Summary
The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.
Business Machines Sales and Service, Inc. v. Robert E. Murphy
PDF, Size: 37 KB
See Also
National Average Wage Growth Statistic Inappropriate Proxy for Growth in Net Gross Profits in Particular Industry in Particular Region
The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.