At issue is the valuation of an appliance distributor franchise.
Value of a Business Must Be Objectively Determined; Lost Profits May Be Included in Fair Market Value
Amana Refrigeration terminated its distribution relationship with Cooper Distributing for reasons other than unsatisfactory performance on Cooper's part.
Valuation Date Does Not Reflect All Lost Profits
The U.S. Court of Appeals for the 3rd Circuit considered the district court's damage award in termination of franchise matter.