Legal Opinion
Star Bank, N.A. v. Laker
Indiana Supreme Court
Decided July 11, 1994No. 69S01-9407-CV-621PublishedCited by 4 opinions
1Opinion of the Court
ON PETITION TO TRANSFER
GIVAN, Justice.
Laker brought suit against the Bank alleging the cause of various injuries to real and personal property when they undertook to remove certain farm machinery from his premises because of Laker’s default on a loan for which the machinery was security. A jury trial resulted in a verdict in Laker’s favor of $225 in compensatory damages and $7,000 in punitive damages.
The facts are: Laker obtained a loan from Star Bank and pledged as collateral two tractors, a com picker, and a disc. When Laker defaulted on the loan, the Bank sent its agents and employees to…
2Cases cited3 opinions
- Hibschman Pontiac, Inc. v. BatchelorIndiana Supreme Court · 1977
- Arlington State Bank v. ColvinIndiana Court of Appeals · 1989
- Star Bank, N.A. v. LakerIndiana Court of Appeals · 1993
3Cited by4 opinions
- Automotive Finance Corporation v. Smart Auto Center, Inc. And Carl SchwibingerCourt of Appeals for the Seventh Circuit · 2003
- Melodie Liddle v. Cameron F. Clark, in his official capacity as Director of the Indiana Department of Natural ResourcesIndiana Court of Appeals · 2018
- Automotive Finance v. Smart Auto CenterCourt of Appeals for the Seventh Circuit · 2003
- Star Bank, N.A. v. LakerIndiana Supreme Court · 1994