Court Rejects Expert’s ‘Irrelevant’ Theory of Damages

Business Valuation UpdateVol. 19 No. 4
Legal and Court Case Update
April 2013
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Gallagher & Co. v. Babcock
2012 U.S. App. LEXIS 25761
December 18, 2012
US
Federal Court
5th Circuit
United States Court of Appeals
John Caraher (plaintiffs); unknown (defendants)
Higginbotham

Summary

Fifth Circuit vacates lost profits award because expert’s calculation was based on all clients who left plaintiffs after the defendants’ breach of non-compete agreements, rather than those who followed the defendants to their new place of employment; the ...

See Also

Gallagher & Co. v. Babcock

Fifth Circuit vacates lost profits award because expert’s calculation was based on all clients who left plaintiffs after the defendants’ breach of non-compete agreements, rather than those who followed the defendants to their new place of employment; the ...