Dan Sifford v. Trans Air

WESSEL, JOHN D., Associate Judge The appellant, Dan Sifford, pursuant to an adverse jury verdict, appeals a final judgment for monies due under an agreement with the appellee, Trans Air, Inc. Sifford agreed to loan Trans Air $50,617.34 and received an option to purchase the outstanding majority interest in Trans Air. Subsequent to the agreement the relationship between the parties deteriorated, and Sifford decided against exercising this stock option and instituted an action to recover monies lent to Trans Air.