Business Interruption Loss: Expert Should Consider Only Historical Sales

Business Valuation UpdateVol. 16 No. 10
Legal and Court Case Update
October 2010

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Catlin Syndicate Ltd. v. Imperial Palace of Mississippi
600 F.3d 511 (5th Cir. 2010)
March 15, 2010
US
Federal Court
5th Circuit
United States Court of Appeals
unnamed
Prado

Summary

5th Circuit finds that only historical sales figures should factor into business-interruption lost profits claims and not an entity’s experience following the disaster.

See Also

Catlin Syndicate Ltd. v. Imperial Palace of Mississippi

Full Text of Court Cases
March 15, 2010

5th Circuit finds that only historical sales figures should factor into business-interruption lost profits claims and not an entity’s experience following the disaster.