Venture Industries Corp. v. Himont U.S.A., Inc.

Venture Industries Corporation and VEMCO, Inc. (collectively ‘Venture” or “the plaintiff’) appeal from the district court’s grant of partial summary judgment in favor of the defendant, Himont U.S.A., Inc., on the plaintiffs claim for loss of future profits resulting from the defendant’s breach of a sales agreement between the parties. After entry of the partial summary judgment order, the parties agreed to submit their dispute to arbitration, but the plaintiff reserved the right to appeal the matter of lost future profits in the event that the defendant was found liable for breach of contract…