Contractor May Never Recover Lost Profits for Lost Bonding Capacity?

Business Valuation UpdateVol. 15 No. 4
Legal and Court Case Update
April 2009

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1542 General Contractors-Nonresidential Buildings, Other than Industrial Buildings and Warehouses
236220 Commercial and Institutional Building Construction
contract
Denny Construction, Inc. v. City and County of Denver
2009 WL 60507 (Colo.)
January 12, 2009
US
State Court
Colorado
Supreme Court
Ashley R Chagnon, Daniel J Arnold, David D Schlachter, Douglas W Colville, Gail J Rosenchein, Kristi K Riegle, Patricia L Wells
Eid

Summary

Colorado Supreme Court reverses ruling by appellate court that all lost profits claims due to contractor’s impaired bonding capacity are speculative as a matter of law.

See Also

Denny Construction, Inc. v. City and County of Denver

Full Text of Court Cases
January 12, 2009

Colorado Supreme Court reverses ruling by appellate court that all lost profits claims due to contractor’s impaired bonding capacity are speculative as a matter of law.

This article also appears in:
Business Valuation UpdateVol. 15 No. 4
The Comprehensive Guide to Economic Damages, Seventh Edition