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FIRST NAT. BANK OF NEW CASTLE v. ACRA

No. 1-883A265.

462 N.E.2d 1345 (1984)

FIRST NATIONAL BANK OF NEW CASTLE, Indiana, Appellant (Plaintiff below), v. Howard ACRA and Phyllis Acra, Appellees (Defendants below).

Court of Appeals of Indiana, First District.

Rehearing Denied June 20, 1984.

Attorney(s) appearing for the Case

Jerry P. Belknap, James E. Mahoney, Barnes & Thornburg, Indianapolis, R. Scott Hayes, Scotten & Hinshaw, New Castle, for appellant.

Peter Campbell King, Patrick W. Harrison, Cline, King, Beck, Harrison & Runnels, Columbus, for appellees.

ROBERTSON, Judge.

The First National Bank of New Castle, Indiana (bank) appeals the verdict awarding Howard Acra (Acra) $100,000 of compensatory damages and $100,000 of punitive damages in his counterclaim against the bank. The bank initiated this action against Acra and Phyllis Acra (Phyllis) to collect on a note. Phyllis's motion for judgment on the evidence was granted during the course of the trial.

We affirm in part, reverse in part, and remand.

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