Shrout v. Thorsen
Supreme Court of Alabama
1Opinion of the Court
This appeal is from a judgment entered in the Circuit Court of Montgomery County, Alabama. The trial court, pursuant to a jury verdict, ordered that the defendants, Clayton Shrout and others, pay the plaintiff, Dr. Bobby Thorsen, $40,000.00 compensatory damages and $3,000,000.00 punitive damages as a result of the defendants' attempt to defraud Thorsen in a loan-investment sham. We affirm.
The facts of this case are as follows:
Appellee, Dr. Bobby Thorsen, gave up the active practice of dentistry in the fall of 1981 to invest in warehouse and condominium development in Texas. Thorsen contacted…
2Cases cited8 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Calder v. JonesSupreme Court of the United States · 1984
- Milliken v. MeyerSupreme Court of the United States · 1941
- Shaffer v. HeitnerSupreme Court of the United States · 1977
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3Cited by29 opinions
- Duke v. YoungSupreme Court of Alabama · 1986
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- Ruiz De Molina v. Merritt & Furman Insurance AgencyCourt of Appeals for the Eleventh Circuit · 2000
- Dillon Equities v. Palmer & Cay, Inc.Supreme Court of Alabama · 1986
- Keelean v. Central Bank of the SouthSupreme Court of Alabama · 1989
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