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PHOENIX AVIATION MANAGERS v. SOUTHERN PINE

No. CA 03-1309.

208 S.W.3d 220 (2005)

PHOENIX AVIATION MANAGERS, INC., and Old Republic Insurance Co., Appellants v. SOUTHERN PINE HELICOPTERS, INC., Appellee.

Court of Appeals of Arkansas, Division III.

May 11, 2005.

Attorney(s) appearing for the Case

Thompson & Llewellyn, P.A., by: James M. Llewellyn, Jr., Fort Smith, for appellants.

No response.

SAM BIRD, Judge.

Appellants, who insured a helicopter owned by appellee, sought title to the helicopter salvage after paying $297,000 for a total loss. The trial court instead vested title to the salvage in appellee. We reverse and remand.1

The helicopter in question is a 1962 Bell Huey. It was insured for $330,000, less a ten-percent "in-motion" deductible. In March 2000, the helicopter was damaged by fire, and appellee submitted...

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