Legal Opinion
Prudential Insurance Co. of America v. Executive Estates, Inc.
Indiana Court of Appeals
Decided November 30, 1977No. 2-1074A256PublishedCited by 59 opinions
1Opinion of the Court
CASE SUMMARY
Buchanan, J.
Prudential Insurance Company (Prudential) appeals an Eight Hundred Fifty Thousand ($850,000.00) Dollar judgment in favor of Executive Estates, Inc. (Executive), claiming that as mortgagee it had no duty in disbursing the loan proceeds to protect the interest of the mortgagor (Executive) from liens or encumbrances and that the damages awarded by the jury were excessive.
We affirm in part and reverse in part.
FACTS
The facts and evidence most favorable to the trial court’s judgment are:
Robert McCain (McCain) was an attorney practicing law in Fort Wayne, Indiana, with Harold…
2Cases cited40 opinions
- Vernon Fire & Casualty Insurance Co. v. SharpIndiana Supreme Court · 1976
- Anvil Mining Co. v. HumbleSupreme Court of the United States · 1894
- Hibschman Pontiac, Inc. v. BatchelorIndiana Supreme Court · 1977
- Jones v. AbrianiIndiana Court of Appeals · 1976
- Jerry Alderman Ford Sales, Inc. v. BaileyIndiana Court of Appeals · 1972
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3Cited by59 opinions
- Travelers Indemnity Co. v. ArmstrongIndiana Supreme Court · 1982
- Parker v. Columbia BankCourt of Special Appeals of Maryland · 1992
- Leeb v. Guy (In Re Guy)United States Bankruptcy Court, N.D. Indiana · 1988
- Consultants, Incorporated v. BarnesCourt of Appeals for the Seventh Circuit · 1992
- Peterson v. Culver Educational FoundationIndiana Court of Appeals · 1980
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