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ALASKA INTERSTATE v. PACIFIC DIVERSIFIED

Nos. S-13478, S-13667.

279 P.3d 1156 (2012)

ALASKA INTERSTATE CONSTRUCTION, LLC, Peak Alaska Ventures, Inc. and Nabors Alaska Services Corporation, Appellants/Cross-Appellees, v. PACIFIC DIVERSIFIED INVESTMENTS, INC., John Ellsworth, Individually, and Anchorage Aviation Center, LLC, Appellees/Cross-Appellants.

Supreme Court of Alaska.

February 10, 2012.

Attorney(s) appearing for the Case

Timothy J. Petumenos , Birch Horton Bittner & Cherot, Anchorage, for Appellants, Cross-Appellees Alaska Interstate Construction, LLC, Peak Alaska Ventures, Inc., and Nabors Alaska Services Corporation.

Jahna M. Lindemuth , Dorsey & Whitney LLP, Anchorage, for Appellant and Cross-Appellee, Peak Alaska Ventures, Inc.

Peter J. Maassen , Ingaldson, Maassen & Fitzgerald, P.C., Anchorage, for Appellees and Cross-Appellants, Pacific Diversified Investments, Inc., John Ellsworth, Individually, and Anchorage Aviation Center, LLC.

Before: CARPENETI, Chief Justice, FABE, CHRISTEN, and STOWERS, Justices.

OPINION

CHRISTEN, Justice.

I. INTRODUCTION

Alaska Interstate Construction, LLC, is a general contractor involved in the construction of roads, bridges, and dams; it also supplies support services to the oilfield sector. In 1995, Alaska Interstate Construction's assets were sold to a joint venture but it continued to be operated by its founder, John Ellsworth, through a company he owned called Pacific Diversified Investments, Inc. In 1998...

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