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FAUSEL v. JRJ ENTERPRISES, INC.

No. 98-948.

603 N.W.2d 612 (1999)

Stephen A. FAUSEL, Appellant, v. JRJ ENTERPRISES, INC. f/k/a Bloomfield Speedway, Inc., Appellee.

Supreme Court of Iowa.

December 22, 1999.

Attorney(s) appearing for the Case

Jason W. Sapsin and Gene R. Krekel of Hirsch, Adams, Krekel, Putnam, Cahill & Miller, Burlington, for appellant.

Patrick M. Roby and Christopher L. Bruns of Elderkin & Pirnie, P.L.C., Cedar Rapids, for appellee.

Considered by LARSON, P.J., and LAVORATO, SNELL, CADY, and HARRIS, JJ.

LAVORATO, Justice.

Stephen Fausel sued JRJ Enterprises, Inc. for anticipatory breach of contract. Fausel had agreed in writing to purchase JRJ's membership interest in an entity involved in a Colorado casino operation. Following a bench trial, the district court dismissed Fausel's suit. Fausel appealed, contending, among other things, that the district court (1) misconstrued the agreement as requiring him to perform by July 31, 1995, and (2) erroneously concluded...

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