McCorquodale v. Holiday, Inc.

OPINION

By the Court,

Zenoff, J.:

Thomas C. Moore and Austin Hemphill became owners of the Holiday Hotel in Reno, the trade name for Holiday, Inc., which included a casino entity known as Carda Hotels, Inc. Felton McCorquodale was in charge of the poker game operated in the casino. He had a family history of early death from heart condition and was already very hi at the time the events that led to this litigation took place.

Concerned for the welfare of his wife should he die, he entered into two deals, one documented with Carda for the purchase of a small percentage of the casino operation and…