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MYERS v. WOOD

No. 2 CA-CV 92-0146.

174 Ariz. 434 (1992)

850 P.2d 672

C. Leroy MYERS and Marie A. Myers, husband and wife; Kenneth L. Myers; the Alpha Fund, a California limited partnership; Apple Enterprises, a California limited partnership; Centaur Financial, Inc., a California corporation; Intercapital Financial Services, Inc., a California corporation; Lane D. Lee; The Triax Fund, a California limited partnership; Peter or Bernice Wilkinson, as Trustee for U.D.T.; Stephen A. Wohler; CLM Management, Inc., an Arizona corporation, Plaintiffs/Appellants, v. Walter F. WOOD and Jane Doe Wood, husband and wife; Dennis A. Rosen and Jane Doe Rosen, husband and wife; Dennis A. Rosen, Ltd., an Arizona corporation, Defendants/Appellees.

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

Reconsideration Denied February 3, 1993.

Review Denied May 4, 1993.

Attorney(s) appearing for the Case

Ulrich, Thompson & Kessler by Paul G. Ulrich and Gaye L. Gould, and Pasquale R. Cheche, Phoenix, for plaintiffs/appellants.

Broening Oberg & Woods by Neal B. Thomas, and Potts & Peterson by Richard G. Potts, Phoenix, for defendants/appellees.

OPINION

LIVERMORE, Chief Judge.

Insofar as we can discern from an exceptionally sparse record, plaintiffs hired defendant Walter Wood to advise them concerning financial reorganization problems of Cochise Packers, Inc., a corporation owned by Leroy Myers, his family, and others. Wood, according to the complaint, arranged a sale of the stock of that company to National Fruit Corporation (NFC), a newly formed company...

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