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October 20, 1995 | Times Staff and Wire Reports
Piano Distributor Gets $3.36-Million Judgment: Former piano distributor Vernon Schafer Jr., who sued the U.S. affiliate of giant Daewoo Group for allegedly destroying his business, won the jury verdict and the right to seek more in punitive damages. An Orange County Superior Court jury found that Daewoo International (America) Corp. had defrauded Schafer and ruined his once-thriving Schafer & Sons Piano & Organ Co. in Santa Ana.
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BUSINESS
October 21, 1995 | Times Staff and Wire Reports
Piano Distributor Awarded More Damages: Former piano distributor Vernon Schafer Jr. was awarded $10 million in punitive damages by a jury, which found that the U.S. affiliate of giant Daewoo Group defrauded him and destroyed his business. A day earlier, the jury awarded Schafer $3.62 million in compensatory damages in the case, which was originally filed against Schafer by Daewoo International (America) Corp.
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BUSINESS
October 21, 1995 | JAMES S. GRANELLI, TIMES STAFF WRITER
Former piano distributor Vernon Schafer Jr. was awarded $10 million in punitive damages Friday by a jury that found the U.S. affiliate of giant Daewoo Group defrauded him and destroyed his business. A day earlier, the jury awarded Schafer $3.62 million in compensatory damages in a case that originally was filed against Schafer by Daewoo International (America) Corp. "I thought I was going to die before the verdict came in," Schafer said in an interview from his Anaheim home.
BUSINESS
October 21, 1995 | JAMES S. GRANELLI, TIMES STAFF WRITER
Former piano distributor Vernon Schafer Jr. was awarded $10 million in punitive damages Friday by a jury that found the U.S. affiliate of giant Daewoo Group defrauded him and destroyed his business. A day earlier, the jury awarded Schafer $3.62 million in compensatory damages in a case that originally was filed against Schafer by Daewoo International (America) Corp. "I thought I was going to die before the verdict came in," Schafer said in an interview from his Anaheim home.
BUSINESS
October 20, 1995 | JAMES S. GRANELLI, TIMES STAFF WRITER
Former piano distributor Vernon Schafer Jr., who sued the U.S. affiliate of giant Daewoo Group for allegedly destroying his business, won a $3.36-million jury verdict Thursday and the right to seek more in punitive damages. An Orange County Superior Court jury found that Daewoo International (America) Corp. had defrauded Schafer and ruined his once-thriving Schafer & Sons Piano and Organ Co. in Santa Ana.
BUSINESS
October 20, 1995 | JAMES S. GRANELLI, TIMES STAFF WRITER
Former piano distributor Vernon Schafer Jr., who sued the U.S. affiliate of giant Daewoo Group for allegedly destroying his business, won a $3.36-million jury verdict Thursday and the right to seek more in punitive damages. An Orange County Superior Court jury found that Daewoo International (America) Corp. had defrauded Schafer and ruined his once-thriving Schafer & Sons Piano and Organ Co. in Santa Ana.
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