STILWYN, INC. v. ROKAN CORP.

No. 41451.

353 P.3d 1067 (2015)

158 Idaho 833

STILWYN, INC., Plaintiff-Appellant-Cross Respondent, v. ROKAN CORPORATION, a Delaware corporation; Rokan Financial Services, LLC, a Delaware corporation; Rokan Partners, a Limited Partnership, an Idaho limited partnership; Rokan Property Services, LLC, an Idaho limited liability company; Robert A. Kantor, an individual; Anaconda Investments, LLC, a Delaware limited liability company; Anaconda Managers, LLC, a Delaware limited liability company; Portfolio FB-Idaho, LLC, a Delaware limited liability company; Wali Investments, LLC, an Idaho limited liability company; David Wali, an individual; Michael Page, an individual; Michael Edward Page Trust; Michael Page 2008 Revocable Trust; Bryan Furlong, an individual; John Sofro, an individual, Defendants-Respondents-Cross Appellants-Cross Respondents, and Idaho First Bank, an Idaho corporation, Defendant-Respondent-Cross Appellant, and Gregory Lovell, an individual, Defendant, and John Does 1-20, Defendants.

Supreme Court of Idaho, Twin Falls, June 2015 Term.

July 16, 2015.


Attorney(s) appearing for the Case

Holland & Hart, LLP, Boise, for appellant. B. Newal Squyres argued.

Thomas Williams & Park, LLP, Boise, for respondent and cross-appellant Idaho First Bank. Daniel E. Williams argued.

Greener, Burke, Shoemaker, PA, Boise, for respondents and cross-appellants, Michael Page, Michael Edward Page Trust, Michael Page 2008 Revocable Trust, John Sofro, Bryan Furlong, Wali Investments, LLC, David Wali, Anaconda Investments, LLC, Anaconda Managers, LLC, Portfolio FB-Idaho, LLC, Rokan Corporation, Rokan Partners, A Limited Partnership, Rokan Property Services, LLC, Rokan Financial Services, LLC, and Robert A. Kantor.   Thomas J. Lloyd III argued.


Appellant, Stilwyn, Inc., brought suit against the Respondents in district court stating nine claims for relief arising out of a failed transaction to purchase an interest in a loan. The district court dismissed those claims, holding that they were barred by prior federal litigation involving Stilwyn, two of the Respondents, and...

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