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SIFFORD v. TRANS AIR, INC.

No. 84-1925.

492 So.2d 407 (1986)

Dan SIFFORD, Appellant, v. TRANS AIR, INC., Appellee.

District Court of Appeal of Florida, Fourth District.

Rehearing and Clarification Denied September 2, 1986.

Attorney(s) appearing for the Case

James R. Chandler, III, of Bender, Bender & Chandler, P.A., Coral Gables, for appellant.

Melanie G. May of Bunnell, Denman & Woulfe, P.A., Fort Lauderdale, for appellee.

WESSEL, JOHN D., Associate Judge.

The appellant, Dan Sifford, pursuant to an adverse jury verdict, appeals a final judgment for monies due under an agreement with the appellee, Trans Air, Inc.

Sifford agreed to loan Trans Air $50,617.34 and received an option to purchase the outstanding majority interest in Trans Air. Subsequent to the agreement the relationship between the parties deteriorated, and Sifford decided against exercising this stock option and...

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