Legal Opinion
Joann's Launder Center, Inc. v. Chase Manhattan Bank, N.A.
District Court, Virgin Islands
Decided February 9, 1995No. Civil No. 1989-106PublishedCited by 3 opinions
1Opinion of the CourtMoore, Chief Judge
MEMORANDUM
THIS MATTER is before the Court on the following motions: (1) defendant's motion for judgment notwithstanding the verdict, or alternatively, for a new trial; and (2) plaintiff's motion for fees and costs.
Following a four-day jury trial, plaintiff Jo-Ann's Launder Center, Inc. ("Jo-Ann's" or "plaintiff") was awarded a $500,000 verdict against defendant Chase Manhattan Bank, N.A. ("Chase" or "defendant"). The case was tried to the jury on the following theories (1) that Chase had breached its loan agreement with Jo-Ann's by unjustifiably declaring that the loan was in default and…
2Cases cited18 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Allied Chemical Corp. v. Daiflon, Inc.Supreme Court of the United States · 1980
- Roebuck, Dr. James R. v. Drexel UniversityCourt of Appeals for the Third Circuit · 1988
- Tunis Bros. v. Ford Motor Co.Court of Appeals for the Third Circuit · 1991
- Mony LEICHIHMAN, Appellant, v. PICKWICK INTERNATIONAL and American Can Company, AppelleesCourt of Appeals for the Eighth Circuit · 1987
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3Cited by3 opinions
- Equivest St. Thomas, Inc. v. Government of the Virgin IslandsDistrict Court, Virgin Islands · 2004
- Morcher v. NashDistrict Court, Virgin Islands · 1998
- Berne Corp. v. Government of the Virgin IslandsDistrict Court, Virgin Islands · 2009