Legal Opinion
Coosa Valley Bank v. Taylor-Holmes Indus. Supply, Inc.
Supreme Court of Alabama
Decided September 24, 1982No. 81-365PublishedCited by 4 opinions
1Opinion of the Court
This action was tried to a jury on alternative theories of fraud and conversion, claiming both compensatory and punitive damages. The jury returned a general verdict for $30,000.00, in favor of Plaintiff Taylor-Holmes and against Defendant Coosa Valley Bank. Defendant Bank's motions for directed verdict, judgment notwithstanding the verdict, and remittitur were denied. This appeal followed.
In May of 1977, Clarence Eugene Taylor obtained a $48,000.00 SBA loan through Coosa Valley Bank for the business Taylor-Holmes Industrial Supply, Inc. Ninety per cent of the loan was guaranteed by the Small…
2Cases cited9 opinions
- Fed. Sec. L. Rep. P 96,189 First Virginia Bankshares v. Alan BensonCourt of Appeals for the First Circuit · 1977
- Hall Motor Company v. FurmanSupreme Court of Alabama · 1970
- Jim Short Ford Sales, Inc. v. WashingtonSupreme Court of Alabama · 1980
- Collier v. BrownSupreme Court of Alabama · 1969
- Chapman v. Rivers Construction CompanySupreme Court of Alabama · 1969
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- William Aubrey Dominick, Jr. v. Dixie National Life Insurance Company, Robert Lyle Fundaburk v. Dixie National Life Insurance Co., Robert E. Johnson, Jr. v. Dixie National Life Insurance Co., a Corporation, Lincoln National Sales Corporation of Central Alabama, a Corporation, and the Lincoln National Life Insurance Company, a Corporation, Carlton S. & Chrystle Bone v. Dixie National Life Insurance Co., Lincoln National Sales Corporation of Central Alabama and the Lincoln National Life Insurance Company, Jerry Lee Fowler v. Dixie National Life Insurance Co., Russell Jeffrey Pinyan v. Dixie National Life Insurance Co., Milton L. Culver, Gilmer R. And Hilda E. Godfrey v. The Lincoln National Life Insurance Company, Etc., Robert Kermit Pinyan v. Dixie National Life Insurance Co., Julian D. Edwards v. United Presidential Life Insurance Company, a Corporation Union Central Life Insurance Company, a Corporation Milton L. Culver, Mary M. Hunt v. United Presidential Life Insurance Company, a Corporation Union Central Life Insurance Company, a Corporation Milton L. Culver, Hubert A. Grissom v. Dixie National Life Insurance Company, Defendant-Crossclaim Hoyt A. Ponder v. Dixie National Life Insurance Co., Lincoln National Sales Corp. Of Central Alabama & the Lincoln National Life Insurance Co., Garry Aaron Walker v. Dixie National Life Insurance Co., Warren N. Cook v. Dixie National Life Insurance Co., Lincoln National Sales Corporation of Central Alabama & the Lincoln National Life Insurance Company, a Corporation, Burton Burdick v. Dixie National Life Insurance Co., a Corporation Lincoln National Sales Corporation of Central Alabama, a Corporation and the Lincoln National Life Insurance Company, a Corporation, Fred M. Tucker v. Dixie National Life Insurance Co., Lincoln National Sales Corp. Of Central Alabama & the Lincoln National Life Insurance Company, James W. Spencer v. Dixie National Life Insurance Co., a Corporation Lincoln National Sales Corporation of Central Alabama, a Corporation, John Haven v. Dixie National Life Insurance Co., Etc., Allen Daniel Washburn & Mozelle Washburn v. Dixie National Life Insurance Co., Barry W. McCown v. Dixie National Life Insurance Co., Eugene A. Polk v. Dixie National Life Insurance Co., Wilford R. Hitt v. Dixie National Life Insurance Co., Oscar Lee Nichols v. Atlantic American Life Insurance Company, Etc.Court of Appeals for the Eleventh Circuit · 1987
- Marija Wolff, Individually And/or as of the Estate of C. Robert Wolff v. Allstate Life Insurance CompanyCourt of Appeals for the Eleventh Circuit · 1993
- Griffin v. Phar-Mor, Inc.District Court, S.D. Alabama · 1992
- Dominick v. Dixie National Life InsuranceCourt of Appeals for the Eleventh Circuit · 1987