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FIRST SEC. BANK v. BANBERRY DEVELOPMENT

Nos. 870034, 870074.

786 P.2d 1326 (1990)

FIRST SECURITY BANK OF UTAH N.A., and First Security Financial, Plaintiffs and Appellees, v. BANBERRY DEVELOPMENT CORPORATION, a Utah corporation, Eugene L. Kimball, et al., Defendants and Appellants. Eugene L. KIMBALL, Cross-Claimant and Appellant, v. SUMMIT COUNTY TITLE, et al., Cross-Defendants and Appellants.

Supreme Court of Utah.

Rehearing Denied November 20, 1989.

Attorney(s) appearing for the Case

Robert S. Campbell, Jr., E. Barney Gesas, Paul T. Moxley, Tracy H. Fowler, Edward M. Garrett, Salt Lake City, for Sidney M. Horman, Banberry Development Corp., and Banberry Crossing.

Clark Waddoups, LeRoy S. Axland, Mark E. Wilkey, Salt Lake City, for Com. Land Title Co.

Malcolm A. Misuraca, James L. Beyers, Santa Rosa, Cal., Craig S. Cook, Merlin R. Lybbert, Michael R. Carlston, Pamela G. Heffernan, Rodney R. Parker, Salt Lake City, for Eugene L. Kimball and Keith E. Garner.

Richard D. Burbidge, Stephen B. Mitchell, Salt Lake City, for Summit County Title Co.

Don Hutchinson, Ronald E. Nehring, Salt Lake City, for Gregory P. Nelson and Victor L. Fowler.

David E. Bean, Layton, for Western Woodlands.

Barney Saunders, Park City, for Don Hutchinson.

Gordon L. Roberts, Randy L. Dryer, Michael L. Larsen, for First Sec. Bank and First Sec. Financial.

HALL, Chief Justice:

Appellants Banberry Development Corporation, Banberry Crossing, Inc. (collectively "Banberry"), and Sidney M. Horman ("Horman") appeal a jury's determination that certain settlement and purchase agreements executed by First Security Bank and First Security Financial (collectively "First Security") and the Horman Family Trust (the "Trust") constituted fraud by appellants against Eugene L. Kimball ("Kimball") and resulted in the extinguishing of...

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