Klug & Smith Co. v. Sommer

The only issue on this appeal is whether the trial court erred in permitting the prevailing party, the plaintiff in this breach of contract action, to recover prejudgment interest. The plaintiff is Klug & Smith Company (K & S), a Wisconsin corporation; and the defendants are two partners, William Sommer and Richard Gebhardt, d/b/a Fair Park Ice Arena (the Arena). In June, 1973, K & S agreed to erect a building to house a skating rink at State Fair Park in West Allis, Wisconsin. The contract price agreed upon was approximately $208,000. By mutual agreement of the parties certain “extras” were…