ORDER AND JUDGMENT
Counter-Claimants-Appellants and Cross-Appellees Professional Staff Leasing Corporation and Bala Ramamoorthy (collectively “ProLease”) appeal from a final judgment entered on a jury verdict in favor of Plaintiff-Counter-Defendant-Ap-pellee and Cross-Appellant The Personnel Department, Inc. (“PDI”) on its claim of tortious interference with prospective busi
BACKGROUND
ProLease, a Maryland corporation, and PDI, a corporation organized under the laws of Indiana with its principal place of business in Colorado, are professional employer organizations that provide employee-related services for outside businesses. In January 1999, the parties began negotiating for ProLease’s purchase of PDI. Both PDI’s principal, Barry Farah, and ProLease’s principal, Bala Ramamoorthy, executed a Letter of Intent (“LOI”) by which ProLease agreed to purchase PDFs assets. ProLease insisted on a provision that stated “[sjhould thе parties not agree upon the terms of a formal purchase contract, this letter shall be null and void and the Deposit shall be returned to the Purchaser.” ApltApp. at 766; Aplee. Supp. App. at 567. PDI proposed that ProLease deposit earnest money because, in agreeing to negotiate with ProLease, it was forced to forego other opportunities for a sale. Correspondingly, PDI agreed not to entertain other offers or enter other contracts pending efforts to reach a final contract with ProLease. Finally, the LOI provided “[bjoth parties will engage in a ‘best efforts’ attempt to finalize the document by February 1, 1999.” ApltApp. at 769.
When the parties executed the LOI, several terms remained unresolved. For example, prior to the LOI’s execution, Mr. Farah indicated to Mr. Ramamoorthy that he was concerned that ProLease provide sufficient security or collateral for the $2.5 million promissory note that would fund a portion of the purchase price. However, the LOI did not address the issue. Additionally, during negotiations for the anticipated purchase contract, the parties аgreed to a lower purchase price. The LOI did not preclude the parties from adding or renegotiating terms.
On February 1, 1999, PDI informed Pro-Lease that it considered a January 28 Pro-Lease draft agreement deficient. Although the LOI expressly provided that ProLease could only conduct its due diligence after the execution of a formal purchase contract, PDI nonetheless agreed to allow ProLease to conduct its due diligence on February 2, 1999. PDI encouraged ProLease to produce a revised draft contract during its due diligence visit so that the parties could enter a formal purchase agreement by February 5,1999.
On February 8, 1999, ProLease sent a second draft proposed purchase agreement, which did not address the collateral/security issue. In a letter dated February 11, 1999, ProLease threatened to “commence appropriate legal action” if PDI did not execute the proposed purchase contract. ApltApp. at 825. PDI’s counsel subsequently communicated his belief that the facts did not support a legal cause of action and noted that threatening legal action was not conducive to continued negotiations. On February 13, 1999, Mr. Farah informed Mr. Ramamoorthy how important the collateral/security issue was to him and noted that threats of future legal action eroded his confidence in the process. Although Mr. Ramamoorthy later refused to characterize his statement as a threat, he conceded that he told Mr. Farah that he would seek relief in court if the parties could not reach an agreement.
On February 18, 1999, when yet another revised draft did not address the collateral/security issue to PDFs satisfaction, Mr. Farah opted to end negotiations. In early March 1999, Mr. Farah told Mr. Rama-moorthy that PDI was still for sale for cash. Mr. Ramamoorthy apparently responded that, rather than pay cash, he
As a result of the failed negotiations, ProLease sued PDI for breach of contract in the United States District Court for the District of Maryland. Mr. Ramamoorthy authorized the filing of the complaint, but acknowledged that he did not know or attempt to discover Maryland law prior to filing. On April 13, 1999, ProLease sent a letter “eaution[ing] Mr. Farah against making any attempts to sell the business while this litigation is ongoing....” Aplee. Supp.App. at 1317. Mr. Ramamoorthy admitted he knew that others were interested in purchasing PDI and that any due diligence search would reveal the pending litigation.
