Suzuki of Russellville, Inc. v. Mid-Century Insurance

Tom Glaze, Judge.

Appellant argues the trial court erred in granting appellee’s motion for directed verdict. This case centers on appellant’s sale of a motorcycle to a Charles McNeese. First National Bank of Russellville financed the sale, and appellee issued an insurance policy which, among other things, covered the theft of the motorcycle. Soon after the sale,. McNeese reported the motorcycle stolen. Because McNeese defaulted on his note payments to First National Bank, the bank pursued its right of recourse against appellant which paid the note in full. Alleging it was the Bank’s subrogated…