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Kaloti Enterprises

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eBook details

  • Title: Kaloti Enterprises
  • Author : State of Wisconsin in Supreme Court
  • Release Date : January 08, 2005
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 90 KB

Description

¶1 On certification from the court of appeals, we review a decision of the circuit court for Waukesha County dismissing an amended complaint filed by petitioner, Kaloti Enterprises, Inc. (Kaloti), against respondents, Kellogg Sales Company (Kellogg) and Geraci & Associates, Inc. (Geraci), for failure to state a claim. The court of appeals certified two questions that can be summarized as follows: (1) whether a duty to disclose facts arises between sophisticated parties to a commercial transaction where the parties have an established practice of doing business and the facts are material to a change in that practice of doing business; (2) whether Kaloti's intentional misrepresentation claim is barred by the economic loss doctrine.


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