Breach of Noncompete Means Damages for ‘Loss Sustained’ and Lost Profits

Business Valuation UpdateVol. 22 No. 8
Legal and Court Case Update
August 2016

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1389 Oil and Gas Field Services, NEC
213112 Support Activities for Oil and Gas Operations
contract
damages, lost profits, expert testimony, noncompete agreement, valuation methods, net operating loss, reasonable certainty, future earnings
Pattridge v. Starks
2016 La. App. LEXIS 315
February 24, 2016
US
State Court
Louisiana
Court of Appeals
Benjamin Woods (plaintiffs); none (defendant)
Drew

Summary

In breach of noncompete case, appeals court finds measure of damages is not limited to net loss; statute allows damages “for the loss sustained” in addition to lost profits, and trial court properly credited and adjusted expert’s typical damages models.

See Also

Pattridge v. Starks

Full Text of Court Cases
February 24, 2016

In breach of noncompete case, appeals court finds measure of damages is not limited to net loss; statute allows damages “for the loss sustained” in addition to lost profits, and trial court properly credited and adjusted expert’s typical damages models.

This article also appears in:
Business Valuation UpdateVol. 22 No. 8
The Comprehensive Guide to Economic Damages, Seventh Edition