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CORAL CADILLAC, INC. v. STEPHENS

No. 4D02-543.

867 So.2d 556 (2004)

CORAL CADILLAC, INC., a Florida corporation, Appellant, v. James R. STEPHENS, Appellee.

District Court of Appeal of Florida, Fourth District.

March 3, 2004.

Attorney(s) appearing for the Case

Jane Kreusler-Walsh and Rebecca Mercier-Vargas of Jane Kreusler-Walsh, P.A., West Palm Beach, Donald C. Dowling of Spinner, Dittman, Federspiel & Dowling, LLP, Delray Beach, and Kenneth L. Bednar of Hinshaw & Culbertson, Fort Lauderdale, for appellant.

Kenneth L. Paretti of Adams & Quinton, P.A., Miami, for Amicus Curiae South Florida Auto Truck Dealers Association, Inc., a not for profit Florida corporation.

Edna L. Caruso of Caruso & Burlington, P.A., West Palm Beach, and Samuel T. Hill of Hill & Lemongello, P.A., Fort Lauderdale, for appellee.

SHAHOOD, J.

Appellant, Coral Cadillac, Inc., appeals from a final judgment following a jury trial and from an order denying its motion for rehearing/new trial, motion for remittitur, and motion to limit judgment on punitive damages. We affirm as to all issues raised, except the statutory interest rate issue, which we reverse. In affirming the punitive damages award we write only to discuss whether the punitive damage award must be limited to three times the compensatory...

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