Celebrity Cruises, Inc. v. Essef Corp. (I)

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January 17, 2007
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economic damages & lost profits
damages, lost profits, yardstick analysis

Celebrity Cruises, Inc. v. Essef Corp. (I)
2007 U.S. Dist. LEXIS 3653
US
Federal Court
New York
United States District Court
Robert Schweihs (plaintiff); Frederick Dunbar (defendants)
Francis

Summary

Court vacates $190 million lost profits/lost enterprise value award based on flawed comparables and financial analysis.
Celebrity Cruises, Inc. v. Essef Corp. (I)
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See Also

Court Reverses $190 Million Damages Award, Finding Faulty Valuation ‘Yardstick’

Court vacates $190 million lost profits/lost enterprise value award based on flawed comparables and financial analysis.