Legal Opinion
Giacobbi Square v. Pek Corp.
Idaho Supreme Court
Decided September 15, 1983No. 14527PublishedCited by 31 opinions
1Opinion of the Court
HUNTLEY, Justice.
This case involves application and interpretation of a lease renewal clause. In 1969 Anstep Corporation developed a shopping center in Ketchum, Idaho. P.E.K. Corporation was interested in locating a drug store in the shopping center. Contacts were made between the two parties resulting in several meetings during which the terms of the lease were discussed.
A lease was executed with an initial ten-year term commencing January 1, 1970, with a renewal clause reading:
“The term of the lease shall continue from its commencement for a period of ten (10) years thereafter. In addition…
2Cases cited2 opinions
- Anderson v. WhippleIdaho Supreme Court · 1951
- Farber v. Dewey-Davis Estate, Inc.Idaho Supreme Court · 1961
3Cited by31 opinions
- Black Canyon Racquetball Club, Inc. v. Idaho First National BankIdaho Supreme Court · 1991
- P.O. Ventures, Inc. v. Loucks Family Irrevocable TrustIdaho Supreme Court · 2007
- Spence v. HowellIdaho Supreme Court · 1995
- General Auto Parts Co. v. Genuine Parts Co.Idaho Supreme Court · 1999
- Dursteler v. DurstelerIdaho Court of Appeals · 1985
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