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ZARETSKY v. MOLECULAR BIOSYSTEMS, INC.

No. C4-90-1136.

464 N.W.2d 546 (1990)

David ZARETSKY, Appellant, Milton Cohen, Plaintiff, v. MOLECULAR BIOSYSTEMS, INC., f/k/a Kendrew Biosystems, Inc., et al., Respondents.

Court of Appeals of Minnesota.

December 31, 1990.

Attorney(s) appearing for the Case

Michael L. Martinez, Richard G. Spicer, Spicer, Watson & Carp, Minneapolis, for appellant, plaintiff.

Jeffrey R. Schmidt, Eric J. Magnuson, Amy Kay Adams, Rider, Bennett, Egan & Arundel, Minneapolis, for respondents.

Considered and decided by HUSPENI, P.J., and DAVIES and NIERENGARTEN, JJ.

OPINION

DAVIES, Judge.

The issue raised on appeal is whether prejudgment interest was properly calculated under Minnesota (forum) law, even though New York law was followed in determining the substantive right of recovery. We affirm the use of forum law.

FACTS

The parties disputed the compensation to be paid David Zaretsky and Milton Cohen for their efforts to locate start-up financing for respondent Molecular Biosystems, Inc. The trial...

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