HELLER INTERN. CORP. v. SHARP

Nos. 91-3218, 91-3306.

974 F.2d 850 (1992)

HELLER INTERNATIONAL CORPORATION, a Delaware Corporation, Plaintiff-Appellant-Cross-Appellee, v. Alec SHARP, a United Kingdom Subject, as Lead Underwriter of and for the Subscribing Syndicates of Underwriters at Lloyd's, London, Guardian Royal Exchange Assurance Company, Limited, a United Kingdom Corporation, Assicurazioni Generali, an Italian Corporation, Bellefonte Insurance Company, a United Kingdom Corporation, Sphere Insurance Company, Limited, a United Kingdom Corporation, and Drake Insurance Company, Limited, a United Kingdom Corporation, Defendants-Appellees-Cross-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided September 4, 1992.

Rehearing Denied December 3, 1992.


Attorney(s) appearing for the Case

Dan K. Webb, Kimball R. Anderson (argued), Lawrence R. Desideri, Winston & Strawn, David E. Springer, Charles F. Smith, Katherine C. Grady, Linda A. Stark, Wayne W. Whalen, John K. Lyons, Skadden, Arps, Slate, Meagher & Flom, Charles L. Glick, Hedlund & Hanley, Chicago, Ill., for plaintiff-appellant.

Michael A. Pope (argued), Stanley V. Figura, Mark A. Brand, Neal R. Novak, Pope & John, Edward P. McNeela, McNeela & Griffin, Chicago, Ill., for defendants-appellees.

Wendi Sloane Weitman, Robert E. Shapiro, Barack, Ferrazzano, Kirschbaum & Perlman, Chicago, Ill., April A. Breslaw, Resolution Trust Corp., Washington, D.C., for amicus curiae Resolution Trust Corp.

Thomas W. Merrill, Jonathan K. Baum, Michael S. Sigal, Sidley & Austin, Chicago, Ill., for amicus curiae Chicago Clearing House Ass'n.

Before BAUER, Chief Judge, RIPPLE, Circuit Judge, and WOOD, Jr., Senior Circuit Judge.


BAUER, Chief Judge.

Heller International appeals the district court's denial of its motion for a judgment notwithstanding the verdict or, alternatively, for a new trial. Heller contends that the district court's refusal to give a proffered jury instruction requires reversal of the judgment and remand for a new trial. Given the facts presented here, we agree. Heller also appeals the district court's award of costs to defendants...

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