Lane v. Lampkin (I)

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September 16, 2014

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economic damages & lost profits
damages, lost profits, expert testimony, breach of fiduciary duty, conflict of interest, evidence, rule 702, accounting, lost income, net book value
Lane v. Lampkin (I)
2014 Miss. App. LEXIS 497
US
State Court
Mississippi
Court of Appeals
James Koerber (estate/appellant); Brent Saunders (surviving shareholder/appellee)
Carlton

Summary

Appeals court finds trial court did not err when it incorporated net book value calculation in its lost profits analysis in a case claiming breach of fiduciary duty and usurpation of business opportunity; dissent says damages calculation is “illogical.”
Lane v. Lampkin (I)
PDF, Size: 165 KB

See Also

What Rationale for Net Book Value in Damages Analysis?

Legal and Court Case Update
January 2015

Appeals court finds trial court did not err when it incorporated net book value calculation in its lost profits analysis in a case claiming breach of fiduciary duty and usurpation of business opportunity; dissent says damages calculation is “illogical.”

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