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COMMERCIAL DEBENTURE CORP. v. AMENTI, INC.

No. 20080297.

231 P.3d 804 (2010)

2010 UT 10

COMMERCIAL DEBENTURE CORPORATION, Donald Skipworth, J. Fred Smith, and Tri-State Realtors, P.C., Plaintiffs and Appellants, v. AMENTI, INC.; and Merlin R. Morrison, Jr. aka Merlin Morrison, Defendants and Appellees.

Supreme Court of Utah.

February 19, 2010.

Attorney(s) appearing for the Case

Gregory B. Smith, West Jordan, for appellants.

Jon V. Harper, Thomas R. Karrenberg, Jess M. Hofberger, Salt Lake City, for appellees.

NEHRING, Justice:

INTRODUCTION

¶ 1 Commercial Debenture Corporation ("CDC") appeals from an adverse result of a bench trial. CDC contended that it was entitled to $1,568,000, a sum that represented one-half of all the proceeds of the sale of real property situated in West Jordan, Utah. CDC grounded its claim in a development contract and two listing agreements. Following a bench trial, the district court rejected...

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