B-W Acceptance Corporation v. Jesse E. Porter and E. L. King

B-W Acceptance Corporation (B-W) instituted a diversity action against Jesse E. Porter and E. L. King on a guaranty agreement executed by Porter and King in favor of B-W. This cause was tried before a jury in federal district court in Mississippi. B-W alleged outstanding obligations by Porter and King of $31,864.80 plus an attorney’s fee of fifteen percent (15%). 1 Following a trial on the merits the jury returned a verdict in favor of B-W against Porter and King in the amount of $1,074.73 plus a fifteen percent attorney’s fee. Motion by B-W to amend judgment or for a new trial was denied.…