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Terence Ridley Wins Reversal of $3 Million Property Appraisal Award

Wednesday, September 5, 2018   (1 Comments)
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Terence Ridley wins reversal of a $3 million property appraisal award and disqualification of the appraiser and umpire.

 

American Family v. Copper Oaks (D. Colo. 2018) 

 

Terence Ridley of Wheeler Trigg O’Donnell obtained vacatur of a $3 million property damage appraisal award against client American Family related to a 2013 hail damage claim. The appraisal award amount was approximately five times greater than the amount estimated by American Family. In the opinion, the Chief Judge for the United States District Court for the District of Colorado disqualified the plaintiff’s national property appraiser on the grounds that he was not impartial and had direct financial interests in the amount of the appraisal award. The Court also disqualified the umpire for partiality, due in part to his prior work with the plaintiff’s appraiser.

Comments...

Beth A. Bauer says...
Posted Thursday, September 6, 2018
Congratulations Terence! Fabulous result! Sounds like some interesting dealings on the plaintiff side. I look forward to the full story next time we meet.

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