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.)
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See Also
Lost Profits Based on Single Price Quote Too Speculative?
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.