HOPE PETTY MOTORS PF COLUMBIA, INC. v. Hyatt

This is a contract action. C. Kenneth Hyatt, sole owner of Ken Hyatt AMC/Jeep, Renault, Inc., sold his dealership to Hope Petty Motors of Columbia, Inc., on December 28, 1987. Randolph W. Hope, Jr., negotiated the sale for Hope Petty. For two months prior to the sale’s closing, Hope Petty managed the dealership under a management agreement. On July 26, 1989, Hope Petty brought suit against Hyatt AMC and against Hyatt personally, seeking payments which it claimed were due under the management agreement. A jury found against Hyatt AMC and Hyatt personally and awarded Hope Petty $60,588. The…