Story Parchment Co. v. Patterson Parchment Paper Co.
United States Supreme Court
282 U.S. 555 (1931)

- Written by Emily Laird, JD
Facts
Story Parchment Co. (Story) (plaintiff) sued Paterson Parchment Paper Co. and other parchment companies (collectively, Story’s competitors) (defendants) under the Sherman Antitrust Act, alleging a conspiracy to monopolize interstate trade and commerce in vegetable parchment, a conspiracy that destroyed Story’s business. The jury returned a verdict in favor of Story, but it found in the alternative for Story’s competitors “if, as a matter of law, [Story] is not entitled to a verdict." The district court approved the jury’s verdict in favor of Story and entered judgment for Story. Story’s competitors appealed to the appellate court, which vacated the district court’s judgment and remanded the case to the district court. The appellate court directed the district court to enter judgment for Story’s competitors, holding the verdict was unwarranted because it provided recovery for damages that were uncertain as to the total amount. The court held that because Story did not prove the value of monetary damages it claimed to have suffered, Story did not meet its burden of proving it suffered damages for which it could recover.
Rule of Law
Issue
Holding and Reasoning (Sutherland, J.)
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