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MERDES v. UNDERWOOD

Nos. S-1698, S-1717.

742 P.2d 245 (1987)

Edward A. MERDES, Appellant, Cross-Appellee, v. Richard V. UNDERWOOD, d/b/a Alaska Feed Company, Appellee, Cross-Appellant.

Supreme Court of Alaska.

September 11, 1987.

Attorney(s) appearing for the Case

D. Randall Ensminger, Fairbanks, for appellant, cross-appellee.

Lance C. Parrish, Fairbanks, Parrish Law Office, for appellee, cross-appellant.

Before RABINOWITZ, C.J., and BURKE, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

RABINOWITZ, Chief Justice.

This is an appeal from a summary judgment granted to Richard V. Underwood against Edward A. Merdes based on an alleged agreement by Merdes to pay a debt owed by OHM, Inc. (OHM) to the Alaska Feed Company, an enterprise solely owned by Underwood. The principal issue is whether, as a matter of law, Merdes' actions and representations estop him from denying that he agreed to pay interest on the debt in question.

I...

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