PEB PRACTICE SALES, INC. v. WRIGHT

No. 90-220.

473 N.W.2d 624 (1991)

PEB PRACTICE SALES, INC., A Minnesota Corporation, Appellee/Cross-Appellant, v. Roger L. WRIGHT, D.D.S. and Roger L. Wright, D.D.S., P.C., Appellants/Cross-Appellees.

Court of Appeals of Iowa.

May 29, 1991.


Attorney(s) appearing for the Case

James R. Monroe, Des Moines, for appellants/cross-appellees.

Mark A. Roeder, Des Moines, for appellee/cross-appellant.

Considered by DONIELSON, P.J., and SCHLEGEL and HAYDEN, JJ.


HAYDEN, Judge.

PEB Practice Sales, Inc. (Practice Sales) is a Minnesota corporation engaged in the business of brokering and selling dental practices. Practice Sales and Roger L. Wright, D.D.S. (Wright) entered into an exclusive right-to-sell agreement to sell Wright's dental practice. The practice was owned by a professional corporation (P.C.), of which Wright was the head and sole shareholder. Wright signed the exclusive right-to-sell agreement in his own name without...

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