Judge Sykes in the Curriculum—Contracts
The summer 2026 issue of the Marquette Lawyer magazine has a number of entries concerning the Hon. Diane S. Sykes, L’84, including a set of one-page essays by seven different faculty on how their Marquette Law School courses draw on her writings as a judge of the U.S. Court of Appeals for the Seventh Circuit since 2004 or as a justice of the Wisconsin Supreme Court between 1999 and 2004. This is the fourth of the seven essays. The illustration of the faculty member, taken from the magazine and appearing here with the blog post, is by John Jay Cabuay.
In Contracts, a required first-year course each fall, we use one opinion by Judge Diane Sykes. And this past year, a second of the judge’s opinions shaped my final exam.
The case we study together is Karma International, LLC v. Indianapolis Motor Speedway, LLC, a 2019 Seventh Circuit decision. The opening line draws us in: “The Indianapolis 500 race has been a fixture of American life since 1911, interrupted only by world war.” Judge Sykes wrote the opinion addressing mutual breach claims between an event-planning company (a licensee of Maxim, the men’s magazine) and the Indianapolis Motor Speedway over a disappointing party at the race’s historic 100th running.
We use the case to learn the requirement that contract damages cannot rest on speculation. The court of appeals affirmed summary judgment against Karma on its claim because its damages theory was “entirely speculative,” emphasizing that “a factfinder may not award damages on the mere basis of conjecture or speculation.” The facts make the principle memorable: although 1,787 guests attended Karma’s event, the company had sold only 92 full-price tickets. Most importantly, it could not provide concrete evidence how greater promotional efforts by the speedway would have caused more tickets to be sold or yielded more revenue. Students can grasp quickly why the law demands more than hopeful arithmetic.


