Harrison Mfg., LLC v. JMG Mfg., Inc.

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April 25, 2014

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2511 Wood Household Furniture, Except Upholstered
337122 Nonupholstered Wood Household Furniture Manufacturing
tort
lost profits, expert testimony, cash flow, discount, lost business value
Harrison Mfg., LLC v. JMG Mfg., Inc.
2014 U.S. Dist. LEXIS 57782
US
Federal Court
Indiana
United States District Court
David A. Parks (plaintiff); unknown (defendant)
Walton-Pratt

Summary

In negligent misrepresentation suit arising out of plaintiff’s loss of business, court allows damages calculation that “identifies” lost profits, viewing lost profits as “a subset” of the total damages, not an additional amount.
Harrison Mfg, LLC v. JMG Mfg., Inc
PDF, Size: 70 KB

See Also

Do Lost Profits Represent Diminished Value or Double Recovery?

Legal and Court Case Update
August 2014

In negligent misrepresentation suit arising out of plaintiff’s loss of business, court allows damages calculation that “identifies” lost profits, viewing lost profits as “a subset” of the total damages, not an additional amount.

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