Opinion ID: 1164418
Heading Depth: 2
Heading Rank: 3

Heading: Whether the superior court erred in ordering specific performance of the October 28, 1977, and February 24, 1979, agreements.

Text: We have determined that the superior court did not err in ordering specific performance of the two agreements in question for several reasons. The superior court's ruling that the parties did not intend the obtaining of a loan from Pacific Mutual to be a condition precedent to performance of the October 28 agreement has been affirmed. Implicit in this holding is the conviction that it is a plausible conclusion from the particular facts of this case that the parties' reasonable expectations were that the Hickel/Palmer debt was to be paid and that the other terms of the agreement were to be carried out even if the Pacific Mutual loan fell through. Further, we think that the superior court's decree requiring the parties to cooperate in obtaining another loan upon the best terms available did not interfere with their reasonable expectations. Since disbursements from the partnership's cash flow were made for six months to the partners according to the terms of the October 28 agreement, there has in fact been substantial reliance upon the contract's validity. Finally, we are of the view that the contract was sufficiently definite to permit its specific enforcement. [17] We thus affirm the superior court's decision to specifically enforce the subject agreements. [18]