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DRAGT v. DRAGT/DETRAY, LLC

No. 35046-7-II.

161 P.3d 473 (2007)

Henry DRAGT and Jane Dragt, husband and wife, Appellants, v. DRAGT/DeTRAY, LLC, a Washington limited liability; and E. Paul DeTray and Phyllis DeTray, and their marital community, Respondents.

Court of Appeals of Washington, Division 2.

July 3, 2007.

Attorney(s) appearing for the Case

Kevin Arnold Bay, Robert Richard King, Ryan Swanson & Clevelans PLLC, Aaron Matthew Laing, Seattle, WA, for Appellants.

R. Alan Swanson, Law Offices of R. Alan Swanson, PLLC, Olympia, WA, Robert G. Casey, David John Corbett, Eisenhower & Carlson PLLC, Tacoma, WA, for Respondents.

PENOYAR, J.

¶ 1 Henry and Jane Dragt appeal the trial court's conclusion that they breached their contractual and fiduciary duties as members of a limited liability company between the Dragts and land developer, Paul DeTray. The Dragts owned a large parcel of land that they wanted to develop, but they lacked the funds and expertise. In 1996, they formed Dragt/DeTray, LLC (the LLC) for the purpose of developing their property. DeTray agreed to front the costs...

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