Fischl v. Aust

*183LENT, J.

This is a suit in equity for an accounting. We review de novo. ORS 19.125(3). The issues before us are whether defendant entered into a binding agreement to contribute to various union trust funds and, if so, whether plaintiffs, who are the trustees of those funds, are barred by laches from enforcing the agreement. The trial court determined both issues in plaintiffs’ favor. We affirm.

The dispute had its origins in September of 1970, when defendant Aust, who had been conducting a small sign-painting business in Springfield, was considering working as a painting contractor. To…