Rainbow Prods., Inc. v. Greg Powers Entertainment, Inc.

CourtSuperior Court of Maine
DecidedDecember 7, 2010
DocketSAGcv-08-15
StatusUnpublished

This text of Rainbow Prods., Inc. v. Greg Powers Entertainment, Inc. (Rainbow Prods., Inc. v. Greg Powers Entertainment, Inc.) is published on Counsel Stack Legal Research, covering Superior Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Rainbow Prods., Inc. v. Greg Powers Entertainment, Inc., (Me. Super. Ct. 2010).

Opinion

STATE OF MAINE SUPERIOR COURT SAGADAHOC, ss CIVIL ACTION DOCKET NO. CV-08-1S, , A;'/i H .. 1, J:V, ( ,,-~ , -, I /-II':) ,-./; I / (~j i'f"; {;../.;/ ,~' ' ........ RAINBOW PRODUCTIONS, INC. ) "I i

) Plaintiff, ) ) v. ) ) GREG POWERS ENTERTAINMENT, ) INC. (a/k/a GPE, INC. and THE GREG ) POWERS AGENCY), ) ) Defendant. )

DECISION AND JUDGMENT

This civil action came before the court for a two-day jury-waived trial on August 31 and

September 1, 2010, during which the parties and their counsel presented evidence in the form of

sworn testimony and exhibits. The hearing was recorded. After the hearing, the parties ftled briefs

and proposed findings. Based on the entire record, the court hereby makes and adopts the

following fIndings of fact and conclusions of law, and renders judgment as set forth below.

I. Findings Of Fact

1. The Plaintiff, Rainbow Productions, Inc. ("Rainbow"), is a Maine corporation that,

among other things, operates a retail music store at the Topsham Fair Mall in Topsham under the

name Music & Moore. Music & Moore sells a variety of musical instruments, accessories, and

books, and also provides instruction to students. Music instruction is an important part of Music &

Moore's business, representing over 60% of its annual revenues. Music & Moore caters to families,

and most of its music instruction is provided to students involved in high school and middle school

band programs. 2. As of 2007, Defendant Greg Powers Entertainment, Inc. ("Powers") had been in

business in Saco, Maine for approximately 15 years, selling musical instruments, audio equipment

and related accessories.

3. In early 2007, Rainbow's principal, Larry Moore, learned that Greg Powers, the principal

of Defendant, Greg Powers Entertainment, Inc. ("GPE"), was interested in selling a retail music

store owned and operated by GPE that was located at 901 Portland Road in Saco. Mr. Moore had

known Mr. Powers from high school and done business with GPE in the past. The opportunity to

expand to Saco was of interest to Mr. Moore because it was in keeping with his plan to expand his

business.

4. Thereafter, in May 2007, Messrs . Moore and Powers discussed the possible sale of

GPE's Saco store at a barbecue at the Powers home in Saco. At that meeting, Mr. Moore explained

the importance of Rainbow being open and ready for business by or before the beginning of the

2007-2008 school year, in order to capture the school band season. Mr. Powers was receptive to

that schedule. Mr. Moore and Mr. Powers also discussed Rainbow's need for lesson rooms at the

Saco store.

5. At some point during the summer of 2007, the parties agreed in principle that Rainbow

would acquire most or all of GPE's inventory and open a store and lesson facility at GPE's Saco

location. The precise details, however-such as what the specifications and furnishings of the

lesson rooms were to be, and the price and quantity terms for the purchase of inventory-were left

to be addressed in future discussions.

6. During August, Rainbow had several contractors visit the premises to provide estimates

for work that needed to be done in order for Rainbow to open the retail store for business by

September 1. Rainbow received estimates from Camille's Electric for electrical work, from Carpet

Town for flooring, and from Devoe Floor to Ceiling for tiling and carpeting. Through no fault of 2 1919431.1 either party, Rainbow was not able to take occupancy by September 1. (Rainbow eventually paid

contractors and others $5,014.18 for improvements to the Saco store, some of which have benefited

GPE by enhancing the value of its space).

7. After Mr. Powers missed a meeting that had been set for October 9, Mr. Moore sent Mr.

Powers a letter, dated October 10, together with a written "Offer to Purchase GPE (Greg Powers

Entertainment Inc.) Business and Retail Assets" ("Offer"). In the Offer, Mr. Moore indicated his

desire to take delivery of the retailing building and business and retail inventory by October 31,

2007. He further stated: ''We would need the offices and any and all personal property belonging to

GPE, Greg Powers, or Greg Powers Entertainment Inc. removed and building made ready for

build-out." Rainbow proposed that GPE would be responsible for the construction of three lesson

rooms in the basement.

8. Although the Offer was never signed, Mr. Powers orally indicated he would agree to its

terms and requested only that it be modified so as to permit GPE to retain a few additional display

cases-a request to which Mr. Moore readily agreed. On the other hand, the Offer left open some

significant tenns, such as price, description of the subject matter inventory, and specifications for

the lesson rooms. The parties did not have a common understanding of these essential tenns.

9. Mr. Powers was familiar with lesson rooms, and made certain assumptions about what

Mr. Moore had in mind. Mr. Moore likewise assumed that Mr. Powers knew what he had in mind,

but the two never actually reached any agreement regarding specifications for the lesson rooms.

10. Until mid-November 2007, Messrs. Moore and Powers communicated on a general

level about their mutual plans, without reaching a detailed common understanding of what would

actually happen. The absence of a detailed meeting of the minds was simultaneously neither party's

fault and both parties' fault.

3 19 I9431.1 11. Caught up in his vision for Rainbow's new store, Mr. Moore moved ahead too quickly

with his plans before he and Mr. Powers had reached an agreement. He seems to have assumed that

GPE and Mr. Powers were in agreement with everything he had in mind, even though much of it

was still not agreed upon. likewise, Mr. Powers was focused mainly on his and his wife's objective

of moving away from retail work. The result of this was that Rainbow and GPE moved forward

with the sale before they had an integrated agreement, oral or written, defining their respective rights

and obligations.

12. Mr. Moore apparently expected to fmd the GPE premises empty as of November 1, and

ready for contractors to renovate, despite the fact that he and Mr. Powers had not reached any

detailed agreement and had signed nothing reflecting their discussions as of November 1. Why Mr.

Moore would reasonably expect GPE to close and clear out its store before it and Rainbow had

signed any contract is unclear.

13. Because there was no integrated agreement, oral or written, as of November 1, GPE

cannot be faulted for not closing and clearing out its store for Rainbow to move in. Likewise, GPE

cannot be faulted for not beginning work on the lesson rooms in the absence of any written

agreement.

14. Rainbow took occupancy of the premises on November 1 and at that time tendered to

GPE a check in the amount of $1,250 in payment for the November rental of the premises and an

electronic sign. Mr. Moore, his wife Sara, and Courtney Babbidge, who had been hired as the store

manager, then spent the next several weeks cleaning the premises and removing trash and hundreds

of cardboard boxes-filling several dumpsters in the process.

15. It was only in mid-November that the documentation of the agreement and a mutual

understanding as to essential tenus of the agreement started to catch up with the activity of both

4 1919431.1 parties.

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