Light v. Farmer

HOOD, Associate Judge.

Draisner, through straw party Light, contracted to buy certain real estate from the Farmers for $20,000, and shortly thereafter agreed to sell the property to Monaco for $21,000. Settlement of these contracts was never made and eventually the Farmers sold the property directly to the Monacos. Action was brought by Drais-ner against the Farmers and Monacos on the ground that by their collusion his contracts were circumvented and he was deprived of his profit of $1,000.

Buchanan, the broker who negotiated the Draisner-Farmer contract, also brought action against both the…