Joe W. King, Jr. v. General Motors Corporation

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December 22, 2005

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economic damages & lost profits
Joe W. King, Jr. v. General Motors Corporation
No. M2004-00616-COA-R3-CV (Tenn. App. 2005)
US
State Court
Tennessee
Court of Appeals
Jonathan Cole, Julie A. LaBunski, Philip L. Harris, Stephen C. Knight
James J. Bruess <br>
Highers

Summary

The Tennessee Court of Appeals determined that an award of lost future earnings as a component of personal injury damages could not be based on the lost business profits of the injured party’s sole proprietorship when the business’ operating history indicates losses and when it lacks in-place contracts.
Joe W. King, Jr. v. General Motors Corporation
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See Also

Lost Future Earnings of Sole Proprietor Are Not Established Where Business Lacks Profit History

Legal and Court Case Update
December 22, 2005

The Tennessee Court of Appeals determined that an award of lost future earnings as a component of personal injury damages could not be based on the lost business profits of the injured party’s sole proprietorship when the business’s operating history indicates losses and when it lacks in-place contracts.