RILEY v. ROCKWELL

No. 16305.

747 P.2d 903 (1987)

Marjorie R. RILEY; Michael Riley, individually and as guardian ad litem of his minor child, Dylan Michael Riley; Judith Riley Hylton, individually and as guardian ad litem of her minor child, Justine Halliday Hylton, Appellants and Cross-Respondents, v. Leon ROCKWELL, Jr.; Margaret Rockwell; and Rockwell Family Limited Partnership, a limited partnership, Respondents and Cross-Appellants, and Bank of Nevada, a bank association organized under the laws of the State of Nevada; First National Bank of Nevada, a banking association organized under the laws of the United States, and by consolidation with Bank of Nevada, a banking association organized under the laws of the United States, Respondents.

Supreme Court of Nevada.

December 31, 1987.


Attorney(s) appearing for the Case

Beckley, Singleton, DeLanoy, Jemison & List, W. Bruce Beckley, Frances A. Forsman, Las Vegas, Holmes, DeFranco & Schulte, Gile R. Downes, Portland, Or., for appellants and cross/respondents.

John Peter Lee, Las Vegas, for respondents and cross/appellants.

Jolley, Urga, Wirth & Woodbury, R. Gardner Jolley, Jay Earl Smith, Las Vegas, for respondents.


OPINION

STEFFEN, Justice:

This is an appeal from the decision of the district court, finding that respondent Leon Rockwell, Jr. (Leon, Jr.) breached numerous fiduciary duties to appellant Marjorie Riley (Marjorie) in the acquisition of an option to a one-half interest in property located in Las Vegas, Nevada. The court imposed a constructive trust in appellants' behalf. For the reasons stated below, we affirm in part, reverse in part, and remand to the district...

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