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DELANEY v. GEORGIA-PACIFIC CORP.

No. 422-128.

564 P.2d 277 (1977)

278 Or. 305

Robert L. DELANEY et al., Appellants, v. GEORGIA-PACIFIC CORPORATION, a Georgia Corporation, et al., Respondents.

Supreme Court of Oregon, In Banc.

Decided May 10, 1977.

Attorney(s) appearing for the Case

Barnes H. Ellis and Karen K. Creason, of Davies, Biggs, Strayer, Stoel & Boley, Portland, argued the cause and filed briefs for appellants.

Norman J. Wiener, of Miller, Anderson, Nash, Yerke & Wiener, Portland, argued the cause for respondents. With him on the brief were Peter C. Richter and James N. Westwood, Portland.

Before DENECKE, C.J., and HOLMAN, TONGUE, HOWELL, BRYSON, MENGLER and BRADSHAW, JJ.

DENECKE, Chief Justice.

Plaintiffs appeal from an adverse decree in a suit arising out of the conduct of a joint venture. We reverse in part and remand for further proceedings.

Montana Pacific International (MPI) is a corporation formed to carry out a joint venture. One half of its stock was subscribed to by Montana Lumber Sales (MLS) and the other half by Georgia-Pacific Corporation (GP).1 MLS is a closely-held Montana corporation...

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