In April 1999, PDI entered into negotiations with Global Employment Solutions, Inc. (“Global”). It had fully disclosed the pending ProLease litigation to Global. However, by letter dated August 16, 1999, Global stated that it was unable to continue negotiations “in the face of the pending litigation filed by Professional Staff Leasing Corporation.” Aplee. Supp.App. at 1501. Global further stated, however, that “[sjhould this litigation be resolved in a favorable manner to TPD [i.e., PDI] in the near future, Global is extremely interested in renewing negotiations with TPD.... Kindly keep us informed as to the status of this litigation .... we would welcome the opportunity to explore renewing negotiations.” Id. Two days later PDI informed ProLease that its lawsuit was interfering with PDFs ability to sell to a willing buyer on August 27, 1999. It warned that, unless ProLease dismissed its case by August 24, 1999, PDI would file a counterclaim for interference.
ProLease did not dismiss its case and, as promised, PDI filed its counterclaim. PDI then moved for summary judgment on ProLease’s breach of contract claim. While PDFs motion was pending, PDI entered into negotiatiоns with Church Extension of the Church of God (“Church Extension”) which culminated in the February 28, 2000 sale of PDFs Indiana operations. PDI claimed it was forced to sell its Indiana operations for less favorable terms than those offered by Global. Additionally, after paying approximately $850,000, Church Extension defaulted. Testimony at trial established that the value of the lost Global sale was at least $2,578,000.
The Maryland district court granted PDI’s motion for summary judgment on ProLease’s breach of contract action on February 14, 2000, and transferred the case — with only the counterclaim for tor-tious interference pending — to the United States District Court for the District of Colorado. ProLease subsequently sought reconsideration of the Maryland district court’s order granting PDI summary judgment on the breach of contract claim. The Colorado distinct court declined to revisit the issue.
On August 23, 2005, after a seven day trial, the jury returned a verdict in PDI’s favor. ProLease timely filed a motion for judgment as a matter of law, contending that the evidence was insufficient to support the jury’s verdict that it intentionally interfered with PDFs prospective business relations and that the evidence unequivocally demonstrated that its interferеnce was privileged. The district court denied the motion.
ProLease also filed a motion for a new trial or remittitur, claiming that the jury’s verdict was against the clear weight of the evidence and that the court had committed procedural violations entitling it to a new trial. The district court similarly rejected ProLease’s new trial motion. ProLease timely filed its notice of appeal.
On August 26, 2005, PDI moved to amend the judgment to include prejudgment interest. By a January 23, 2006
DISCUSSION
I. ProLease’s Appeal
A. Denial of Motion for Judgment as a Matter of Law
ProLease claims that the district court erred in denying its motion for judgment as a matter of law. We review a district court’s disposition of a motion for judgment as a matter of law de novo, applying the same standard as the district court. Harsco Corp. v. Renner, 475 F.3d 1179, 1185 (10th Cir.2007). A judgment as a matter of law is warranted “only if the evidence points but one way and is susceptible to no reasonable inferences supporting the party opposing the motion.” Id. (citing Vining v. Enter. Fin. Group, Inc.,
ProLease first argues that Colorado law required PDI to establish that ProLease had knowledge of the particular relationship with which it allegedly interfered, and since there is no evidence that ProLease had this knowledge, the verdict and judgment cannot stand. We disagree.
1. Tortious Interference
Colorado has adopted the Restatement (Second) of Torts § 766B (1979) formulation of the intentional interference tort.
