Legal Opinion

Shrout v. Thorsen

Supreme Court of Alabama

Decided May 10, 1985No. 83-794PublishedCited by 29 opinions

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

  1. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  2. World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
  3. Calder v. JonesSupreme Court of the United States · 1984
  4. Milliken v. MeyerSupreme Court of the United States · 1941
  5. Shaffer v. HeitnerSupreme Court of the United States · 1977

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3Cited by29 opinions

  1. Duke v. YoungSupreme Court of Alabama · 1986
  2. Bryant v. Smith Interior Design Group, Inc.Supreme Court of Missouri · 2010
  3. Ruiz De Molina v. Merritt & Furman Insurance AgencyCourt of Appeals for the Eleventh Circuit · 2000
  4. Dillon Equities v. Palmer & Cay, Inc.Supreme Court of Alabama · 1986
  5. Keelean v. Central Bank of the SouthSupreme Court of Alabama · 1989

24 more not listed; retrieve them via the Exa API.

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