Asset Approach Accepted Over Going-Concern Premise When the Dealership Is Terminated

Business Valuation Update BVLaw
Legal and Court Case Update
August 6, 1998

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3537 Industrial Trucks, Tractors, Trailers, and Stackers
333924 Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing
contract
damages, lost profits, breach of contract, economic damages & lost profits
To-Am Equipment Co., Inc. v. Mitsubishi Caterpillar Forklift America, Inc.
No. 97-1395 (7th Cir. 1998)
US
Federal Court
7th Circuit
United States Court of Appeals
Fred Lieber, Seth Palatnik
Wood

Summary

The U.S. Court of Appeals for the 7th Circuit affirmed jury's verdict on damages To-Am incurred due to Mitsubishi's termination of To-Am's franchise.

See Also

To-Am Equipment Co., Inc. v. Mitsubishi Caterpillar Forklift America, Inc.

Full Text of Court Cases
August 6, 1998

The U.S. Court of Appeals for the 7th Circuit affirmed jury's verdict on damages To-Am incurred due to Mitsubishi's termination of To-Am's franchise.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition