Kings Park Apartments

Kings Park Apartments, Ltd.; Judwin Properties, Inc.; and Marvin Isgur, as independent co-executor of the estate of Eugene Winograd, M.D. (collectively "Kings Park") sued its insurers, National Union Fire Insurance Company of Pittsburgh, Pennsylvania, separately and d/b/a American International Group; American International Group, Inc.; American International Adjustment Company; and American Home Assurance Company (collectively "National Union"), for misappropriating a $5 million insurance policy and for wrongfully refusing to defend Kings Park. On April 11, 2000, almost five years after the jury verdict, the trial court rendered judgment, awarding Kings Park $500,000 in actual damages, $1 million in exemplary damages, and $500,000 attorney's fees. Both parties appeal. We reverse the judgment of the trial court and render judgment that Kings Park take nothing. We affirm the trial court's sanctions order.