ALLSOP VENTURE v. MURPHY DESMOND SC

No. 2020AP806.

991 N.W.2d 320 (2023)

407 Wis.2d 387

2023 WI 43

ALLSOP VENTURE PARTNERS III, Alta V. Limited Partnership, Alta Subordinated Debt Partners III LP and State of Wisconsin Investment Board, Plaintiffs, Terry K. Shockley, Sandy K. Shockley and Shockley Holdings Limited Partnership, Inc., Intervenors-Plaintiffs-Appellants-Petitioners, Terence F. Kelly, Intervenor, v. MURPHY DESMOND SC, Robert A. Pasch and Westport Insurance Company, Defendants-Respondents.

Supreme Court of Wisconsin.

Opinion Filed: June 2, 2023.


Attorney(s) appearing for the Case

For the intervenors-plaintiffs-appellants-petitioners, there were briefs filed by Robert J. Kasieta and Kasieta Legal Group, LLC, Madison, and Scott F. Hessell , Bruce S. Sperling , Michael G. Dickler , and Sperling & Slater, P.C., Chicago. There was an oral argument by Scott F. Hessell.

For the defendants-respondents, there was a brief filed by Terry E. Johnson , Maria del Pizzo Sanders , and von Briesen & Roper, S.C., Milwaukee. There was an oral argument by Terry E. Johnson.

HAGEDORN, J., delivered the majority opinion of the Court, in which ANN WALSH BRADLEY, DALLET, and KAROFSKY, JJ., joined. ZIEGLER, C.J., filed a dissenting opinion in which ROGGENSACK and REBECCA GRASSL BRADLEY, JJ., joined.


¶1 This is a review of certain evidentiary determinations and other related issues following a jury verdict in a legal malpractice trial. This matter arose when a media company entered into a seemingly tax-friendly sale—dubbed a "midco transaction" —with the assistance of three entities: a tax law firm, an accounting...

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