Grove Holding v. First Wisconsin Nat. Bank of Sheboygan

DECISION AND ORDER

WARREN, District Judge.

Now before the Court are two post-trial motions filed by defendant: a Motion for Judgment as a Matter of Law Under Rule 50(b) and a Rule 59 Motion for a New Trial. For the reasons that follow, both motions are denied.

This case arises out of several transactions culminating in the sale of the Kasson cheese manufacturing company to plaintiff Grove Holding. The individual plaintiffs owned shares in Grove Holding and guaranteed some of Grove Holding’s debts with defendant Firstar. Stated in simplified terms, the plaintiffs’ complaint alleged that…