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HOFFER v. STATE

No. 53549-3.

113 Wn.2d 148 (1989)

776 P.2d 963

ARTHUR HOFFER, ET AL, Appellants, v. THE STATE OF WASHINGTON, ET AL, Respondents.

The Supreme Court of Washington, En Banc.

July 27, 1989.

Attorney(s) appearing for the Case

McKay & Gaitan, by Michael D. McKay, James E. Niemer, Leslie J. Savina, and Linda E. Blohm; Berger & Steingut, by Charles S. Webb III, Stanley Steingut, Theodore S. Steingut, and Lawrence A. Mandelker (Douglass A. North, Hennings, Maltman, Weber & Reed, Carol Porell Cocheres, Eckert, Seamans, Cherin & Mellott, and Cornelius J. Peck, of counsel), for appellants.

Kenneth O. Eikenberry, Attorney General, James K. Pharris and Maureen Hart, Senior Assistants, and Robert J. Fallis, Assistant, for respondents.

G. Geoffrey Gibbs on behalf of Washington Society of Certified Public Accountants, amicus curiae for respondents.

DURHAM, J.

Holders of bonds issued by the Washington Public Power Supply System (Supply System) sued the State of Washington and a handful of elected officials to recover damages suffered when the Supply System defaulted on its bond obligations. The trial court dismissed each of the claims set forth in the bondholders' complaint under CR 12(b)(6). On appeal, we reversed the dismissal as to eight of the nine claims before us. Hoffer v. State,

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