· 2/17/1920
Young v. Bank of Sweetwater
Citations
- 187 Ky. 71
- 218 S.W. 463
- 1920 Ky. LEXIS 82
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- finding that an appraisal results in a “binding factual determination” as to the amount of loss
- observing that, “while appraisal could ‘give figures for the value of the property,’ it would resolve only ‘a part of the overall dispute’ between the parties; it would not resolve other issues, like whether the policy provided coverage for complete replacement of a particular roof””
- unlike arbitration, appraisal “establishes only the amount of a loss,” and not other issues including liability and coverage (quoting Minot Town & Country v. Fireman’s Fund Ins. Co., 587 N.W.2d 189, 190 (N.D. 1998))
- “[T]he appraisal process set forth in the policy is not an arbitration under the CUAA.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Cabboll
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.