Ward v. Shriro Corp.

GUITTARD, Chief Justice.

Shriro Corporation recovered judgment on a jury verdict for actual and exemplary damages from Morris Ward and Clyde DeLay for conversion of a check issued by Transcontinental Insurance Company in payment of a claim on a policy of builders’ risk insurance issued by Transcontinental. Ward and DeLay contend on this appeal that Shriro’s claim against them is barred by the fact that Shriro originally joined Transcontinental as a party defendant and *590alleged that Transcontinental was still liable on the claim, but, before the trial, accepted a payment from Transcontinental in…