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LEMON v. COATES

No. 18706.

735 P.2d 58 (1987)

Neldon L. LEMON and Neldon L. Lemon Construction Company, Inc., a Utah corporation, Plaintiffs and Appellants, v. Jay COATES and Larry Lahusen, Defendants and Respondents.

Supreme Court of Utah.

March 27, 1987.

Attorney(s) appearing for the Case

Paul W. Mortensen, Harry E. Snow, Moab, for plaintiffs and appellants.

Albert J. Colton, William G. Waldeck, Joseph Coleman, Salt Lake City, for defendants and respondents.

DURHAM, Justice:

Plaintiff1 sued defendants, claiming that defendants wrongfully withheld or misrepresented material information in breach of a fiduciary duty defendants owed plaintiff because a joint venture existed between the parties. Plaintiff alleged that as a result of the breach of fiduciary duty, he was induced to withdraw from the joint venture, which was subsequently quite profitable. At the close of plaintiff's evidence, defendants...

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