In a Primarily Procedural Ruling, the Michigan Court of Appeals Affirms a Damages Award Including Goodwill

BVLaw
Court Case Digests
December 21, 2021
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
economic damages & lost profits
damages, goodwill, breach of contract, indemnification/contribution

Sherman v. Sherrod
2021 Mich. App. LEXIS 7197; 2021 WL 6065322
US
State Court
Michigan
Court of Appeals
K. F. Kelly, P.J., and Jansen and Rick, JJ

Summary

In this primarily procedural ruling, the Michigan Court of Appeals affirmed judgment from a lower court awarding damages, including goodwill, for breach of contract arising from a sale of a medical practice, including goodwill. The plaintiffs claimed that the defendants’ failure to comply with the transfer assistant clauses in the sale contract destroyed the practice goodwill, among other things.

See Also

Sherman v. Sherrod

In this primarily procedural ruling, the Michigan Court of Appeals affirmed judgment from a lower court awarding damages, including goodwill, for breach of contract arising from a sale of a medical practice, including goodwill. The plaintiffs claimed that the defendants’ failure to comply with the transfer assistant clauses in the sale contract destroyed the practice goodwill, among other things.