Medstrategies Consulting Group, Ltd. v. Schmiege

Plaintiffs Medstrategies Consulting Group, Ltd., Steven D. Bush, and Nicholas Loise sued defendants David E Schmiege, Medstrategies, Inc., and Medstrategies Management Group, Ltd., with respect to Schmiege’s dealings with Medstrategies Consulting Group, Ltd. The parties ultimately entered into a settlement agreement and mutual general release (the Agreement), which provided that Schmiege would make 60 monthly payments of $416.66 to Bush, totaling $25,000. The Agreement further provided that, if Schmiege failed to make a timely payment and failed to cure his default within 10 days of notice…