Legal Opinion

United Insurance Co. of America v. Chapman Industries

Nevada Supreme Court

Decided November 19, 2004No. 39523PublishedCited by 1 opinion

1Opinion of the Court

*746OPINION ON REHEARING2

2Per curiam

In this appeal, we consider whether prejudgment interest should be calculated pursuant to a general interest statute, NRS 99.040, or a specific interest statute, NRS 92A.340, in a dissenting shareholder action that commenced before NRS 92A.340 was enacted. We conclude that NRS 92A.340 applies.

FACTS

In 1987, respondents Unicoa Corporation shareholders Myron Chapman, Audrey Schlossberg, and Chapman Industries (collectively Chapman dissenters) dissented when Unicoa merged into appellant United Insurance Company of America (United). In 1987, the Chapman dissenters filed suit,…

3Cases cited9 opinions

  1. Allianz Insurance v. GagnonNevada Supreme Court · 1993
  2. Uniroyal Goodrich Tire Co. v. MercerNevada Supreme Court · 1995
  3. Key Bank of Alaska v. DonnelsNevada Supreme Court · 1990
  4. Nelson v. Peckham Plaza PartnershipsNevada Supreme Court · 1994
  5. Southdown, Inc. v. McGinnisNevada Supreme Court · 1973

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4Cited by1 opinion

  1. AMERICAN ETHANOL, INC. v. Cordillera FundNevada Supreme Court · 2011

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