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HARRIS v. AHTNA, INC.

No. S-10960.

107 P.3d 271 (2005)

Richard HARRIS, Appellant, v. AHTNA, INC., Ahtna Government Services Corporation, Ken Johns, Paul Tony, and Neil Anderson, Appellees.

Supreme Court of Alaska.

February 11, 2005.

Attorney(s) appearing for the Case

William G. Royce, Anchorage, for Appellant.

Christopher J. Slottee, Atkinson, Conway & Gagnon, Anchorage, for Appellee Ahtna, Inc.

Before: BRYNER, Chief Justice, MATTHEWS, EASTAUGH, FABE, and CARPENETI, Justices.

OPINION

MATTHEWS, Justice.

The main question in this case is whether the superior court properly ordered specific enforcement of a buy-or-sell agreement between shareholders. We conclude that the court erred because the offer that triggered the buy-or-sell process did not set out a price that was equal regardless of which party bought or sold, and contained unpermitted conditions.

FACTS AND PROCEEDINGS

In May of 1999 Richard Harris...

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