Cambron v. Moyer

McGIVERIN, Chief Justice.

This case involves various questions arising out of an alleged contract for the sale of stock in a closely held corporation. We conclude that the trial court committed reversible error in failing to address the applicability of the statute of frauds contained in article eight of the uniform commercial code, Iowa Code ch. 554 (1991).

We therefore reverse the judgment of the district court and remand the cause for a new trial.

I. Background facts and proceedings. Roger D. Cambrón, now deceased, was the husband of plaintiff Norma J. Cambrón, the executor of decedent’s…