Lynnhaven Dolphin Corp. v. E.L.O. Enterprises, Inc.

EDITH HOLLAN JONES, Circuit Judge:

The buyer of a ship alleges that its own agent and the seller are guilty of collusion to perpetrate a fraud on the buyer that resulted in the buyer paying $175,000 for a ship not worth more than $45,000. Judgment was entered against the seller and the buyer’s agent in the sum of $204,-221.61, plus interest from the date of judicial demand, attorneys’ fees stipulated at $28,760, and maintenance of the vessel from the date of judicial demand at two. dollars per day. The seller appeals. We are asked to decide whether the evidence supports the district court’s…