Cincinnati Fluid Power, Inc. v. Rexnord, Inc.
Court of Appeals for the Sixth Circuit
1Opinion of the Court
KRUPANSKY, Circuit Judge.
Defendant Rexnord, Inc. appealed the $47,500 jury verdict rendered in favor of plaintiff Cincinnati Fluid Power, Inc. (CFP) in this diversity action based on promissory estoppel as recognized in Ohio jurisprudence. The circumstances which gave rise to this litigation are set forth below. 1
CFP is a distributor of hydraulic and pneumatic components located in Blue Ash, Ohio. In November, 1981, CFP President Daniel Kallmyer (Kallmyer) telephoned William Watson (Watson) of Rexnord’s Racine Hydraulic Division (Rexnord). Kallmyer related his observations that Rexnord’s…
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