First National Bank of New Castle v. Acra
Indiana Court of Appeals
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…
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- Charlie Stuart Oldsmobile, Inc. v. SmithIndiana Court of Appeals · 1976
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