Anticipated Profits of New Business May Be Based on Predecessor’s Profits

Business Valuation Update BVLaw
Legal and Court Case Update
October 14, 1997

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3555 Printing Trades Machinery and Equipment
333244 Printing Machinery and Equipment Manufacturing
fraud
Independent Business Forms, Inc. v. A-M Graphics, Inc.
No. 96-4190 (8th Cir. 1997)
US
Federal Court
8th Circuit
United States Court of Appeals
Lay

Summary

The U.S. Court of Appeals for the 8th Circuit reversed a district court's decision denying Independent Business Forms Inc. recovery of lost profits under the new business rule.

See Also

Independent Business Forms, Inc. v. A-M Graphics, Inc.

Full Text of Court Cases
October 14, 1997

The U.S. Court of Appeals for the Eighth Circuit reversed a district court's decision denying Independent Business Forms, Inc. recovery of lost profits under the new business rule. The Eighth Circuit determined that Independent Business Forms could recov ...