[DOWNLOAD] "Big Sandy Realty Co. v. Stansifer Motor Co." by Court Of Appeals Of Kentucky # Book PDF Kindle ePub Free

eBook details

Title: Big Sandy Realty Co. v. Stansifer Motor Co.
Author : Court Of Appeals Of Kentucky
Release Date : January 12, 1956
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 59 KB

Description

Upon a jury verdict, appellants recovered judgment against appellee for consequential and punitive damages for the bad faith breach of a business insurance policy. At the time of trial, the law which prevailed and defined the allowable recovery for the bad faith breach of a first party insurance contract was set forth in Feathers v. State Farm Fire and Casualty Company, Ky.App., 667 S.W.2d 693 (1983). On appeal, the Court of Appeals reversed the judgment of the trial court and disallowed the recovery. Relying on this Courts decision in Federal Kemper Insurance Company v. Hornback, Ky., 711 S.W.2d 844 (1986), an opinion rendered subsequent to entry of judgment in the trial court, the Court of Appeals held that "there is no [legal] basis for recovery of consequential or punitive damages in a case such as this. .. ." We granted discretionary review to reconsider our holding in Federal Kemper and now reverse the Court of Appeals.