Legal Opinion

First National Bank of New Castle v. Acra

Indiana Court of Appeals

Decided May 10, 1984No. 1-883A265PublishedCited by 44 opinions

1Opinion of the Court

ROBERTSON, Judge.

The First National Bank of New Castle, Indiana (bank) appeals the verdict awarding Howard Acra (Acra) $100,000 of compensatory damages and $100,000 of punitive damages in his counterclaim against the bank. The bank initiated this action against Acra and Phyllis Acra (Phyllis) to collect on a note. Phyllis’s motion for judgment on the evidence was granted during the course of the trial.

We affirm in part, reverse in part, and remand.

The facts reveal Acra and Phyllis executed two promissory notes in connection with their business, Agritron of Indiana, in the spring of 1975. 1…

2Cases cited19 opinions

  1. Travelers Indemnity Co. v. ArmstrongIndiana Supreme Court · 1982
  2. Jerry Alderman Ford Sales, Inc. v. BaileyIndiana Court of Appeals · 1972
  3. Charlie Stuart Oldsmobile, Inc. v. SmithIndiana Court of Appeals · 1976
  4. Baker v. American States InsuranceIndiana Court of Appeals · 1981
  5. Trinity Lutheran Church, Inc. of Evansville v. MillerIndiana Court of Appeals · 1983

14 more not listed; retrieve them via the Exa API.

3Cited by44 opinions

  1. Buckley v. Trenton Saving Fund SocietySupreme Court of New Jersey · 1988
  2. Scott v. Bodor, Inc.Indiana Court of Appeals · 1991
  3. Indiana & Michigan Electric Co. v. Terre Haute Industries, Inc.Indiana Court of Appeals · 1987
  4. Sees v. Bank One, Indiana, N.A.Indiana Supreme Court · 2005
  5. Captain & Co., Inc. v. StenbergIndiana Court of Appeals · 1987

39 more not listed; retrieve them via the Exa API.

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