Court Cobbles Credible Basis From Expert Evidence to Confirm Lost Profits Damages

Business Valuation UpdateVol. 16 No. 9
Legal and Court Case Update
September 2010

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1799 Special Trade Contractors, NEC
236220 Commercial and Institutional Building Construction
contract
The Water Quality Store, LLC v. Dynasty Spas, Inc.
2010 WL 2772702 (Wis. App.)
July 15, 2010
US
State Court
Wisconsin
Court of Appeals
Kerry Kernitz (plaintiff)
Vergeront

Summary

Appellate court affirms lost profits damages for a terminated dealership by “backing into the amount,” i.e., finding enough credible expert evidence by which the jury could have reasonably calculated its award.

See Also

The Water Quality Store, LLC v. Dynasty Spas, Inc.

Full Text of Court Cases
July 15, 2010

Appellate court affirms lost profits damages for a terminated dealership by “backing into the amount,” i.e., finding enough credible expert evidence by which the jury could have reasonably calculated its award.