REG Washington, LLC
v.
Warren Bush, William Horan, Taylor Schroeder, Charles & Angela Bush, Gary Soules, Linda Bush, and Tim Burrack
Appellee
REG Washington, LLC
Appellant
Warren Bush, William Horan, Taylor Schroeder, Charles & Angela Bush, Gary Soules, Linda Bush, and Tim Burrack
Attorney for the Appellee
John F. Lorentzen and Thomas C. Goodhue
Attorney for the Appellant
Warren L. Bush
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Sac County, James M. Drew, Judge. AFFIRMED. Considered by Bower, C.J., and Doyle and Schumacher, JJ. Opinion by Doyle, J. (4 pages)
The defendants appeal the district court order granting summary judgment for REG Washington, LLC (REG) on its claim for restitution and dismissing their counterclaims. OPINION HOLDS: REG is entitled to restitution for the payments it made to purchase the defendants’ units of ownership in Iowa Renewable Energy (IRE) because IRE’s board of directors refused to approve the transfer. The defendants failed to present the necessary evidence in support of their counterclaims.
