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AERO INTERN. CORP. v. FLA. NAT. BANK

Nos. 81-1925, 81-1930.

437 So.2d 156 (1983)

AERO INTERNATIONAL CORPORATION, Appellant/Cross-Appellee, v. FLORIDA NATIONAL BANK OF MIAMI, Appellee/Cross-Appellant.

District Court of Appeal of Florida, Third District.

Rehearing Denied September 28, 1983.

Attorney(s) appearing for the Case

Bedell, Bedell, Dittmar & Zehmer and C. Harris Dittmar, Jacksonville, for appellant/cross-appellee.

Paige & Catlin, Podhurst, Orseck, Parks, Josefsberg, Eaton, Meadow & Olin and Joel S. Perwin, Miami, for appellee/cross-appellant.

Before SCHWARTZ, C.J., HENDRY, J., and OWEN, WILLIAM C., Jr., Associate Judge.

OWEN, WILLIAM C., Jr., Associate Judge.

The principal issue in this case (in which plaintiff-appellant had alleged that the defendant-appellee had converted certain funds entrusted to it under an escrow agreement) is whether the trial court erred in setting aside a jury award of punitive damages on the finding that "there was no support in the competent evidence of record that the Bank's conduct in this case was so malicious or outrageous that its retention of the...

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