8th Circuit Validates Employment Contract and Damages Related to Breach

Business Valuation UpdateVol. 22 No. 6
Legal and Court Case Update
June 2016

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3829 Measuring and Controlling Devices, NEC
339112 Surgical and Medical Instrument Manufacturing
contract
expert testimony, causation, economic damages & lost profits, interference, employment agreement, reasonable certainty
St. Jude Med. S.C., Inc. v. Biosense Webster, Inc.
2016 U.S. App. LEXIS 6658
April 12, 2016
US
Federal Court
8th Circuit
United States Court of Appeals
N/A
Smith

Summary

Appeals court affirms plaintiff’s employment contract with employee is enforceable, and competitor interfering with it is liable for profits plaintiff employer lost; court notes plaintiff established causation and proved loss with reasonable certainty.

See Also

St. Jude Med. S.C., Inc. v. Biosense Webster, Inc.

Full Text of Court Cases
April 12, 2016

Appeals court affirms plaintiff’s employment contract with employee is enforceable, and competitor interfering with it is liable for profits plaintiff employer lost; court notes plaintiff established causation and proved loss with reasonable certainty.

This article also appears in:
Business Valuation UpdateVol. 22 No. 6
The Comprehensive Guide to Economic Damages, Seventh Edition