Loss of Value Damages Do Not Require Showing of Complete Destruction

Business Valuation UpdateVol. 23 No. 12
BVLaw Case Update
December 2017

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4731 Arrangement of Transportation of Freight and Cargo
488510 Freight Transportation Arrangement
economic damages & lost profits
lost profits, expert testimony, causation, lost business value, destruction of business method
West Plains, LLC v. Retzlaff Grain Co. (I)
2016 U.S. Dist. LEXIS 86344
May 9, 2016
US
Federal Court
Nebraska
United States District Court
William Kenedy (plaintiff/appellee); none (defendants)
Camp

Summary

In tortious interference with business relations case, 8th Circuit says district court did not err when it allowed plaintiff’s expert to testify to total loss of value where company was not completely destroyed but harmed; damages award was not excessive.

See Also

Loss of Value Damages Does Not Require Showing of Complete Destruction

Court Case Digests
May 9, 2016

In tortious interference with business relations case, trial court rejects post-trial attack, finding sufficient evidence to support jury award to plaintiff, including expert testimony about total loss of value to company based on defendants’ misconduct.