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KUEHL v. FREEMAN BROS. AGENCY, INC.

No. 93-676.

521 N.W.2d 714 (1994)

Jeffrey KUEHL and Gateway Insurance Associates, Ltd., Appellants, v. FREEMAN BROTHERS AGENCY, INC., Appellee.

Supreme Court of Iowa.

Rehearing Denied October 17, 1994.

Attorney(s) appearing for the Case

S.P. DeVolder of Lewis, Webster, Johnson, Van Winkle & DeVolder, Des Moines, for appellants.

Robert E. Konchar, Chris J. Scheldrup, and Paul D. Gamez of Moyer & Bergman, Cedar Rapids, for appellee.

Considered by McGIVERIN, C.J., and LARSON, CARTER, SNELL, and ANDREASEN, JJ.

McGIVERIN, Chief Justice.

This case raises several questions arising out of the sale of an insurance agency in a bench trial of a law action. We affirm the trial court's judgment in all respects.

I. Background facts and proceedings. On March 23, 1987, Jeffrey Kuehl sold his insurance agency, Gateway Insurance Associates, Ltd. (Gateway), an Iowa corporation, to defendant Freeman Brothers Agency, Inc. (Freeman Brothers). The purchase agreement required...

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