Texaco, Inc., Plaintiff-Counter-Claim-Defendant-Appellant v. William R. Ponsoldt, Defendant-Counter-Claimant-Appellee
Court of Appeals for the Ninth Circuit
1Opinion of the Court
TROTT, Circuit Judge:
Texaco appeals summary judgment in favor of William R. Ponsoldt on multiple claims arising out of an unconsummated land sale. After Ponsoldt failed to close escrow on a ranch located in Santa Barbara, California that he had contracted to purchase, Texaco sued for declaratory relief and specific performance. Failed settlement talks led to a second suit by Texaco for breach of the settlement agreement, fraud, and negligent misrepresentation. Ponsoldt filed counterclaims in both suits, which are still pending. We affirm in part and reverse in part.
I
Facts
Texaco and Ponsoldt…
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- Jackson v. Bank of HawaiiCourt of Appeals for the Ninth Circuit · 1990
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