Ehret Company, a Corporation v. Eaton, Yale & Towne, Inc., an Ohio Corporation

FAIRCHILD, Chief Judge.

This appeal raises questions concerning the interpretation of an exclusive sales contract and the application of the parol evidence rule and promissory estoppel. It also raises the question whether the trial judge abused his discretion by offering a remittitur and granting a new trial. Jurisdiction is founded on diversity. All parties to this appeal have accepted Illinois law as controlling.

The plaintiff, Ehret Company, acted as a manufacturer’s sales representative for the defendant, Eaton Company, in the Milwaukee and Chicago territories until the termination of their…