Watson v. Hatch

DURHAM, Justice:

Defendants appeal from an order of the Fifth District Court for Washington County allowing plaintiff to specifically enforce an option agreement requiring defendants to purchase plaintiffs interest in a limited partnership. We reverse.

In the fall of 1979, defendants were general partners in “Court Club,” a limited partnership organized to construct and operate a racquetball club in St. George, Utah. Defendants contacted plaintiff and solicited his investment in “Court Club” as a limited partner. Plaintiff expressed an interest in investing in the venture, but communicated some…