CNH America, LLC v. Ligon Capital, LLC

STUART, Justice.

Ligón Capital, LLC (“Ligón”), and its subsidiary HTI Hydraulic Technologies, LLC (“HTI”), sued CNH America, LLC (“CNH”), in the Jefferson Circuit Court, asserting breach-of-contract, fraudulent-misrepresentation, and fraudulent-suppression claims stemming from CNH’s decision to stop using HTI as a supplier of hydraulic cylinders. Following a two-week trial, the jury returned a verdict in favor of Ligón and HTI on their fraudulent-suppression claims, awarding them $3.8 million in compensatory damages and $7.6 million in punitive damages. The trial court entered a judgment on…