Breach of Contract – Consideration

By: Derek Hawkins//March 14, 2017//

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WI Court of Appeals – District IV

Case Name: Rory J.D. Hart, et al v. ASFFH Corp. et al

Case No.: 2015AP2365

Officials: Brennan, P.J., Kessler and Brash, JJ

Focus: Breach of Contract – Consideration

Rory J. D. Hart initiated an action for breach of contract against ASFFH Corp. and Ted Derynda. Robert J. Adams also commenced an action against ASFFH Corp. and Derynda. The circuit court consolidated the two cases. After a trial to the court, the circuit court ruled in favor of Hart and Adams. On appeal, Derynda argues that the promissory notes are not binding contracts because there was no legally sufficient consideration. We 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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