Kraatz v. Heritage Imports

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May 15, 2003

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5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
contract
breach of contract, capitalization rate, economic damages & lost profits, employment agreement
Kraatz v. Heritage Imports
2003 UT App. 149, 2003 Utah App. LEXIS 45
US
State Court
Utah
Court of Appeals
Larry H. Miller (for Heritage)
Jackson

Summary

Issue was damages where employment agreement entitled plaintiff to 15% of the value of Heritage's stock in excess of $2.5 million, in the event of wrongful termination.

See Also

Damages Based on Inconsistent Testimony

Legal and Court Case Update
September 2003

Kraatz sued Heritage Imports for wrongful termination.