[DOWNLOAD] "Coal Resources Inc. V. Gulf & Western Industries Inc." by United States Court Of Appeals For The Sixth Circuit # eBook PDF Kindle ePub Free
eBook details
- Title: Coal Resources Inc. V. Gulf & Western Industries Inc.
- Author : United States Court Of Appeals For The Sixth Circuit
- Release Date : January 04, 1985
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 78 KB
Description
This is the rehearing under Rule 40 of the Federal Rules of Appellate Procedure of both an appeal brought by defendant Gulf & Western Industries, Inc. and a cross-appeal brought by plaintiff Coal Resources, Inc. In the district court, the plaintiff asserted claims for breach of contract, common law fraud and violations of the federal securities laws. The defendants asserted a counterclaim for fraud. A jury awarded Coal Resources $6,384,000 on the breach of contract claim, $5,666,000 on the common law fraud claim, $5,000,000 on the securities claim, $11,000,00 in punitive damages and $350,000 in attorney's fees. Coal Resources subsequently accepted a remittitur under which it would receive $12,050,000 "in full of all jury awards." The district court also granted Gulf & Western's motion for JNOV on the securities claim.