Summary
The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.
Natural Balance Pet Foods, Inc. v. Chenango Pet Foods, Inc.
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Lost Profits Based on Management Projections
The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.