Free Motion for Summary Judgment - District Court of Arizona - Arizona


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Date: December 18, 2006
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Kurt Brueckner Meritage Corporation v.
September 27, 2006 Hancock
( Page dd Page B2
iu these discussions widi David Cornwall with respect to
[2] Q: Okais Ok“YTeu me about the drscnssrons wid [2] drafting the operating agreement and the option agreement,
[3} resPecr to giving Greg Hdddbdk rnore than 25 pdr eenr- [a] what —— what discussions took place with respect to how
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[12] dear? [12] that Greg Hancock agreed to?·
{ies} `e```'`‘’’"‘"`` E5! ’°"° ’§o§§`}iii£‘i{.·;°igio`éd ‘”°‘‘‘‘‘`‘‘‘‘’‘‘‘‘‘`‘‘
[16] Q: OkayAnd was there any discussions about [16] to the $5,500; _ _
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rid did DM Cbrdwdi id] You Widi iddpdd re did diddddd P
[za] tell you that the capital contributions would reflect that [23] Q: $3,500 is in the Option Pm just U-ying to .
[24] Per eenrages “ those Pereenrages? [24] figure out what the — what Greg ——- what David Cornwall ·
[25] told you. P
Page 81 Page 83
[1] Q: OkayAnd that was during your discussions with [1] what was said to YOU? _ i
ie] ’eePe°” r° me °P“°“ egreemeee eeereee In
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iii G: Okay-That he and Greg had agreed ro? ··
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[7] Wliat did Dave Cornwall say to you that [7] with David Cornwall about the purported revokable nature "
[a] raised the issue of giving Greg Hancock more than [B] Of the Option. .
ie] 2s Pereeee °
[11] Q: So — just so I understand it, you had lm Q: You told mm [hat; ‘
[ie] ‘rS°““r°¤S Wiib David c°““""’Jr e“’r“g dis °°¤*e’“ °r
[is] putting together uio operating agreement and the option gig; `’‘‘‘°‘‘’°"‘`°“ oi ``“` ’"s”°“’“eie’ei‘”`”e’'`e""“e i s”"`’`s``"“’`e```’`”``` ` "
[14] agreement during which David Cornwall iI1diC2Â¥Cd Bt least [14] agreement was vv]-[guy Separate 0; was it part of putting
[15 the potential intent to have Greg Hancock own more than [15] togcmcr me Company? _
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[gs] Q; And during this initial discussion with — during [25] David Cornwall roll you during those conversations with ·
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Perle B4 Page 86
[1] respect to the option agreement and the operating [1] Q: In esserree
rei agreement Wtth teePeet tO the PUtP Otted te"Ok"bte ttetttte
»;oao¤; it ``‘‘‘”‘ 6Q‘AAa&¢11 aaa ‘&¢ta4a&t&%¤s+1ga&0¢i are wiaeuaa O "tt‘‘``‘`‘°``‘‘
[5] Q: Okay.And with respect — and just so I’m clear, [5 rhar was the ease, eerreerg
O te] when YOU _ as YOU _ when YOU t°StUtOd ettttttt that YOU
M d<>¤’t mtu my <¤S¤¤SSi¤¤S with Greg H¤¤<¤¤¤i< with
[10] context with respect to the purported revokable nature of [1 O] Q: OkaYArrd SO when he initially posed you me
[ill the ePtien agreement: eerreet? [11] structure of the deal, Greg Hancock was, in fact, going to
[12] om more than the as patent, correct?
rei Ot Whet e“‘t‘Yete dtd YOU t‘O· tt *UtY· as tO Whether
[201 "td!Oéiééirridtasri6r`£iié"‘stL#Li£t{i£é`6r"£i£é`dééiife' ’`''"'""`"'`"’'`````°'”‘``”‘”"
la?] Qi Okaltitnd Yeh based Yeur behet that there was [22] ownership interest as referenced in the option, correct? ‘
tat] “O °O‘tStttetaUO“ Paid for the OPUOH On what David
[Z4] <3<>r¤W¤l1 wld You about thc S¤¤¤¤¤r¤ <>f vlmpic {QZ] Otttt "i`e{Xr{Li'ii{;L£'§§}§§i&$}i,¢;,ii{5ii§ jireriééééi{6§¥6ii"i$§ii5Q{¥id O`t'O°O`Ot```'OtO't''```
[251 Prepertiee? [aq Cornwall, correct?
Page 85 Page B7

M e= Whats vm basis for bcrcvmg that time was He
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[61 Qi 0k¤i¤Y¤¤ did net investigate Whether er net [6] earlier that there was no discussions at that stage with
[7] there was any relationship, quid pro quo, between [-,1 Greg Har-reeekp »
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[10] THE WITNESS: I — I’m not sure Iunderstand [10] respect to thc forulation?
[Ut YOUI ‘iU°sUO”·
[12] BY Mn. G¤L¤r=r~E= 553 ‘`‘``°` d3t‘61§i9§Ai¢&}`hééiigérigsigssig &$&it1&`i55&%iLi"é;s}3{s#aii ”"`“‘’ ` ‘`“’ T `‘'''''‘°`°°`
[131 Q? Did Yen i¤V¤S¤g¤t¤ with Mr · Cernvvah er [1 za] with respect to the terms and structure of the operating
[14] Mr. Hancock whether there was a relationship between [1 4] agreement and the epuerr contract between Olympic
[15] Mr· He-neeekis — Greg Ha-neeekis investment in OtYtnPie [15] Properties, David Cornwall, and Greg Hancock, what
[16] PrePe1'tie$ and the ePtien agreement that Yeti vver e <1r¤fti¤s · [1E] discussions, if any did you have with anybody at Meritage
[171 011 behalf of OiYr¤Pie Properties? [17] with respect to the issues raised or the topics raised in
[181 MR- Znzeni Obleet te the terrh- [1B] the operating agreement and the option contract?
Kiel THE Wimeest Fm eerrltt stm — I —
ra] r BY MR. c=¤L¤F¤~E= @$3 ‘i`i‘t°`’"°‘‘'‘` iii Q ‘`‘'‘ 5r§gE"g`L¥3` Y O " " `t‘`°`°"``"e"’’``‘'`“`"`“‘`‘t‘
[21] Q: Did Yen ask Mr Cornwall Whether there Was a [21] today; you don’t recall any discussions with Meritage
[221 1`ei¤rie¤$hiP between w Whether Greg H¤¤¤¤¤k would invest [22] excluding Greg Hancock with respect to those topics,
[23] in Olympic Properties and the option agreement? [ae] eerreerp

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Mu1—U-Sclgetse 2 :04-cv-00384-ROS D0cu$le1Ft hT1§3t]21§.t® Filed 12/18/2006 Ftgge §i4D%c384 Pegg 87

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