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GIRDWOOD MIN. CO. v. COMSULT LLC

Nos. S-14588, S-15037.

329 P.3d 194 (2014)

GIRDWOOD MINING COMPANY, Appellant, v. COMSULT LLC and Rodger Davis, Appellees. Comsult LLC and Rodger Davis, Appellants, v. Girdwood Mining Company, Appellee.

Supreme Court of Alaska.

July 3, 2014.

Attorney(s) appearing for the Case

William D. Artus , Anchorage, for Appellant/Appellee Girdwood Mining Company.

Michael R. Mills and Katherine E. Demarest , Dorsey & Whitney LLP, Anchorage, for Appellees/Appellants Comsult LLC and Rodger Davis.

Before: FABE, Chief Justice, WINFREE, STOWERS, MAASSEN, and BOLGER, Justices.

OPINION

FABE, Chief Justice.

I. INTRODUCTION

A mining company contracted with a consultant to help the company obtain new capital investments. The company later brought suit against the consultant, seeking declaratory judgment that the contract violated Alaska securities law, as well as equitable rescission of the contract and cancellation of shares of stock and royalty interests granted under the contract. The superior court granted summary...

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