TRAMP v. FOX

No. 16772.

456 N.W.2d 554 (1990)

Vincent TRAMP, Plaintiff and Appellee, v. Anthony FOX, Defendant and Appellant.

Supreme Court of South Dakota.

Decided May 30, 1990.


Attorney(s) appearing for the Case

William J. Klimisch of Goetz, Hirsch & Klimisch, Yankton, for plaintiff and appellee.

Jerry L. Pollard of Kabeiseman, Hosmer & Kettering, Yankton, for defendant and appellant.


MILLER, Justice.

In this appeal, we affirm the trial court and hold that the bankruptcy code does not prohibit enforcement of an oral agreement between the parties.

FACTS

In 1983, and prior, Vincent Tramp operated a business known as B.A. Tramp Oil Company. As part of that business, he was a dealer for Central Soya Feed. He ultimately became highly indebted to Central Soya.

That year, Tramp contemplated changing brands of feed and ceasing...

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