10th Circuit Finds Home’s Value Not Proper Measure For Damages

Mealey's (July 22, 2016, 12:09 PM EDT) -- DENVER — A federal judge in Kansas did not err when vacating a jury’s verdict awarding $185,000 to a woman accused a company that builds premanufactured homes of fraud by omission and negligent misrepresentation, a 10th Circuit U.S. Court of Appeals ruled July 20, holding that the cost of repairs rather than the home’s value is a proper measure for determining damages (Leona Feldt v. Heritage Homes of Nebraska Inc., et al., No. 15-3109, 10th Cir.; 2016 U.S. App. LEXIS 13356).

(Opinion available. Document #09-160805-012Z.)...
To view the full article, register now.