Cooper Distributing Co., Inc. v. Amana Refrigeration, Inc.

BVLaw
Full Text of Court Cases
June 18, 1999
5064 Electrical Appliances, Television and Radio Sets
423620 Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
contract
lost profits, expert testimony, fair market value (FMV), valuation date

Cooper Distributing Co., Inc. v. Amana Refrigeration, Inc.
180 F.3d 542,1999 U.S. App. LEXIS 13413
US
Federal Court
3rd Circuit
United States Court of Appeals
Scirica

Summary

At issue is the valuation of an appliance distributor franchise.

See Also

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.