Legal Opinion

Smith v. Fairfax Realty, Inc.

Utah Supreme Court

Decided October 3, 2003No. 20010673PublishedCited by 48 opinions

1Opinion of the Court

PARRISH, Justice:

{1 This case presents issues relating to the propriety of both compensatory and punitive damage awards. At the conclusion of a jury trial, defendant Price Development Company (Price), a Utah corporation now doing business as Fairfax Realty, Inc., was found liable for conversion, breach of partnership agreements, and breach of fiduciary duties. Plaintiffs Armand and Virginia Smith were awarded compensatory damages, including prejudgment interest, and punitive damages.

T2 On appeal, Price contends that (1) the trial court wrongly denied a directed verdict on the issue of whether…

2Cases cited35 opinions

  1. BMW of North America, Inc. v. GoreSupreme Court of the United States · 1996
  2. State Farm Mutual Automobile Insurance v. CampbellSupreme Court of the United States · 2003
  3. Pacific Mutual Life Insurance v. HaslipSupreme Court of the United States · 1991
  4. Cooper Industries, Inc. v. Leatherman Tool Group, Inc.Supreme Court of the United States · 2001
  5. TXO Production Corp. v. Alliance Resources Corp.Supreme Court of the United States · 1993

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3Cited by48 opinions

  1. USA Power, LLC v. PacifiCorpUtah Supreme Court · 2016
  2. Encon Utah, LLC v. Fluor Ames Kraemer, LLCUtah Supreme Court · 2009
  3. Campbell v. State Farm Mutual Automobile Insurance Co.Utah Supreme Court · 2004
  4. KTM Health Care Inc. v. SG Nursing Home LLCCourt of Appeals of Utah · 2018
  5. Kelly v. Hard Money Funding, Inc.Court of Appeals of Utah · 2004

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