Downer & Co., LLC v. STI Holding, Inc.

Defendant Separation Technologies, Inc., engaged *787the plaintiff, an investment banking firm, to assist it in raising capital. Events played out in an unanticipated fashion, which led to a dispute over how much compensation the defendants owed the plaintiff under the contract. After trial, a Superior Court jury awarded the plaintiff approximately $2.26 million dollars in contractual damages (in addition to the $214,773 in compensation that had already been paid). The judge partially granted the defendants’ motion for judgment notwithstanding the verdict (judgment n.o.v.), thereby reducing the…