Dippel v. Rokwell Industries, Inc.

KELLY, Judge.

John Dippel, plaintiff, appeals from a judgment in favor of defendant Rokwell Industries, Inc. in a court tried case in St. Louis County Circuit Court. Plaintiff’s claim sought specific performance of a contract between defendant and himself to transfer a life insurance policy on plaintiff’s life in exchange for plaintiff’s stock in defendant company to the company. In the alternative, plaintiff sought a declaration of his rights with respect to defendant and Equitable Life Assurance Society of the United States (hereinafter insurer) under the insurance policy.1

The trial court…