Contrary to ProLease’s position, several Colorado courts have held that, in a tortious interference with prospective business relations case, it is “not necessary that [thе plaintiff] identify a specific customer relationship or a specific customer” with whom he or she had a prospective relationship. Ervin v. Amoco Oil Co.,
Finally, ProLease’s reliance on Seidl v. Greentree Mortgage Co.,
We are convinced that Colorado law does not require a tortious interference with prospective business relations plaintiff to prove that the defendant had knowledge of a specific potential purchaser. Thus, we conclude that PDI was not required to establish that ProLease knew that Global intended to purchase its assets. Accordingly, we uphold the district court’s denial of ProLease’s motion of judgment as a matter of law.
2. First Amendment Immunity
ProLease also claims that the First Amendment shields it from liability for its tortious interfеrence. We have recognized that the First Amendment shields from liability those who petition the government by invoking judicial process. See Scott v. Hern,
Yet, as we acknowledged in Cardtoons, L. C.,
Accordingly, ProLease was entitled to plead and prove that it was immune from liability under the First Amendment for its tortious interference. Here, ProLease challenges the district court’s denial of its summary judgment motion on its First Amendment immunity defense, arguing that the district court, not the jury, should have decided the issue. ProLease further suggests that the district court erred because the Restatement (Second) of Torts § 773’s legally protected interest privilege does not adequately protect its First Amendment right to petition. Acknowledging that it did not raise the issue in its motion filed pursuant to Fed.R.Civ.P. 50(a), ProLease nonetheless contends that because the district court’s denial of summary judgment was based on an erroneous interpretation of a pure legal question, it was not required to raise the issue in its Rule 50 motion.
We hold that because questions of material fact merited a decision by the fact finder, the district court did not err in denying ProLease’s summary judgment motion. Therefore, to the extent that Pro-Lease contests the district court’s resolution of its summary judgment motion, its failure to raise the issue in its Rule 50(a) motion is fatal to its appeal.
a. Question of Law or Fact
In denying ProLease’s motion, the district court recognized that ProLease could avail itself of “the Noerr-Pennington immunity defense,” but found that issues of material fact precluded summary judgment on whether ProLease’s claim was objectively reasonable. Aplt.App. at 517. On appeal, ProLease argues not that the district court must act as a fact finder if factual disputes exist, but that the issue of First Amendment immunity is one of law which must be determined by the district court in every case. ProLease contends that to decide the question of whether ProLease’s breach of contract action was objectively reasonable, the district court was required to ascertain only whether the claim had a reasonable factual basis. Accordingly, reasons ProLease, the existence
Supreme Court precedent clearly contemplates that when genuine issues of material fact exist regarding a defendant’s probable cause to institute the underlying lawsuit, summary judgment on Noerr— Pennington immunity is improper. In Professional Real Estate Investors, Inc. v. Columbia Pictures Industries, Inc.,
Analogizing to the common law tort of malicious prosecution, the PRE Court determined that the concept of probable cause is central to the objective-baselessness inquiry. Id. at 62-63,
Only “[wjhere ... there is no dispute over the predicate facts of the underlying legal proceeding,” may a court “decide probable cause as a matter of law.” PRE,
As the eases cited in PRE emphasize, the existence of probable cause is often a question of fact. See Director Gen. of
Nothing in PRE compels us to overrule the venerable principle that juries, not judges, decide disputed questions of fact even when First Amendment immunity is at issue. See Brunell, supra, at 35 (“[T]he probable cause determination is often not appropriate for summary disposition .... When there is a dispute as to the underlying facts ... the question of probable cause must be submitted to the jury with appropriate instructions.”); cf. Byrd v. Blue Ridge Rural Elec. Co-op., Inc.,
