Comps Are Critical to Prove Lost Profits for Proposed Business

Business Valuation UpdateVol. 18 No. 4
Legal and Court Case Update
April 2012

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5541 Gasoline Service Stations
contract
Flying J, Inc. v. Department of Transportation
2012 Cal. App. Unpub. LEXIS 392
January 19, 2012
US
State Court
California
Court of Appeals
James Pampinella and Forrest Sandusky Baker Jr. (plaintiff)
Dawson

Summary

California Court of Appeals permits lost profits for breach of contracts to convey real estate, but finds the plaintiff failed to prove the same with reasonable certainty in this case by relying on other developed locations that were not sufficiently comp ...

See Also

Flying J, Inc. v. Department of Transportation

Full Text of Court Cases
January 19, 2012

California Court of Appeals permits lost profits for breach of contracts to convey real estate, but finds the plaintiff failed to prove the same with reasonable certainty in this case by relying on other developed locations that were not sufficiently comp ...

This article also appears in:
Business Valuation UpdateVol. 18 No. 4
The Comprehensive Guide to Economic Damages, Seventh Edition