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STANDAGE v. PLANNED INV. CORP.

No. 2 CA-CV 88-0309.

160 Ariz. 287 (1988)

772 P.2d 1140

Keith F. STANDAGE, Plaintiff/Appellant, v. PLANNED INVESTMENT CORPORATION, an Arizona corporation; Tom Stapley and Associates, an Arizona corporation; and Cheryl Standage, Defendants/Appellees. PLANNED INVESTMENT CORPORATION, an Arizona corporation, Counterclaimant/Appellee, v. Keith F. STANDAGE, Counterdefendant/Appellant.

Court of Appeals of Arizona, Division 2, Department B.

Review Denied May 23, 1989.

Attorney(s) appearing for the Case

Gove L. Allen, Mesa, for plaintiff/counterdefendant/appellant.

Murphy & Posner by Terry L. Rakow, Phoenix, for defendants/counterclaimant/appellees.

OPINION

FERNANDEZ, Judge.

This case is but one of a series of lawsuits that have ensued from the management of a shopping center. We affirm on all issues except the award of attorney's fees which we remand for a new determination. In order to understand the issues presented, it is necessary to recite some historical background.

In 1963, Hugh Lawson formed Planned Investment Corporation (PIC), an Arizona corporation. He retained ownership of 52% of...

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