Beijing Tong Ren Tang (USA) Corp. v. TRT USA Corporation et al.

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November 23, 2011

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Beijing Tong Ren Tang (USA) Corp. v. TRT USA Corporation et al.
2011 U.S. Dist. LEXIS 135417
US
Federal Court
California
United States District Court
Victor Republicano
Whyte

Summary

Court vacates over $2 million in lost profits for new venture, finding the damages expert relied solely on “grandiose” and unrealistic business plans.
Beijing Tong Ren Tang (USA) Corp. v. TRT USA Corp.
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See Also

Lost Profits Expert Relied Solely on New Business Plan

Legal and Court Case Update
February 2012

Court vacates over $2 million in lost profits for new venture, finding the damages expert relied solely on “grandiose” and unrealistic business plans.

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