Collins Entertainment Corp. v. Coats And Coats Rental Amusement

629 S.E.2d 635 (2006)

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Nature of the Case

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Facts

P contracted to lease video poker machines to two bingo hall operations known as Ponderosa Bingo and Shipwatch Bingo. The six-year lease required that any purchaser of the premises assume the lease. In 1997, American Bingo and Gaming Corporation (American) purchased the assets of the bingo parlors. American failed to assume the lease and removed P's machines from the premises. P sued American alleging unfair trade practices, civil conspiracy, and intentional interference with contract. The matter was referred to a master who found American liable for intentional interference with contract and awarded P actual damages of $157,449.66 and punitive damages of $1,569,013.00. The Court of Appeals affirmed. American appealed.