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LARSON v. B.R. ENTERPRISES, INC.

No. 18336.

757 P.2d 354 (1988)

Jack LARSON, Appellant, v. B.R. ENTERPRISES, INC., D/B/A RNR Tours, and Bertram S. Ross and the Estate of Josephine F. Ross, Respondents.

Supreme Court of Nevada.

June 24, 1988.

Attorney(s) appearing for the Case

Gang & Berkley, Las Vegas, Michael, Best & Friedrich and Gaar W. Steiner, Milwaukee, Wis., for appellant.

Lovell, Bilbray & Potter, Las Vegas, for respondents.

OPINION

PER CURIAM:

The Facts

Larson, appellant, was the sole shareholder of Casino Holiday Inc. (hereafter "CHI"). Ross, respondent, was the sole shareholder of B.R. Enterprises (hereafter "BRE"). Both corporations arranged junket trips to Las Vegas.

On September 11, 1979, Larson and Ross entered a venture wherein they generally agreed to share the net profits of the two corporations and give each other options to purchase 50% of...

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