Northeastern Electric Co. v. American Capital Corp.

OPINION

MURRAY, Justice.

This case involves a claim for nonpayment of amounts due Northeastern Electric Co., Inc. (Northeastern) under an oral contract with American Capital Corporation (American). The jury rendered a verdict in *830favor of the plaintiff, Northeastern. The defendants, American and its president, filed a motion for a new trial based on three grounds. After a hearing and consideration of supporting papers, the trial court denied the defendants’ motion. The defendants appeal from the denial of their motion for a new trial. We affirm.

At trial in 1982, American was established to have…