Country Cove Development, Inc. v. May

SCHROEDER, Chief Justice.

Irwin and Rita Abell (collectively “the Abells,” individually “Irwin” and “Rita”), as owners of Country Cove Development, Inc. (“Country Cove”), brought this suit against Myron J. and Treva V. May (collectively “the Mays,” individually “Myron” and “Treva”), seeking rescission of a 1993 contract under which the Abells agreed to buy out the Mays’ interest in a motel held by the parties as partners. Irwin Abell and Treva May are brother and sister.

I

STATEMENT OF FACTS

In 1984 the Abells purchased an interest in what is now the Country Inn, a motel located in Bonner County.…