I.M.A., Inc. v. Rocky Mountain Airways, Inc.
Supreme Court of Colorado
1Opinion of the Court
LOHR, Justice.
I.M.A., Inc. (I.M.A.) brought suit in Denver District Court against Rocky Mountain Airways, Inc. (Rocky Mountain) alleging that Rocky Mountain had breached a contract between the two parties. I.M.A. asserted that the alleged contract obligated Rocky Mountain to purchase all of the outstanding stock of I.M.A. and, as part of the purchase price, to assume I.M.A.’s liabilities. A jury returned a general verdict for I.M.A. and awarded $300,000 damages. The Colorado Court of Appeals reversed, holding that no contract existed. I.M.A., Inc. v. Rocky Mountain Airways, Inc., 80CA0964…
2Cases cited22 opinions
- Palmer v. AH Robins Co., Inc.Supreme Court of Colorado · 1984
- Pepcol Manufacturing Co. v. Denver Union Corp.Supreme Court of Colorado · 1984
- Union Supply Co. v. PustSupreme Court of Colorado · 1978
- City of Aurora v. LovelessSupreme Court of Colorado · 1981
- Radke v. Union Pacific Railroad CompanySupreme Court of Colorado · 1959
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- James H. Moore & Associates Realty, Inc. v. Arrowhead at Vail, Inc.Colorado Court of Appeals · 1994
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