Guard v. P & R ENTERPRISES, INC.

OPINION

CONNOR, Justice.

This appeal is a sequel to the events described in Alaska Laborers Training Fund v. P & R Enterprises, Inc., 583 P.2d 825 (Alaska 1978). We are asked to decide whether the trial court properly denied relief from a judgment under Alaska Civil Rule 60(b) following our decision in Alaska Laborers and, if relief is warranted, to determine the proper measure of damages. We find that the trial court abused its discretion in denying relief from the judgment.

In 1975, the Guards signed an earnest money agreement with P & R Enterprises (P & R) to sell it property upon which a…