Wassenaar v. Panos
Wisconsin Supreme Court
221 N.W.2d 357 (1983)
Donald Wassenaar (plaintiff) became manager of the Towne Hotel under an employment agreement with Theanne Panos (defendant). The agreement provided that Wassenaar’s termination without cause would entitle him to stipulated damages equal to his salary for the remainder of the contract term. Wassenaar was terminated from his job 21 months shy of the contract term. He found a job at another hotel within three months, but it was not revealed in what capacity or at what salary. Wassenaar sued Panos. At the time of trial three years later, Wassenaar was still working in the position he took after leaving the Towne Hotel. Wassenaar prevailed at trial and was awarded $24,640, which amounted to 21 months of his Towne Hotel salary, i.e., the damages stipulated by the contract. Panos appealed, and the appellate court reversed the damages award. Wassenaar appealed.
Rule of Law
Holding and Reasoning (Abrahamson, J.)
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