Airline Support, Inc., and Cross-Appellee v. Asm Capital Ii, L.p., and

Summary

The Alaska Supreme Court held that whether Airline Support's accounting manager had apparent authority to assign the corporation's bankruptcy claim presented a genuine issue of material fact, because reasonable jurors could disagree whether her title and the corporation's conduct reasonably manifested authority to sell a significant corporate asset. The court therefore reversed the summary judgment for ASM, remanded for further proceedings, and vacated the related attorney-fee award; it did not reach ASM's cross-appeal concerning bankruptcy-court fees. WINFREE, Justice, concurring, agreed with the remand but would have avoided broader discussion of the corporation's internal workings and company letterhead.