Minpeco, S.A. v. Hunt

LASKER, District Judge.

This motion arises from the damages decision issued in this action on December 22, 1987, Minpeco, S.A. v. ContiCommodity Services, Inc., 676 F.Supp. 486 (S.D.N.Y. 1987). 1 That determination 1) eliminated a portion of Minpeco’s lost profits claim and 2) concluded that it was Minpeco’s burden to offset its claim of actual damages by the “measure of the increase in value which accrued to its own physical silver holdings ... as a result of defendants’ allegedly manipulative behavior,” 676 F.Supp. at 490. While it was concluded that “Minpeco’s damage calculations must…