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Date: 03-31-2000

Case Style: Corporex Companies v. Raymond James &Assoc, et al.

Case Number: 98cv14

Judge: Wm. O. Bertelsman

Court: United States District Court for the Eastern District of Kentucky

Plaintiff's Attorney: Mark T. Hayden, William T. Robinson, III and Laura A. Hinegardner, Greenebaum, Doll & McDonald, Covington, Kentucky

Defendant's Attorney: Eric C. Holzapfel, Kent A. Britt and W. Kelly Lundrigan, Wood & Lamping, Cincinnati, Ohio

Description: Diversity of Citizenship - Breach of Contract and Fraud - Corporex Corporation claimed that RJ Mortgage Acceptance Corporation and/or Raymond James Associates, Inc., breached its contract and/or defrauded Corporex in 1994 when it failed to provide $18 million in interim financing under a conditional letter of intent.

Outcome: Jury verdict for plaintiff for $10 million in compensatory damages and $30 million in punitive damages. Judge has not entered judgment as of 4/3/00 and has reversed ruling on a number of significatn issues that may have an effect on the jury verdict.

Plaintiff's Experts: Unknown

Defendant's Experts: Unknown

Comments: None



 
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