Most significantly, the parties disputed what Mr. Ramamoorthy knew or reasonably believed about the facts underlying ProLease’s breach of contract action when he authorized its filing. For instance, an essential theme of ProLease’s breach of contract action was that the LOI contained all of the essential terms of the agreement. Nonetheless, the jury could have viewed Mr. Ramamoorthy’s testimony that the parties orally modified the LOI after they executed it as contradicting his claim that ProLease knew or realistically could have expected a finding that the LOI contained all of the essential terms of the parties’ agreement. Similarly, Mr. Ramamoorthy testified that Mr. Farah insisted on a binding LOI out of concern that ProLease could renege on its promise to purchase PDI. Mr. Farah denied that he told Pro-Lease that he wanted a binding LOI. It is arguable, then, that Mr. Ramamoorthy either knew or should have known that no court could find that the parties intended to execute a binding LOI, and, consequently, ProLease could not succeed on its breach of contract action. Finally, Mr. Ramamoorthy agreed that he made no effort to ascertain the law relating to letters of intent prior to filing his breach of contract action. PDI claimed that any reasonable litigant having reviewed Maryland law pertaining to letters of intent would not have brought a breach of contract ac
Whether ProLease’s breach of contract action was objectively reasonable depends on Mr. Ramamoorthy’s understanding of the facts surrounding the LOI’s execution and the failed negotiations for a purchase contract. The parties presented starkly different versions of these events. Thus, the question of whether the breach of contract action had merit depends in part on the truth or falsity of Mr. Ramamoorthy’s testimony. His testimony, if believed, could certainly establish that ProLease’s breach of contract action had merit. However, discounting his testimony, no reasonable litigant could believe that the facts supported a cause of action.
Because a jury gauging Mr. Ramamoor-thy’s credibility could infer that he either knew or should have known that his suit was baseless or that it had no chance of success on the merits, the district court did not err in determining that it could not decide the First Amendment immunity issuе as a matter of law. Consequently, if ProLease intended to challenge the district court’s rejection of the issue that it raised in its motion for summary judgment, Pro-Lease was required to raise the issue in its Rule 50(a) motion.
b. Failure to Adopt ProLease’s Proposed Legal Framework
ProLease argues that the district court compounded its legal error in denying summary judgment by rejecting Pro-Lease’s proposed Noerr-Pennington-like defense in favor of the common law legally protected interest privilege. As we have determined, however, the district court committed no error in denying ProLease’s motion for summary judgment. Moreover, the record is clear that ProLease did not object to the district court’s ultimate rejection of its formulation of a First Amendment immunity defense. Therefore, we conclude that it waived review of the issue, and we decline to address it.
In denying ProLease’s motion for summary judgment on its Noerr-Pennington defense, the district court initially agreed that the defense, as described by Pro-Lease, could apply. Over a year later, however, the district court issued a Januaiy 2005 order stating, “(a) there is no cognizable Noerr-Pennington defense in this case and the jury will not be instructed on such a defense; (b) the generalized and qualified right to petition the courts will be аddressed in the form of an instruction on a qualified and affirmative defense of privilege....” Aplt.App. at 623.
ProLease contends that the district court’s order amounted to rejection of its entitlement to First Amendment immunity. We conclude instead that the district court effectively determined that Pro-Lease’s claimed immunity was adequately secured by the Restatement (Second) of Torts § 773’s legally protected interest privilege.
We recognize that on appeal ProLease vigorously disagrees with that conclusion. More specifically, ProLease underscores that it does not take exception to the content per se of the court’s legally protected interest instruction — that is, it does not maintain that the instruction is an incorrect expression of the legally protected interest privilege. Rather, says ProLease, its argument is that the legally protected interest standard was inappropriate and inadequate to protect its First Amendment rights, and, consequently, an instruction concerning it should not have been given to the jury in any form.
We glean from the district court’s remarks that ProLease’s proposed jury instructions put at issue the use of the sham litigation standard.
