A jury in Buncombe County awarded Venezuelan native Wilson Aponte and his company $8.7 million after finding that Dove Air Inc. and its president breached a contract with Aponte for the purchase of a Cessna jet.
The jury awarded Aponte $2,922,353. The damages were trebled because the jury found that Aponte was damaged by the fraud of Dove Air and Joseph W. Duncan, the company’s owner and president.
The 2009 deal, negotiated by an intermediary, was for Aponte to pay Dove Air $2.2 million in exchange for a Cessna Citation III. Aponte paid in full, but Dove Air hedged on giving over the plane. When it finally did, the plane came with an unexpected hitch: a $2.3 million lien in favor of Cessna Finance Corporation. That wasn’t part of the deal. The contract provided that the plane would be transferred free of any liens or charges.
Enter your user name and password in the fields above to gain access to the subscriber content on this site.
Your subscription includes one set of login credentials for your exclusive use. Security features have been integrated on this site: If someone signs in with your credentials while you are logged in, the site will automatically close your ongoing login and you will lose access at that time.
To inquire about group subscriptions or an enterprise site license for your firm, contact Sian Taylor.
If you feel your login credentials are being used by a second party, contact customer service at 877-615-9536 for assistance in changing your password.
Already a paid subscriber but not registered for online access yet? For instructions on how to get premium web access, click here.
Forgot your password?