ITyX Solutions AG v. Kodak Alaris, Inc., No. 19-1658 (1st Cir. 2020)
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The First Circuit affirmed the judgment of the district court against Kodak Alaris, Inc. based on the jury finding that Kodak was in breach of its contractual obligation to ITyX Solutions AG except as to the calculation of prejudgment interest, holding that the district court correctly rejected Kodak's motion for judgment as a matter of law or a new trial but that, as to the prejudgment interest award, the interest must be recalculated from a different date.
Judgment in this case was entered against Kodak in the sum of $9,211,699.20, including prejudgment interest. The district court rejected Kodak's argument that the jury must have necessarily found that it was ITyX which actually breached the contract and that ITyX had breached the covenant of good faith and fair dealing. The court further rejected Kodak's various standing and damages arguments. The First Circuit affirmed the rulings of the district court in all respects except its award of prejudgment interest on damages, and, as to that prejudgment interest award, altered the date used and remanded.
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