Pursuant to Fed.R.Civ.P. 51(c)(1), “[a] party who objects to ... the failure to give an instruction must do so on the record, stating distinctly the matter objected to and the grounds of the objection.” See also Giron v. Corr. Corp. of Am.,
ProLease • does not demonstrate that the circumstances here are so exceptional as to require reversal in the absence of an objection. We note that ProLease had ample opportunity in the six month period following the district court’s January 2005 order to address this issue. Moreover, ProLease has not argued on appeal that the district court committed manifest error in determining either that the legally protected interest privilege adequately protected ProLease’s First Amendment rights or plainly erred in so instructing the jury. Though ProLease has highlighted the differences between the legally protected interest privilege and First Amendment immunity in its appellate submissions, it did not attempt to demonstrate fundamental injustice. Because ProLease “has not asked us to address this issue under the plain error standard, [ ] we decline to do so sua sponte.” United States v. Janus Indus.,
ProLease further contends that the district court erred in denying its motion for a new trial. The district court’s decision on a new trial motion is reviewed under an abuse of discretion standard. Anaeme v. Diagnostek, Inc.,
ProLease claims that it is entitled to a new trial because the district court erred in admitting into evidence
ProLease does not dispute the relevance of the documents. Instead, relying solely on Rule 403 of the Federal Rules of Evidence,
In admitting the opinions, the district court reasoned:
Now, I think that the — I have said that Judge Chasanow’s- decision was not dispositive because there might be some other reason, but it is clearly evidence that this case had no merit. And the citation of the previous case [Phoenix Mutual Life Insurance] it was one that was available to — and I don’t have to get into the issue of whether it was available to legal counsel or not, but the fact is that the parties are charged with knowing the law, and the law of that district was as set forth in that case. So whether or not Mr. Ramamoorthy didn’t know the effects of the existing law, whether he obtainеd legal advice or not is — that’s a matter for him to decide, I suppose whether he wants to or not. But if he didn’t know the effects of the law, that’s evidence of willfulness. It’s evidence of recklessness and reckless disregard, so it’s admissible. So the objections are overruled.
ApltApp. at 642-43. In abbreviated form, the district court adhered to this reasoning in rejecting ProLease’s motion for a new trial. See id. at 897 (reasoning that “[u]n-der the unique circumstances of this case, where the legal wrong at issue was the allegedly tortious threat and prosecution of the lawsuit itself’ ProLease’s challenge to the admission of the opinions was “unavailing”).
The district court’s rationale reflects a permissible exercise of its discretion. The “mindset that ProLease and Ramamoorthy had when they filed” the breach of contract action was a key issue in the case, directly relating to whether they could successfully establish that the action constituted a “bona fide” claim and that their conduct in bringing the action was privileged. Aplee. Supp.App. at 358. The opinions are significant probative evidence of that mindset because they apparently reflected the well-settled law of Maryland concerning the non-binding nature of letters of intent, and insofar as ProLease and Mr. Ramamoorthy disregarded that law it was germane to whether they possessed a “good faith” belief that they had a legally protected interest. Id.
To be sure, we have indicated that the admission into evidence of prior judgments and judicial opinions might be problematic because juries would be likely to give un
However, that is not the situation here. As noted, the opinions were expressly introduced into evidence as bearing on the mindset of ProLease and Mr. Ramamoor-thy in bringing the breach of contract action and, more specifically, on whether they recklessly disregarded established Maryland law concerning the non-binding nature of letters of intent. Judge Chasa-now’s opinion and Phoenix Mutual Life Insurance made no findings of fact concerning these key issues. In particular, Judge Chasanow’s decision simply dismissed ProLease’s action, finding that the LOI was not binding; she did not render findings concerning the mindset of Pro-Lease and its principаl, Mr. Ramamoorthy, in bringing the action. And Phoenix Mutual Life Insurance, involving unrelated litigation, certainly did not issue factual findings directly resolving matters in this case; instead, it merely spoke generally as to the state of Maryland’s law concerning the non-binding nature of letters of intent.
