Alaska Interstate Construction, LLC, Peak Alaska Ventures, Inc. and Nabors Alaska Services Corporation…

Summary

The Alaska Supreme Court affirmed several rulings favoring Alaska Interstate Construction, including that the Unfair Trade Practices Act applies to related-party commercial aircraft leases, the aircraft claims were timely, discovery of privileged communications was properly denied, and clear and convincing evidence governed quasi-estoppel. It reversed rulings that the aircraft claims were exempt from the Act, that the fraudulent conduct was not a material breach, and that Ellsworth was fraudulently induced to accept the noncompete provision. The court vacated the prevailing-party, attorney-fee, and prejudgment-interest determinations for reconsideration on remand.