OTHER NEWS - Oct. 20, 1995
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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. The jury also found that Daewoo America’s conduct was “oppressive, malicious or fraudulent,” giving rise to punitive damages. The jury will hear evidence today on punitive damages and determine the amount owed.
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