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STEINIGER v. MARMIS

No. 2 CA-CV 89-0277.

166 Ariz. 109 (1990)

800 P.2d 975

Fred and Laura STEINIGER, Appellants, v. Cary MARMIS, Appellee.

Court of Appeals of Arizona, Division 1, Department B.

Reconsideration Granted May 2, 1990.

Review Denied November 27, 1990.

Attorney(s) appearing for the Case

Harrison, Rollman & Gabroy by Richard M. Rollman, Tucson, for appellants.

Miller, Pitt & McAnally by Gerald Maltz and Eugene N. Goldsmith, Tucson, for appellee.

OPINION

LIVERMORE, Presiding Judge.

Appellant Fred Steiniger, appellee Cary Marmis, and a third person were partners in various land development ventures. By contract each had the right to purchase life insurance on the life of other partners. Steiniger did so on the life of Marmis. On August 3, 1987, the partners terminated the partnership, each receiving a portion of the partnership assets and each agreeing to indemnify the others for any liabilities arising...

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