(Download) "Strang Telecasting, Inc. v. Ernst" by Supreme Court of Wyoming ~ eBook PDF Kindle ePub Free
eBook details
- Title: Strang Telecasting, Inc. v. Ernst
- Author : Supreme Court of Wyoming
- Release Date : January 09, 1980
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
This is an appeal from a summary judgment denying a would-be buyers suit for specific performance of a contract to sell a television station. The contract was conditioned upon the Federal Communications Commission approving the transfer of the license within one year from the date when the application for transfer was filed. This approval was not forthcoming within the one year contemplated by the contract. However, under the appellant-plaintiff-buyers version of the facts ? which we must accept as true for the purposes of examining the summary judgment adverse to the appellant ? FCC approval would have been forthcoming within a month of the one-year deadline. The television-station owners, Joseph and Mildred Ernst, defendants-appellees, informed the appellant, Strang Telecasting, Inc., that they considered the contract for sale of the station terminated immediately after the one-year deadline for FCC approval expired. The principal issue for resolution is whether the district court was justified in awarding summary judgment holding that the sellers had the right to promptly terminate the sale agreement upon the passage of the above-discussed deadline.