Alaska Fur Gallery, Inc. v. Tok Hwang

OPINION

WINFREE, Justice.

I. INTRODUCTION

A sublessee entered into an agreement containing an option to purchase the lessee’s interest in the lease and leasehold improve ments. When the sublessee attempted to exercise the option the lessee declined to sell, claiming the option was unenforceable. The sublessee sued, seeking, among other things, to enforce the option provision. The superior court held that the provision was too uncertain to enforce either as an option or as an agreement to negotiate. The sublessee appeals; we affirm the superior court’s decision.

II. FACTS AND PROCEEDINGS

Tok Hwang…