Stacy Smith v. Michael Hensel

── Stacy Smith v. Michael Hensel ── Case No.: 22A-PL-01643 Court: Indiana Court of Appeals Date: March 13, 2023 Author: Judge Paul Mathias County of Origin: Shelby Category: Civil Decision: Reversed and Remanded Judge Bradford and Judge Kenworthy concur Hensel is the sole member of Hensel Construction, LLC. Hensel’s company is in the masonry business. In 2015, Hensel sought capital to grow his company. Smith was interested in providing a short-term investment without becoming a member, and Hensel agreed to accept Smith’s investment and “repay [Smith] on terms that will allow [Hensel] to retain control of [the c]ompany without outside influence.” Appellant’s App. Vol. 2, p. 9. Accordingly, on June 18, 2015, Smith and Hensel entered into a written investment agreement.