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BRETZ v. PORTLAND GENERAL ELEC. CO.

No. 87-4206.

882 F.2d 411 (1989)

L.R. BRETZ, Plaintiff-Appellant, v. PORTLAND GENERAL ELECTRIC CO., Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided August 14, 1989.

Attorney(s) appearing for the Case

L.R. Bretz, Billings, Mont., pro se.

Roger K. Harris, Portland, Or., for defendant-appellee.

Before TANG, BOOCHEVER and KOZINSKI, Circuit Judges.

KOZINSKI, Circuit Judge:

We consider again the validity of Sam Goldwyn's aphorism that an oral contract isn't worth the paper it's written on. L.R. Bretz, a Montana resident, brought a diversity suit against Portland General Electric (PGE), an Oregon corporation, for breach of a contract for the sale of PGE's stock in its wholly-owned subsidiary, the Beartooth Coal Company. The district court granted PGE's motion for summary judgment, holding that the exchange of...

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