Legal Opinion
Ranchers Exploration & Development Corp. v. Miles
New Mexico Supreme Court
Decided February 27, 1985No. 15373PublishedCited by 21 opinions
1Opinion of the Court
OPINION
STOWERS, Justice.
Ranchers Exploration and Development Corporation and Chaco Energy Company (Ranchers) appeal from a judgment awarding damages to Robert H. Miles, d/b/a M & M Mining Company (Miles), for lost profits resulting from a breach of contract and for severance taxes wrongfully withheld. Miles cross-appeals from the trial court’s refusal to consider punitive damages. The judgment of the trial court is affirmed.
Ranchers presents the following issues on appeal: (1) proof of lost profits was speculative and not supported by the evidence; (2) the award of damages was excessive; and…
2Cases cited9 opinions
- Southwest Battery Corp. v. OwenTexas Supreme Court · 1938
- Loucks v. Albuquerque National BankNew Mexico Supreme Court · 1966
- Twyman v. RoellSupreme Court of Florida · 1936
- Wirth v. Commercial Resources, Inc.New Mexico Court of Appeals · 1981
- Durrett v. PetritsisNew Mexico Supreme Court · 1970
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Servants of the Paraclete, Inc. v. Great American InsuranceDistrict Court, D. New Mexico · 1994
- Diversey Corp. v. Chem-Source Corp.New Mexico Court of Appeals · 1998
- Strata Production Co. v. Mercury Exploration Co.New Mexico Supreme Court · 1996
- Camino Real Mobile Home Park Partnership v. WolfeNew Mexico Supreme Court · 1995
- Sunnyland Farms, Inc. v. Central New Mexico Electric Cooperative, Inc.New Mexico Supreme Court · 2013
16 more not listed; retrieve them via the Exa API.