L&MC Racing v. Cook CA4/3
Motorcycle racer Jeremy McGrath and his racing team, L&MC Racing, LLC, obtained a judgment against Matt Cook, after Cook backed out of sponsoring L&MC’s 2012 racing season. The jury found that Cook breached his agreement with L&MC, awarding it damages at over $425,000 as a result. The jury also found Cook defrauded McGrath and concealed information from him, which caused McGrath harm. Although the jury awarded no separate measure of compensatory damages to McGrath for the fraud and concealment, it did award him punitive damages in a separate phase of the trial.
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