As for the purported “real danger” that the jury nonetheless would (erroneously) infer from these opinions that the key factual issues concerning the mindset of ProLease and Ramamoorthy had been effectively resolved by the courts against them and therefore that no further decision-making on them was needed by the jury, the court’s instructions were expressly designed to negate the materialization of that danger. The court instructed the jury:
A claim is “bona fide” if the person asserting it has, or honestly believes he has, a legally protected interest. The fact a court ultimately determined a claimed interest was not legally protected does not mean the claim was not “bona fide” under this standard. Because it has already been determined in this case that ProLease did not have a legally protected interest to purchase PDI under the Letter of Intent, your task in determining whether the claim was nevertheless “bona fide” is to assess the mindset that ProLease and Rama-moorthy had when they filed it. If you find they had an honest, or good faith, belief that they had a legally protected interest under the Letter of Intent for the purchase of PDI, then the claim was “bona fide” at the time it was filed even
Aplee. Supp.App. at 358 (emphasis added). The district court therefore expressly limited the jury’s consideration of the Maryland judicial opinions, particularly underscoring that the opinions did not control the jury’s resolution of the key factual issue of the mindset of ProLease and Mr. Ramamoorthy when they filed the breach of contract action.
Furthermore, ProLease is hard-pressed to argue here that this instruction did not adequately protect it from its feared prejudice because ProLease never offered a substitute or additional instruction channeling and limiting the jury’s consideration of the opinions. Cf. Johnson,
C. The Maryland District Court’s Summary Judgment Order
ProLease seeks appellate review of the Maryland district court’s order granting PDI’s motion for summary judgment on ProLease’s breach of contract claim. PDI filed a motion for partial dismissal of the appeal on the ground that we lack jurisdiction to review the Maryland district court’s summary judgment order. We agree.
We have no jurisdiction to review the order of the Maryland district court. McGeorge v. Cont’l Airlines, Inc.,
II. PDI’s Cross-Appeal
PDI cross-appeals, claiming that the district court erred in refusing to award it prejudgment interest pursuant to Colo. Rev.Stat. § 5-12-102(l)(b).
In denying PDI’s claim for prejudgment interest, the district cоurt noted that prejudgment interest is available in tortious interference with prospective business relations cases and that PDI preserved its right to request prejudgment interest. We agree.
Section 5-12-102 “selves to discourage delay of payment of a claim,” Colwell v. Mentzer Invs., Inc.,
“[Sjection 5-12-102 ‘is to be read broadly to cover all types of cases, even where the withholding is merely a refusal to pay over damages which are theoretically due at the time the claim arises.’ ” Mesa Sand & Gravel Co.,
We disagree with the district court, however, that PDI is not entitled to prejudgment interest in this case. PDI argues that, once the district court determined that its claim supported an award of prejudgment interest, it was without discretion to refuse to award interest. A review of relevant Colorado cases demonstrates that courts have applied section 5-12-102 in a mandatory fashion.
In Wall v. Foster Petroleum Corp.,
This mandatory application of the statute is consistent with its plain language. Section 5-12-102 provides that “creditors shall receive interest,” and that “[ijnterest shall be at the rate of eight percent ... for all moneys or the value of all property after they are wrongfully withheld or after they become due.... ” Colo.Rev.Stat. § 5-12-102 (emphasis added). If the statutory language is clear, Colorado law dictates that we apply its plain and ordinary meaning. Williams v. Kunau,
We further disagree with the district court’s holding that PDI was not entitled to prejudgment interest bеcause it failed to adduce adequate evidence to guide the court in determining when the claim for interest accrued. In “a matter of first impression,” the Colorado Supreme Court recently “s[ought] to clarify the distinction between the date a plaintiff is ‘wronged’ and the time at which a ‘wrongful withholding’ occurs, for purposes of section 5-12-102(l)(b).” Goodyear Tire & Rubber Co. v. Holmes,
Id. at 827, 829-30.
