Comsult LLC and Roger Davis, Appellants v. Girdwood Mining Company, Appellee

Summary

The Alaska Supreme Court held that the base‑no‑suit provision of Alaska’s securities law does not bar a suit to enforce stock and royalty interests that originated from an illegal contract, that the Fundraising Agreement was not executory, and that res judicata did not preclude the claim, thereby reversing the superior court and remanding for further proceedings.