Malbco Holdings, LLC v. AMCO Insurance

OPINION AND ORDER

STEWART, United States Magistrate Judge:

The jury found that defendant, AMCO Insurance Company (“AMCO”), breached its insurance policy with plaintiff, Malbco Holdings, LLC (“Malbco”), by denying coverage for collapse of the hotel and awarded damages to Malbco in the amount of $941,268.00. AMCO now moves for judgment as a matter of law pursuant to FRCP 50(b) or, in the alternative, for new trial pursuant to FRCP 59(a) (docket # 390). For the reasons set forth below, that motion is denied.

LEGAL STANDARD

Judgment as a matter of law pursuant to FRCP 50(b) is proper only where the…