Dateline: Mon, 20 Jul 2009
freeNewsArticles Story Summary: “CHICAGO, Ill. (SEND2PRESS NEWSWIRE) — On May 28th, 2009, Judge Joan B. Gottschall of the Northern District of Illinois, Eastern Division declined to order a new trial or to reverse a $5.6 million jury verdict against Publications International of Lincolnwood, Ill. (PIL), the parent company of Consumer Guide, on a breach of contract claim brought by The Smart Marketing Group of Los Angeles, Calif. (SMG).”
A R T I C L E:
CHICAGO, Ill., July 20 (SEND2PRESS NEWSWIRE) — On May 28th, 2009, Judge Joan B. Gottschall of the Northern District of Illinois, Eastern Division declined to order a new trial or to reverse a $5.6 million jury verdict against Publications International of Lincolnwood, Ill. (PIL), the parent company of Consumer Guide, on a breach of contract claim brought by The Smart Marketing Group of Los Angeles, Calif. (SMG).
“We applaud Judge Gottschall for upholding the jury verdict in this case,” said Mike Welch, SMG’s CEO. “We were put out of business by Consumer Guide, but this proves to us that if you are in the right, and are willing to trust our legal system, then you can win if a company acts in bad faith, even a multi-billion dollar company. In this situation the jury and the judge now agree that PIL acted in bad faith in dealing with SMG.”
“We’ve never understood why they did what they did, or why they do what they do, but this is a victory not only for us, but for all of the dealers we supported, and for small business owners everywhere,” said Bill Magarity, President of SMG.
“Now we’re told that because PIL can afford to, they will continue to appeal the jury verdict. But we’ll be here, we’re not going anywhere,” said Magarity.
Consumer Guide is now marketed online by How Stuff Works, Inc., a subsidiary of Discovery Communications, New York, N.Y.
To view a copy of court case judgement (PDF) please visit: www.docstoc.com/docs/4578999/SMG_Judgement_Docket.
To view a copy of Judge Gottschall’s order (PDF) please visit: www.docstoc.com/docs/8527848/Judges-order.
To view original press release, please visit:
www.send2press.com/newswire/2009-03-0302-001.shtml.
All referenced product names, and other marks, are trademarks of their respective owners.
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Copyright © 2009 by The Smart Marketing Group, Inc. and Send2Press® Newswire, a service of Neotrope® – all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.com.
• Story Title: Consumer Guide Parent Denied New Trial, Ordered to Pay $5.6 Million
• REFERENCE KEYWORDS/TERMS: Smart Marketing Group, , , Publications International, Legal and Law, , , .
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