporation Kristerin Development Co. (Kristerin), against the seller, defendant partnership Granson Investment (Granson), its partners, and its brokers, Loren Meggison and Meggison Real Estate, Inc. The controversy presents unusual issues of contract and partnership law. We granted further review to examine the court...

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