Leisure American Resorts, Inc. v. Knutilla

ON REHEARING EX MERO MOTU

On rehearing ex mero motu, the original opinion in this case is withdrawn, and the following opinion is substituted therefor:

This is an appeal by Alpine Bay Resorts, Inc., and Leisure American Resorts, Inc., from a judgment based on a jury verdict rendered against them in the amount of $25,000 for fraud and breach of contract. These claims arose out of an alleged agreement between the plaintiffs, Jeffrey and Janie Knutilla, and the defendants, by which the defendants were to repurchase the Knutillas' condominium timeshare unit for $1,776.46. The defendants filed…