Wangler v. Federer

BROWN, Justice.

Appellants conveyed real property to ap-pellees for development by the latter under a profit-sharing arrangement. The contractual relationship between the parties fell on bad times, and appellants instituted an action against appellees seeking a declaratory judgment, specific performance, and damages for breach of contract.

The trial court held generally for appel-lees. On appeal appellants raise the following major issues: 1

I

Did the trial court correctly construe the rights and obligations of the parties under the May 23, 1977 agreement?

II

Did the trial court correctly construe…