Butler v. Farmers Ins. Co. of Arizona

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the innocent purchaser of stolen property has an insurable interest in the property
• construing Arizona statute similar to Maryland statute; noting that innocent purchaser may, if property is damaged or destroyed, “be held liable in tort for conversion, and therefore has an interest in maintaining the property in an undamaged condition”
• bona fide purchaser of stolen property has a title defea-sible only by the rightful owner
• bona fide purchaser of stolen property has a title defea-sible only by the rightful owner
• when stolen automobile was recovered by true owner, the loss to the insured, who was a bona fide purchaser of the stolen automobile, was “accidental,” entitling him to coverage

Source: CourtListener parenthetical corpus (CC0).