Fay Corp. v. Bat Holdings I, Inc.

MEMORANDUM OPINION AND ORDER

DIMMICK, District Judge.

THIS MATTER was tried before this Court without a jury March 14 to March 17, 1988. Trial followed several rulings by this Court granting partial summary judgment.1 In a prior ruling, the Court determined that a novation had occurred with the 1982 assignment of the 99-year lease of the building and grounds on which the downtown Seattle Frederick & Nelson department store is located. This novation revived the gold clause in the lease and established plaintiff’s right to rental payments in gold or its equivalency. The only issues for trial were…