Court Deems Future Lost Profits Formula an Exercise in Speculation

BVLaw
Court Case Digests
July 15, 2016

Access the Full Article

This article is available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (566 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
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
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

Mattress Closeout Ctr. IV, LLC v. Panera, LLC

Full Text of Court Cases
July 15, 2016

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.

Court Deems Future Lost Profits Formula an Exercise in Speculation

BVLaw Case Update
October 2016

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.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition