Charts v. Nationwide Mutual Insurance

397 F. Supp. 2d 357, 2005 U.S. Dist. LEXIS 25754, 2005 WL 2789319
CourtDistrict Court, D. Connecticut
DecidedOctober 25, 2005
DocketCiv.A. 397CV1621CFD
StatusPublished
Cited by4 cases

This text of 397 F. Supp. 2d 357 (Charts v. Nationwide Mutual Insurance) is published on Counsel Stack Legal Research, covering District Court, D. Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Charts v. Nationwide Mutual Insurance, 397 F. Supp. 2d 357, 2005 U.S. Dist. LEXIS 25754, 2005 WL 2789319 (D. Conn. 2005).

Opinion

RULING ON POST-TRIAL MOTIONS

DRONEY, District Judge.

The plaintiffs, Charts Insurance Associates, Inc. (“CIAI”) and Alex Charts (collectively “Charts”), brought this three-count action against Nationwide, 1 alleging violations of the Connecticut Franchise Act (“the Franchise Act”), Conn. Gen.Stat. § 42-133e et seq., the Connecticut Unfair *362 Trade Practices Act (“CUTPA”), Conn. Gen.Stat. § 42-110a et seq., and the implied covenant of good faith and fair dealing. Following a nine-day trial, the jury returned a verdict in favor of Charts on all three counts and awarded damages of $2,300,000. Judgment was entered on December 13, 2004. Pending are three post-trial motions: (1) Nationwide’s motion for judgment as a matter of law on all three counts pursuant to Fed.R.Civ.P. 50, or, in the alternative, for a new trial pursuant to Fed.R.Civ.P. 59; (2) Charts’ motion for attorney’s fees; and (3) Charts’ motion for prejudgment interest. For the following reasons, Nationwide’s motion is granted in part and denied in part. Charts’ motion for prejudgment interest is denied, and Charts’ motion for attorney’s fees is granted, as modified by the Court.

The procedural background of this case has been recounted in prior rulings. See Alex Charts and Charts Ins. Assoc., Inc. v. Nationwide Mutual Ins. Co., 16 Fed.Appx. 44 (2d Cir.2001); Charts v. Nationwide Mut. Ins. Co., 300 B.R. 552, 553 (2003). In order to frame the discussion of the parties’ post-trial motions, however, the Court sets forth the following limited background: Charts brought this action against Nationwide on August 11, 1997, claiming various violations of Connecticut law arising from Nationwide’s termination of Charts’ insurance agency. After three years of contested motion practice, Magistrate Judge William I. Garfinkel issued a recommended ruling granting Nationwide’s motion for summary judgment on the ground that, inter alia, Charts’ claims against Nationwide were part of the bankruptcy estate of Alex and Helena Charts, and as such could not be asserted here by Alex Charts and CIAI. 2 On September 29, 2000, this Court approved the recommended ruling on that ground, over Charts’ objection, and judgment entered for Nationwide. 3 The Second Circuit, without addressing the merits of this Court’s ruling, remanded to the District Court, concluding that the bankruptcy trustee was a necessary party in making a determination as to standing. On remand, therefore, this Court vacated its prior ruling and the action was consolidated with the bankruptcy action. Nationwide then filed a new motion for summary judgment, essentially relying on the same arguments presented in its first motion. On September 30, 2003, after reconsidering the parties’ arguments, and hearing from the trustee of Charts’ bankruptcy, the Court denied Nationwide’s motion for summary judgment, finding that the claims were not property of the bankruptcy estate and Charts and CIAI had standing to assert them in this case.

On November 29, 2004, the case proceeded to trial. At the conclusion of Charts’ case-in-chief, Nationwide made an oral motion for judgment as a matter of law pursuant to Rule 50. The Court denied that motion without prejudice to Nationwide renewing it at the conclusion of all the evidence. Nationwide made a second motion for judgment as a matter of law at the conclusion of all the evidence. The Court reserved judgment until after the jury had reached its verdict. On De *363 cember 10, 2004, the jury returned its verdict in favor of Charts on all three counts. On December 13, 2004, the Court entered judgment in accordance with the jury’s verdict. On December 23, 2004, Nationwide renewed its request for judgment as a matter of law or a new trial by filing a motion with this Court. Both parties subsequently submitted numerous memoranda of law in response to Nationwide’s motion.

On January 12, 2005, Charts filed a motion for attorney’s fees and a motion for prejudgment interest. Those motions also have been fully bbiefed by the parties. The Court heard arguments on all post-trial motions on July 20, 2005. 4

NATIONWIDE’S MOTION FOR JUDGMENT AS A MATTER OF LAW, OR, IN THE ALTERNATIVE, FOR A NEW TRIAL

Nationwide’s post-verdict motion seeks judgment as a matter of law as to all counts pursuant to Rule 50, or, in the alternative, a new trial on all counts and/or damages pursuant to Rule 59. The Court turns to the motion for judgment as a matter of law first.

I Motion for Judgment as a Matter of Law

A) Standard of Review

“If, for any reason, the court does not grant a motion for judgment as a matter of law made at the close of all the evidence, the court is considered to have submitted the action to the jury subject to the court’s later deciding the legal questions raised by the motion. The movant may renew its request for judgment as a matter of law by filing a motion no later than 10 days after entry of judgment....” Fed.R.Civ.P. 50(b). When ruling on such a post-verdict motion for judgment as a matter of law, a district court may allow the judgment to stand, order a new trial or direct entry of judgment as a matter of law. Id.

A Court may properly grant a post-verdict Rule 50 motion when “there can be but one conclusion as to the verdict that reasonable men could have reached.” Merrill Lynch Interfunding, Inc. v. Argenti, 155 F.3d 113, 120 (2d Cir.1998) (quoting Samuels v. Air Transport Local 504, 992 F.2d 12, 14 (2d Cir.1993)). In other words, “a Rule 50 motion for judgment as a matter of law must be granted where ‘(1) there is such a complete absence of evidence supporting the verdict that the jury’s findings could only have been the result of sheer surmise and conjecture, or (2) there is such an overwhelming amount of evidence in favor of the movant that reasonable and fair minded men could not arrive at a verdict against him.’ ” Hernandez v. Keane, 341 F.3d 137, 143-44 (2d Cir.2003) (quoting Newmont Mines Ltd. v. Hanover Ins. Co., 784 F.2d 127, 132 (2d Cir.1986)).

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397 F. Supp. 2d 357, 2005 U.S. Dist. LEXIS 25754, 2005 WL 2789319, Counsel Stack Legal Research, https://law.counselstack.com/opinion/charts-v-nationwide-mutual-insurance-ctd-2005.