Northeast Iowa Ethanol, L.L.C. v. Global Syndicate International, Inc.

Following a bench trial, Jerry Drizin appeals the district court’s 1 order and judgment in favor of Northeast Iowa Ethanol, L.L.C. (NIE), holding him liable for $3.8 million in compensatory damages and $7.6 million in punitive damages for misappropriating funds. Having carefully reviewed the parties’ arguments and the record on appeal, we affirm.

To begin, we hold that the court did not err in exercising personal jurisdiction over Drizin. See Bowman v. Koch Transfer Co., 862 F.2d 1257, 1258 (6th Cir.1988) (by answering complaint, defendants waived any personal jurisdiction defense); Gilmore v.…