In this case, the date of “wrongful withholding” is clear. When Global walked away from the deal due to Pro-Lease’s refusal to dismiss its breach of contract action, damages for ProLease’s tortious interference with that relationship could be measured and were theoretically due. Given the nature of this case,
Therefore, we hold that PDI is entitled to prejudgment interest on $2,569,682.00— the amount of compensatory damages
CONCLUSION
For the foregoing reasons, we AFFIRM the district court’s judgment and GRANT PDI’s motion for partial dismissal for lack of appellate jurisdiction. We further REVERSE the district court’s order denying PDFs request for prejudgment interest and REMAND for further proceedings consistent with this opinion.
ORDER
This appeal and cross-appeal are before the court based on Appellee-Plaintiff The Personnel Department’s motion pursuant to Fed. R.App. P. 37(b) to reform the mandate to include instructions allowing for post-judgment interest to Plaintiff on the forthcoming award of prejudgment interest from the date of the original judgment entered by the district court on August 25, 2005. Also before the court is a timely verified bill of costs pursuant to Fed. R.App. P. 39 from Plaintiff seeking $1,284.40 for costs incurred for producing
In The Pеrsonnel Department v. Professional Staff Leasing Corp.,
Upon consideration, Plaintiffs motion to reform the mandate is GRANTED. The mandate issued November 18, 2008 is RECALLED.
Upon further consideration, Plaintiffs verified bill of costs is GRANTED for the total amount of $1,284.40. To the extent reimbursement is sought by Plaintiff for costs taxable in the district court, such as filing fees, Plaintiff may file an appropriate motion in the district court. See Fed. R.App. P. 39(e). We conclude that Plaintiff is “the party entitled to costs” within the meaning of that Rule.
This court’s October 27, 2008 Order and Judgment is amended to instruct the district court to award post-judgment interest to Plaintiff on the award of prejudgment interest from the date of the original August 25, 2005 Judgment and to award $1,284.40 in appeal-related costs to Plaintiff.
A new mandate consistent with this order shall issue forthwith.
Notes
This order and judgment is not binding precedent, except under the doctrines of law of the case, res judicata, and collateral estoppel. It may be cited, however, for its persuasive value consistent with Fed. R.App. P. 32.1 and 10th Cir. R. 32.1.
. It is undisputed that we look to Colorado for the governing law.
. Because we conclude that PDI had no legal obligation to present proof regarding Pro-Lease’s knowledge of the specific potential purchaser, we need not reach ProLease's contentions that (a) there was insufficient evidence of its knowledge of “other suitors”; and (b) it cannot be held liable for tortious interference because it did not know of the prospective contract with Global until negotiations had ceased.
. Although we may review summary judgment rulings based purely on legal questions after final judgment, we may not review denials of summary judgment based on factual disputes. See Kelley,
Because of this critical distinction ... prudent counsel will not rely on their own interpretations of whether an issue is purely a question of law or fact. Out of an abundance of caution, ... counsel should renew summary judgment grounds in a Rule 50 motion ... at the close of all the evidence, and again, ... after the jury has returned a verdict....
Wolfgang,
. One commentator has suggested that the PRE Court's reliance on the malicious prosecution analogy, and particularly the probable cause concept, imports a subjective feature into the objective-baselessness inquiry because the court is called upon to assess what the litigant actually knew or should have known, or believed to be true. See Brunell, supra, at 34-35 ("[B]y relying on the malicious prosecution analogy, the Court has incorporated an element of subjectivity into the 'objective' baselessness test.... [A]n element of subjectivity is inherent in the Court’s focus on whether ‘a reasonable litigant in the defendant’s position could realistically expect success on the merits of the challenged lawsuit."' (quoting PRE,
. As ProLease contends, the Maryland district court's grant of summary judgment in PDI’s favor is not, in and of itself, determinative. The Mаryland district court's holding cannot be interpreted as a finding that ProLease’s case was objectively baseless. Although the court found ProLease’s arguments unconvincing, it did not find them baseless.
