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153755P.pdf   07/11/2017  Simmons Foods, Inc.  v.  Industrial Risk Insurers
   U.S. Court of Appeals Case No:  15-3755
                          and No:  15-3845
   U.S. District Court for the Western District of Arkansas - Fayetteville   
[PUBLISHED] [Riley, Author, with Loken and Benton, Circuit Judges] Civil case - Insurance. Timeliness of suit is a procedural issue, and the district court did not err in applying Arkansas law, which gives an insured five years to sue, rather than the provisions of the insurance policies which required suit to be initiated within 12 months after inception of the loss; plaintiff's damages were not capable of exact determination until the jury rendered its verdict and the district court entered judgment and, as a a result, plaintiff was not entitled to prejudgment interest under Arkansas law; because plaintiff did not recover the statutory threshold of at least 80% of the amount it demanded in the suit, it was not entitled to statutory damages or attorneys fees.