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IOTA, LLC v. DAVCO MANAGEMENT CO., LC

No. 20100855-CA.

284 P.3d 681 (2012)

2012 UT App 218

IOTA, LLC, a Utah limited liability company; and California Benefit, Inc., a California corporation, Plaintiffs and Appellees, v. DAVCO MANAGEMENT COMPANY, LC, a Utah limited liability company, Defendant and Appellant.

Court of Appeals of Utah.

August 2, 2012.

Attorney(s) appearing for the Case

Darwin C. Fisher , St. George, for Appellant.

Paul D. Veasy , David R. Hall , and Alan S. Mouritsen , Salt Lake City, for Appellees.

Before Judges McHUGH, VOROS, and DAVIS.

OPINION

DAVIS, Judge:

¶ 1 Davco Management Company, LC (Davco) appeals several of the trial court's rulings in favor of Iota, LLC and California Benefit, Inc. (collectively, Plaintiffs). We affirm in part, and reverse and remand in part.

BACKGROUND

¶ 2 In 2005, Davco, through its member and manager, David Fisher, entered into a real estate purchase contract (REPC) with Iota for the purchase of Casa Sonoma and with California Benefit...

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