Sloan v. State Farm Mutual Automobile Insurance
Court of Appeals for the Tenth Circuit
1Opinion of the Court
PAUL KELLY, JR., Circuit Judge.
Plaintiffs-Appellants/Cross-Appellees Sloan (Debtor and Insured) and Moldo (Bankruptcy Trustee) appeal from the district court’s judgment awarding $560,000 in compensatory damages based upon breach of contract, bad faith failure to settle, and a violation of the New Mexico Insurance Practices Act. Defendant-Ap-pellee/Cross-Appellant State Farm (Insurer) also appeals contending that several trial errors occurred. We affirm the judgment on liability, reverse the judgment insofar as damages and remand for a new trial on compensatory and punitive damages.
Background
Th…
2Cases cited30 opinions
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- Dimick v. SchiedtSupreme Court of the United States · 1935
- Kennon v. GilmerSupreme Court of the United States · 1889
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