Opinion ID: 2602361
Heading Depth: 3
Heading Rank: 2

Heading: Cash Call Damages

Text: ¶ 83 As noted above, the cash call did not create a legal obligation. It merely reflected Northstar's belief that such an obligation existed. This, in turn, was disputed by the MWT, Ltd., limited partners, and nothing further occurred. Accordingly, we conclude the trial court erred in allowing the jury to award MWT Corporation actual damages from Richard Wiley personally for Northstar's 1991 cash call.
¶ 84 Having determined there was no proper basis for an award of actual damages, we now address the award of punitive damages for the cash call. Under Utah law, if there are no actual damages, an award of punitive damages is improper. See Atkin Wright & Miles v. Mountain States Tel. & Tel. Co., 709 P.2d 330, 337 (Utah 1985). As there was no proper award of actual damages for the cash call, an award of punitive damages would be inappropriate.