Multimatic, Inc. v. Faurecia Interior Systems, USA, Inc.

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December 22, 2009

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5013 Motor Vehicle Supplies and New Parts
423120 Motor Vehicle Supplies and New Parts Merchant Wholesalers
contract
Multimatic, Inc. v. Faurecia Interior Systems, USA, Inc.
2009 WL (C.A.6 (Mich.)) (Dec. 22, 2009) (Unpub.)
US
Federal Court
6th Circuit
United States Court of Appeals
Lawrence Simon, Michael Harzmark (plaintiff)
Sutton

Summary

Court upholds $10 million in lost profits damages against automaker supplier based on letter of intent, confidentiality agreement, and single price quote but confirms exclusion of $28 million in additional damages based on speculation.
Multimatic, Inc. v. Faurecia Interior Systems, USA, Inc. (unpub.)
PDF, Size: 162 KB

See Also

Lost Profits Based on Single Price Quote Too Speculative?

Legal and Court Case Update
March 2010

Court upholds $10 million in lost profits damages against automaker supplier based on letter of intent, confidentiality agreement, and single price quote but confirms exclusion of $28 million in additional damages based on speculation.

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