Medasys Acquisition Corp. v. SDMS, P.C.
Arizona Supreme Court
1Opinion of the Court
BERCH, Justice.
¶ 1 We granted review to determine whether a party’s election of the equitable remedy of rescission automatically precludes it from also receiving an award of punitive damages. We conclude that it does not.
BACKGROUND
¶2 In January 1998, SDMS, a medical practice, contracted to purchase computer-assisted diagnostic nuclear imaging equipment from Medasys Acquisition Corporation. The contract required that SDMS trade in its old diagnostic imaging equipment and make a down payment of $10,900. SDMS was to pay the balance of $98,100 in three installments after Medasys installed the…
2Cases cited14 opinions
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