Thomas G. Lovett, Trustee of the Bankruptcy Estate of John Peterson Motors, Inc. Donald John Peterson, Individually v. General Motors Corporation
Court of Appeals for the Eighth Circuit
1Opinion of the Court
FAGG, Circuit Judge.
Thomas G. Lovett, trustee of the bankruptcy estate of John Peterson Motors, Inc. (JPMI), and Donald John Peterson, JPMI’s owner and operator, prevailed at trial in this antitrust action against General Motors Corporation (GM). A jury found that GM violated section one of the Sherman Antitrust Act, 15 U.S.C. § 1 (1988) (prohibiting conspiracies in restraint of trade), and awarded JPMI $986,000 in damages, which the district court automatically trebled to $2,958,000, see id. § 15. The jury also awarded damages to Peterson individually. GM then moved for judgment as a matter…
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