Defective Lost Profits Analysis Triggers Take-Nothing Ruling

Business Valuation UpdateVol. 23 No. 8
BVLaw Case Update
August 2017
8011 Offices and Clinics of Doctors of Medicine
621112 Offices of Physicians, Mental Health Specialists
economic damages & lost profits
breach of contract, expert testimony, breach of fiduciary duty, economic damages & lost profits, interference, reasonable certainty

Horizon Health Corp. v. Acadia Healthcare Co.
2017 Tex. LEXIS 480
May 26, 2017
US
State Court
Texas
Supreme Court
Jeff Balcombe (plaintiff); unknown (defendants)
Green

Summary

High court discusses level of evidence required to establish future lost profits with “reasonable certainty”; plaintiff did not show it lost any contracts owing to defendants’ wrongdoing and failed to show profitability specific to claimed lost contracts.

See Also

Defective Lost Profits Analysis Triggers Take-Nothing Ruling

High court discusses level of evidence required to establish future lost profits with “reasonable certainty”; plaintiff did not show it lost any contracts owing to defendants’ wrongdoing and failed to show profitability specific to claimed lost contracts.