Business’s Lack of Track Record Renders Lost Profits Claim Speculative

Business Valuation Update BVLaw
Legal and Court Case Update
September 30, 1996
3089 Plastics Products, NEC
326199 All Other Plastics Product Manufacturing
intellectual property

Don McClaran v. Plastic Industries, Inc.
No. 94-35168 (9th Cir. 1996)
US
Federal Court
9th Circuit
United States Court of Appeals
Wiggins

Summary

The Ninth Circuit reversed and remanded McClaran's damage award for breach of contract and trademark infringement regarding McClaran's kayak. The 9th Circuit found the lost profits award speculative because it was based on projected sales of McClaran's ...

See Also

Don McClaran v. Plastic Industries, Inc.

The Ninth Circuit reversed and remanded McClaran's damage award for breach of contract and trademark infringement regarding McClaran's kayak. The Ninth Circuit found the lost profits award speculative because it was based on projected sales of McClaran's ...