Eckel Indus, v. Primary Bank

CourtDistrict Court, D. New Hampshire
DecidedOctober 15, 1998
DocketCV-95-459-SD
StatusPublished

This text of Eckel Indus, v. Primary Bank (Eckel Indus, v. Primary Bank) is published on Counsel Stack Legal Research, covering District Court, D. New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Eckel Indus, v. Primary Bank, (D.N.H. 1998).

Opinion

Eckel Indus, v. Primary Bank CV-95-459-SD 10/15/98 UNITED STATES DISTRICT COURT FOR THE

DISTRICT OF NEW HAMPSHIRE

Eckel Industries, Inc.

v. Civil No. 95-459-SD

Primary Bank; Robert E. Sager, individually

O R D E R

Following jury trial, this matter is before the court for

resolution of the issues raised by certain post-trial motions.

1. Background

Plaintiff Eckel Industries, Inc., is a company which

designs, manufactures, and sells impact traffic doors.1 In 1991

James Collins, then a vice president at Eckel, decided to form a

new company to compete with Eckel in the impact door market.

Collins' new venture, eventually incorporated under the name

Antco, initially sought financing from First NH Bank (First N H ) .

Unsatisfied with the pace of loan approval at First NH, Collins

sought financing from Peterborough Savings Bank, the predecessor

1Impact traffic doors are doors that permit vehicles such as loaded forklifts to regularly pass through the door, which opens automatically before and closes automatically behind the forklift. of defendant Primary Bank. Defendant Robert E . Sager was the

loan officer who supervised the awarding of a $135,000 loan to

Antco from Peterborough Savings Bank.

Although Collins had no non-compete agreement with Eckel,

the latter launched a series of litigations against various

parties and entities who sought to do business with Collins

and/or Antco. As a result, exclusive of this litigation, Eckel

received from settlements total sums of $543,662.16.

Antco failed, and Primary sold such Antco assets as it could

find to the Superior Door Company. Eckel brought the instant

suit against Primary and Sager for misappropriation of its trade

secrets.2 The jury returned a verdict for Eckel in the amount of

$142,000.3

2A1though Eckel originally raised other theories, the court ruled that Eckel's right of recovery must be determined pursuant to the New Hampshire version of the Uniform Trade Secrets Act (UTSA), which is found in New Hampshire Revised Statutes Annotated (RSA) chapter 350-B.

3The jury returned a verdict of $142,000 against Primary and a verdict of the same amount against Sager. As Primary's liability is grounded on respondeat superior, the court finds it would be duplicative and equate with double damages to permit a total award of more than $142,000. 2 2. Motion for New Trial, document 75

This motion, to which defendants object, document 79,4 seeks

a new trial on the issue of damages only. Alternatively,

plaintiffs seek the remedy of additur.5

Pursuant to Rule 59(a), Fed. R. Civ. P., a new trial may be

granted "to all or any of the parties and on all or part of the

issues . . . for any of the reasons for which new trials have

heretofore been granted in actions at law in the courts of the

United States." However, new trials are "warranted only if the

verdict, though rationally based on the evidence, was so clearly

against the weight of the evidence as to amount to a manifest

miscarriage of justice." Bogosian v. Mercedes-Benz of N.A.,

Inc., 104 F.3d 472, 482 (1st Cir. 1997) (internal quotations and

citations omitted).

4Surprisingly, defendants' objection is grounded on the perceived untimeliness of the motion, i.e., on an argument that the motion cannot be filed before actual entry of judgment. This argument is incorrect, for Rule 59(e), Fed. R. Civ. P., does not require the existence of a pre-existing judgment, but only that the motion be served "not later than 10 days after entry of judgment." Accordingly, most courts hold that the motion may be made before judgment has actually been entered. 12 M o o r e 's F e d e r a l P r a c t i c e § 59.11[l][b], at 59-33 (3d ed. Matthew Bender 1997).

5Although the remedy of additur is recognized in the state courts, Belanger v . Teague, 126 N.H. 110, 111, 490 A.2d 772 (1985), federal courts are barred from its utilization, as the Supreme Court has held additur to be violative of the Seventh Amendment. Dimick v. Schiedt, 293 U.S. 474, 486-87 (1935). 3 Moreover, it is well settled in the First Circuit that

where, as here, the allegation of an improper verdict is based

solely on the amount of the damage award, the circumstances under

which a trial court may overturn a verdict are strictly limited.

Gil de Rebollo v. Miami Heat Assocs., Inc., 137 F.3d 56, 62 (1st

Cir. 1998). The evidence must be viewed in the light most

favorable to the jury's verdict, Mollov v. Blanchard, 115 F.3d

86, 88 (1st Cir. 1997), with consideration given to the jury's

right "to disbelieve as much of the plaintiff's expert and lay

testimony as it wished." Gil de Rebollo, supra, at 63.

Thus viewed, the jury's award of $142,000 is, the court

finds, neither the result of a compromise nor so niggardly as to

require the order of a new trial. This case concerned the

alleged misappropriation by defendants of certain financial

information of plaintiff in the course of awarding a loan in the

amount of $135,000 to a fledgling company which failed less then

a year after entry into competition with plaintiff.

The jury could rationally find that the plaintiff's claimed

losses of $1,180,000 would not reasonably and completely flow

from such circumstances, and the jury could find that a

reasonable award more likely should approximate the funds

utilized to launch the competitor.

4 In cases which involve only economic loss, review must

proceed with great deference to the jury's award. Segal v.

Gilbert Color Systems, Inc., 746 F.2d 78, 81 (1st Cir. 1984).

The jury "'is free to run the whole gamut of euphonious notes--to

harmonize the verdict at the highest or lowest points for which

there is a sound evidentiary predicate, or anywhere in between—

so long as the end result does not violate the conscience of the

court or strike such a dissonant chord that justice would be

denied were the verdict permitted to stand.'" Gil de Rebollo,

supra, 137 F.3d at 63 (quoting Milone v. Moceri Family, Inc., 847

F .2d 35, 37 (1st Cir. 1998)).

There is, the court finds, no manifest miscarriage of

justice in the verdict here returned. Accordingly, the motion

for new trial is denied.

5 3. Motion for Imposition of Exemplary Damages and Attorney's

Fees f document 696

The UTSA, RSA 350-B:37 provides that the court may double

damages awarded by the jury "[i]f willful and malicious

misappropriation exists." And RSA 350-B:4, III,8 permits an

award of attorney's fees in the same circumstances. Accordingly,

plaintiff moves for both exemplary damages and attorney's fees,

and the defendants object. Document 77.9

To prove its claim of willfulness, plaintiff relies on

excerpted testimony at trial from Christopher Flynn, president of

Primary. The court has reviewed this testimony and finds it

unsupportive of plaintiff's argument. Fairly read, a rational

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