Court Deems Future Lost Profits Formula an Exercise in Speculation

Business Valuation UpdateVol. 22 No. 10
BVLaw Case Update
October 2016
5712 Furniture Stores
442110 Furniture Stores
economic damages & lost profits
expert testimony, deposition, remedy

Mattress Closeout Ctr. IV, LLC v. Panera, LLC
2016 U.S. Dist. LEXIS 91881
July 15, 2016
US
Federal Court
Michigan
United States District Court
John Zerbo (plaintiff); unknown (defendant)
Rosen

Summary

Court rejects lost profits projections based on expert’s unique formula finding calculation was based on “questionable” assumptions; court also finds no “hard” evidence that damage from defendant’s conduct had long-term effect on plaintiff’s customers.

See Also

Court Deems Future Lost Profits Formula an Exercise in Speculation

Court rejects lost profits projections based on expert’s unique formula finding calculation was based on “questionable” assumptions; court also finds no “hard” evidence that damage from defendant’s conduct had long-term effect on plaintiff’s customers.