WEDGE v. LIPPS INDUSTRIES, INC.

No. 20A03-8910-CV-436.

575 N.E.2d 332 (1991)

Ronald WEDGE, Appellant-Plaintiff, v. LIPPS INDUSTRIES, INC., d/b/a Conversions by Wedge, Frank P. Lipps, and Randall Lipps, Appellees-Defendants.

Court of Appeals of Indiana, Third District.

July 25, 1991.


Attorney(s) appearing for the Case

Robert J. Palmer, E. Spencer Walton, Jr., May, Oberfell & Lorber, South Bend, Anthony J. Iemma, Elkhart, for appellant-plaintiff.

Michael A. Cosentino, Slabaugh Cosentino Arko Walker & Shewmaker, Elkhart, Evan E. Steger, Kathleen K. Shortridge, Ice Miller Donadio & Ryan, Indianapolis, for appellees-defendants.


HOFFMAN, Judge.

Appellant-plaintiff Ronald Wedge appeals a trial court judgment ordering him to remit $340,833.33 of a $647,500.00 jury verdict or suffer a new trial. Appellees-defendants Lipps Industries, Inc., Frank Lipps, and Randall Lipps cross-appeal for a new trial to the bench on all issues.

The facts relevant to the appeal disclose that Wedge started his own van conversion business in 1975. The business was profitable until 1979 when the gasoline shortages...

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