In re: American Suzuki Motor Corporation

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June 4, 2013

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5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
bankruptcy
damages, lost profits, bankruptcy, fair market value (FMV)
In re: American Suzuki Motor Corporation
2013 Bankr. LEXIS 2276
US
Federal Court
California
United States Bankruptcy Court
John W. Forehand, Joseph Roesner (dealer/complainant); Herbert Walter (debtor)
Clarkson

Summary

Bankruptcy court finds car dealer’s claim for fair market value of its franchise based on state law dealer statute is invalid under Bankruptcy Code; expert testimony only supports past lost profit damages for cars and parts and accessories in stock at tim ...
In re: American Suzuki Motor Corporation
PDF, Size: 537 KB

See Also

What ‘FMV’? Bankruptcy Court Restricts Car Dealer’s Damages

Legal and Court Case Update
September 2013

Bankruptcy court finds car dealer’s claim for fair market value of its franchise based on state law dealer statute is invalid under Bankruptcy Code; expert testimony only supports past lost profit damages for cars and parts and accessories in stock at tim ...

This article also appears in:
Business Valuation & Bankruptcy Compendium, Third Edition
The Comprehensive Guide to Economic Damages, Seventh Edition