Court Outlines Key Factors In Calculating Lost Profits for Unestablished Business

Business Valuation UpdateVol. 13 No. 6
Legal and Court Case Update
June 2007

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5812 Eating and Drinking Places
722513 Limited-Service Restaurants
contract
Parlour Enterprises Inc. v. The Kirin Group, Inc.
2007 Cal App. LEXIS 504
April 6, 2007
State Court
California
Court of Appeal
Gerald N. Shelley, Robert J. Hadlock, Steven C. Smith, William B. Hanley, William D. Chapman
Robert Wunderlich
Rylaarsdam

Summary

Court denies lost profits claim for unestablished business based on speculative management forecasts and lack of credible market data.

See Also

Parlour Enterprises Inc. v. The Kirin Group, Inc.

Full Text of Court Cases
April 6, 2007

Court denies lost profits claim for unestablished business based on speculative management forecasts and lack of credible market data.

This article also appears in:
Business Valuation UpdateVol. 13 No. 6
The Comprehensive Guide to Economic Damages, Seventh Edition