- 14 - profitable locations were reserved for the other Sentinel EPS recyclers owned by other investors. Petitioner received "hundreds and hundreds" of complaints regarding the recyclers for which RRI was responsible, including the two recyclers that he owned. The end-users complained that the machines did not work; that they had fires; that too much labor was involved; and that PI was not maintaining and repairing the recyclers. Petitioner "couldn't get someone to maintain the equipment" and began to feel that the investment was "hopeless" after "about 400 phone calls and pleadings and meetings." Petitioner never profited in any year from his Sentinel EPS recyclers, a fact that petitioner attributes to PI's alleged failure to repair and maintain the recyclers. At the time of trial, petitioner could not recall the names of the companies with which he placed his recyclers. When asked at trial if he knew where his Sentinel EPE and EPS recyclers were presently located, petitioner replied that he did not have the "vaguest idea" and that they had been "abandoned" by him because PI would not maintain them. At the time that petitioner purchased the Sentinel EPS recyclers, there was no established market for such recyclers. C. Expert Testimony The parties did not agree on the value of either the Sentinel EPE or EPS recyclers, and petitioner did not stipulatePage: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011