Wilson Arlington Company Selden Ring Irving Axelrad v. Prudential Insurance Company of America
Court of Appeals for the Ninth Circuit
1Opinion of the Court
KOZINSKI, Circuit Judge:
The answer to the question presented in this appeal is, yes, Virginia, there is a parol evidence rule.
I
In early 1984, Prudential put up for sale one of its hotel properties — the Arlington Hyatt Hotel located in Arlington, Virginia. Prudential circulated a limited number of informational brochures describing the property and offering it for $26.5 million. Selden Ring, a partner in Wilson Arlington, responded to one of the brochures with an offer to purchase, which he submitted to Prudential on August 15, 1984. The offer met Prudential’s asking price and provided that…
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