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BEARDSLEY v. JACOBSEN & JACOBSEN LIV. TR.

Supreme Court No. S-17190.

472 P.3d 500 (2020)

John P. BEARDSLEY, Janet N. Beardsley, and Seaport Air Group, LLC, Appellants, v. ROBERT N. JACOBSEN & DARLENE F. JACOBSEN LIVING TRUST and Wings Airline Services, Inc., Appellees.

Supreme Court of Alaska.

September 18, 2020.

Attorney(s) appearing for the Case

Lael A. Harrison , Faulkner Banfield, P.C., Juneau, and Albert N. Kennedy , Tonkon Torp, Portland, Oregon, for Appellants. Kristen P. Miller and E. Budd Simpson , Simpson, Tillinghast, Sheehan & Araujo, P.C., Juneau, for Appellees.

Before: Bolger, Chief Justice, Winfree, Stowers, Maassen, and Carney, Justices.

OPINION

I. INTRODUCTION

Two business owners executed a series of transactions to sell a regional airline business. Within two years of the sale, one of the buyer-controlled business entities declared bankruptcy, and the seller commenced litigation to resolve disputes over their agreements. The parties settled...

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