Court ‘Surprised’ by Expert’s Failure to Back Up Business Loss

Business Valuation UpdateVol. 17 No. 12
Legal and Court Case Update
December 2011

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3325 Steel Foundries, NEC
332111 Iron and Steel Forging
contract
Felman Production, Inc. v. Industrial Risk Insurers
2011 WL 4543960 (S.D. W. Va.)
September 29, 2011
US
Federal Court
West Virginia
United States District Court
Brad Murlick
Chambers

Summary

Court dismisses claim for business interruption losses because neither the plaintiff nor its experts could prove the damaged equipment caused an actual lost sale or lost sale opportunity.

See Also

Felman Production, Inc. v. Industrial Risk Insurers

Full Text of Court Cases
September 29, 2011

Court dismisses claim for business interruption losses because neither the plaintiff nor its experts could prove an actual lost sale or lost sale opportunity caused by the damaged equipment.