HGI Associates, Inc. v. Wetmore Printing Co.

BIRCH, Circuit Judge:

In this appeal, we determine whether Wetmore Printing Company (“Wetmore”) improperly breached its contracts to sell Microsoft software to HGI Associates, Inc. (“HGI”), and, if so, what damages HGI properly can recover from Wetmore. After a bench trial, the district court found that Wetmore formed and breached three of four putative contracts with HGI, that HGI was entitled to accrued lost profits but no future lost profits caused by the breach, and that HGI was entitled to punitive damages because of the knowingly fraudulent actions Wetmore undertook when forming and…