Penn Mart Supermarkets, Inc. v. New Castle Shopping, LLC

BVLaw
Full Text of Court Cases
December 15, 2005
5411 Grocery Stores
445110 Supermarkets and Other Grocery Retailers (except Convenience Retailers)
contract
calculating damages, lost profits, event study

Penn Mart Supermarkets, Inc. v. New Castle Shopping, LLC
No. 20405-NC (Del. Chan. 2005)
US
State Court
Delaware
Court of Chancery
Amy Evans, Donna L. Harris, Herbert W. Mondros, Philip Trainer Jr., Tiffany Geyer Lydon
Thomas J. Shopa, CPA, CVA
Noble

Summary

The Delaware Court of Chancery rejected a lost profits computation based on an event study analysis that failed to consider all possible events that may have resulted in the lost profits in this breach of a protective convent in a lease case.
Penn Mart Supermarkets, Inc. v. New Castle Shopping, LLC
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See Also

Event Study Analysis Rejected When Other Possible Events Not Considered

The Delaware Court of Chancery rejected a lost profits computation based on an event study analysis that failed to consider all possible events that may have resulted in the lost profits in this breach of a protective convent in a lease case.