. Generally, we do not consider issues on appeal that were not presented to the district court. Anderson v. Blake,
. ProLease did not include its proposed jury instructions in its appendices, nor were they included in the appendices of PDI. Accoi'dingly, we may only draw clues regarding the coxitents of those instructions from other pieces of the record. It was ProLease’s obligation to provide us with an adequate record for review. See Milligan-Hitt v. Board of Trustees of Sheridan County School Dist. No. 2,
. Arguably, ProLease should be categorically barred from availing itself of plain error review because (without reserving an objection concerning the sham litigation standard) it endeavored to influence the content of the court's legally protected interest instruction and proposed a version of such an instruction. Specifically, in doing so, ProLease arguably waived (as opposed to forfeited) an objection to the court's decision to give an instruction embodying the legally protected interest privilege that would have been predicated on the alleged shortcomings of that standard to protect its First Amendment rights. Cf. Aves By and Through Aves v. Shah,
. ProLease’s Rule 50(b) motion argued that its interference with PDFs prospective contracts was privileged under the legally protected interest privilege, claiming that the evidence showed that it “had good reason to believe that the Letter of Intent ... constituted a binding agreement” or, in the alternative, that the LOI "obligated the parties to negotiate the sale in good faith.” Aplt.App. at 856. However, although ProLease moved for judgment as a matter of law at the close of PDFs case-in-chief under Rule 50(a), it did not raise in this motion á sufficiency-of-the-evidence challenge concerning the legally protected interest privilege. The district court determined that ProLease’s failure to raise this issue in a Rule 50(a) motion constituted a waiver of any challenge to “the jury’s findings related to their privilege defense.”
. In considering ProLease's evidentiary objections, the district court took judicial notice of both the Maryland district court’s memorandum opinion and the case of Phoenix Mutual Life Insurance v. Shady Grove Plaza Partnership,
. The rule provides: "Although relevant, evidence may be excluded if its probative value is substantially outweighed by the danger of unfair prejudice, confusion of the issues, or misleading the jury, or by considerations of undue delay, waste of time, or needless presentation of cumulative evidence.” Fed. R.Evid. 403. Prior to trial, ProLease objected that both documents constituted inadmissible hearsay. Because ProLease does not raise
. ProLease’s additional argument that the judicial opinions were cumulative in light of the jury instructions that informed the jury that a prior determination had been made that it had no legally protected interest may be summarily rejected. As PDI rightly notes, as relevant here, Rule 403's concern is evidence that is cumulative of other evidence. See, e.g., Joseph v. Terminix Intern. Co.,
. Section 5-12-102 provides:
(1) Except as provided in section 13 — 21— 101, C.R.S., when there is no agreement as to the rate thereof, creditors shall receive interest as follows:
(a) When money or property has been wrongfully withheld, interest shall be an amount which fully recognizes the gain or benefit realized by the person withholding such money or property from tire date of the wrongful withholding to the date of payment or to the date judgment is entered, whichever first occurs; or, at the election of the claimant,
(b) Interest shall be at the rate of eight percent per annum compounded annually for all moneys or the value of all property after they are wrongfully withheld or after they become due to the date of payment or
. We find PDI's cited authority inapposite. The cases on which PDI relied to demonstrate the mandatory nature of the statute — James v. Coors Brewing Co.,
. Similar to the district court in this case, the district court in Echo Acceptance Corp. awarded less than the prejudgment interest to which the prevailing party was due because of the length of time during which prejudgment interest accrued. We rejected this approach stating “we are constrained by the statute” to award interest calculated at the statutory rate. Echo Acceptance Corp.,
. PDI maintains that it is entitled to interest calculated from the date on which ProLease filed its breach of contract action. We disagree. Even if we were to find that PDI was "wronged” when ProLease filed its action, the "wrongful withholding” undeniably occurred on August 27, 1999, which is "when [PDI’s] injury is measured.” Goodyear Tire & Rubber Co.,
. "[Pjrejudgment interest is not allowed on” punitive damages. Frontier Exploration, Inc.,
