[Download] "Lovett v. General Motors Corp." by United States Court of Appeals for the Eighth Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: Lovett v. General Motors Corp.
- Author : United States Court of Appeals for the Eighth Circuit
- Release Date : January 16, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 60 KB
Description
FAGG, Circuit Judge. John Peterson Motors, Inc. (JPM), a car dealership, and Donald John Peterson (Peterson), JPM's owner and operator, brought this antitrust action against General Motors Corporation (GM) in 1985. While the case was pending that year, JPM's bankruptcy proceeding converted to chapter seven and Peterson lost control of JPM's antitrust suit. Peterson, however, continued to pursue individual antitrust damages. After a nine-week trial, a jury found that GM conspired with JPM's rival GM dealers to restrict distribution of vehicles to JPM for the purpose of maintaining retail prices, in violation of section one of the Sherman Antitrust Act, 15 U.S.C. § 1 (1988). The jury awarded separate damages to JPM's bankruptcy trustee and Peterson. GM moved for judgment notwithstanding the verdict (JNOV). The district court denied GM's motion with respect to JPM. Lovett v. General Motors Corp., 769 F. Supp. 1506, 1522 (D. Minn. 1991). The district court granted GM's motion with respect to Peterson, however, concluding Peterson lacked standing to bring a private damage action. Id. at 1508 n.4, 1522. Peterson appeals, and we affirm.