Damages – Court Error

By: Derek Hawkins//November 14, 2016//

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WI Court of Appeals – District III

Case Name: Marilyn Starstead v. Steven W. Schmidt, et al

Case No. 2015AP555

Officials: Stark, P.J., Hruz and Seidl, JJ.

Focus: Damages – Court Error

Steven Schmidt d/b/a Schmidt Consulting LLC, Safe Money Solutions, LLC, and Schmidt Wealth Management LLC (collectively, Schmidt) appeal a judgment entered after a court trial determined that Schmidt defrauded Marilyn Starstead (Starstead). The judgment awarded Starstead compensatory damages of $223,550.75 and punitive damages of $200,000. Schmidt contends the circuit court lacked personal jurisdiction over him, the compensatory damages were excessive, and the court erroneously exercised its discretion in awarding punitive damages. We reject Schmidt’s arguments and affirm the judgment.

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Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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