Alaska Supreme Court
Alaska Fur Gallery, Inc. v. First National Bank Alaska
March 13, 2015
Summary
The Alaska Supreme Court affirmed the judgment in favor of the Hernandez entities arising from their investment in a hotel project financed by the Bank. The court held that the Bank's inconsistent and potentially misleading testimony did not constitute fraud upon the court, but reasonably supported enhanced attorney's fees for work related to the first trial. The court also upheld the rulings concerning the finder issue, evidentiary limitations, the verdict form, equitable estoppel, mootness, and attorney's fees and costs.