Acheson v. Shafter

UDALL, Justice.

Action for wilful and malicious conversion of a 1965 Porsche automobile. This cause was tried to a jury and verdict was returned in favor of Wayne Shafter, plaintiff below, awarding $3,888.00 .actual damages and $15,000.00 exemplary damages.

The facts surrounding the conversion are as follows: In 1966, plaintiff, because of his pending divorce, was unable to secure a loan with which to purchase an automobile. He approached his close friend Richard Acheson, defendant below, and explained his situation. On August 16, 1967, Acheson secured a personal loan with the Arizona Bank and,…