- 14 - deliberation was limited to a cause of action under a breach of contract theory. Moreover, in the Jury Instructions with respect to petitioner, the Jury was instructed to deliberate based upon only a breach of contract cause of action. The Jury was specifically instructed that "in awarding damages, if any, you are not permitted to award any amount for the purpose of punishing any party, or to make an example of any party." There were no tort or tort type cause of action instructions to the Jury with respect to petitioner. As noted, the District Court's Judgment also is devoid of any reference to an award based on a tort or tort type claim. In addition to the $159,238, the Judgment awarded only amounts of commissions plus interest to petitioner and FBC. The Judgment of $1,521,628.04 was based solely on breach of contract claims. After the Jury Trial, WNIC was faced with a liability of $1,521,628.04, in favor of petitioner and FBC. This Judgment reflected commissions due, interest thereon, and an amount for wrongful termination of the general agency contract. Obviously, WNIC thought it could reduce this liability by its appeal of the Judgment. Petitioner did not appeal. After settlement negotiations, WNIC was able to settle for $894,800.00, a reduction of $626,828.04. WNIC's liability as a result of thePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011