DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
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.