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Limited Liability – Economic Loss doctrine – Sufficiency of Evidence

By: Derek Hawkins//February 28, 2017//

Limited Liability – Economic Loss doctrine – Sufficiency of Evidence

By: Derek Hawkins//February 28, 2017//

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WI Court of Appeals – District II

Case Name: MH Imaging, LLC v. K&K Holdings, LLC

Case No.: 2015AP2552

Officials: Reilly, P.J., Gundrum and Hagedorn, JJ.

Focus: Limited Liability – Economic Loss doctrine – Sufficiency of Evidence

Frank Kaldis appeals from a judgment entered in favor of MH Imaging, LLC, following a dispute over a lease for commercial space. He contends that (1) he was immune from liability due to his membership in a limited liability company (LLC); (2) the economic loss doctrine barred MH’s claims against him; (3) there could be no liability for misrepresentation under WIS. STAT. § 100.18 (2015-16),  as that statute did not apply to the facts of the case; (4) there was insufficient evidence to support the jury’s verdict; and (5) he is entitled to a new trial in the interests of justice. We disagree and affirm.

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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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