Court Opinion

ID: 9642871
Source: CourtListenerOpinion
Date Created: 2023-08-22 18:11:18.454121+00
Date Added: 2024-06-11T18:10:53.746535
License: Public Domain

Darrell Hickman, Justice, concurring in part; dissenting in part. There is no substantial evidence to support an award of $21,500 for loss of “equity” in equipment. Hickman, the appellee, testified that he had “lost equity in his equipment,” but he could only point to a disc that was repossessed at the time of the trial; he still had the other equipment. One cannot lose something one still has. The appellants properly objected to an instruction which permitted the jury to consider this evidence. The equity must be lost, through repossession, to be a recoverable damage. See Brickey v. Lacy, 245 Ark. 860, 435 S.W.2d 443 (1968). Hickman had paid $1,500 on the disc; therefore, I would reduce the award of $21,500 for loss of equipment to $1,500. George Rose Smith, J., joins in this opinion.