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SMITH v. CROWN FINANCIAL SERV. OF AMERICA

No. 22964.

890 P.2d 769 (1995)

Dean SMITH and Rachael J. Smith dba Jane Enterprises, Appellants/Cross-respondents, v. CROWN FINANCIAL SERVICES OF AMERICA, a Nevada Corporation, Crown Financial Services of America, a California Corporation, as a Corporate Entity and in its Capacity as General Partner of Injection Mold Partners, Ltd., a California Limited Partnership; Michael W. Dooling, Individually, Respondents/Cross-appellants.

Supreme Court of Nevada.

March 2, 1995.

Attorney(s) appearing for the Case

Michael E. Cirac, Reno, for appellants/cross-respondents.

Vernon E. Leverty and Betty Baker, Reno, for respondents/cross-appellants.

OPINION

PER CURIAM:

In October 1988, Dean Smith and Rachael Smith, doing business as Jane Enterprises ("appellants"), filed a complaint alleging damages in excess of $110,000 for breach of contract and misrepresentation, and for an accounting of sales of a toy product known as the "Zing Ring" or "Groove Tube." Appellants had executed a "Letter of Intent" with Michael Dooling, the president of Crown Financial Services of America, which in turn was...

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