Marshall v. Floyd

Bernes, Judge.

Richard D. Floyd filed this action against David C. Marshall and John J. Marshall, individually, and as co-trustees of the testamentary trust of Lola Marshall and as co-executors of the estate of Dr. Joseph E. Marshall (collectively “the Marshalls”), alleging breach of contract and seeking specific performance of a lease/purchase contract that purportedly provided Floyd with a right to purchase property owned by the Marshalls. Floyd claimed that the contract provided an enforceable purchase option and that the Marshalls had breached the contract by refusing to sell the property…