Damages Based on Inconsistent Testimony

Business Valuation UpdateVol. 9 No. 9
Legal and Court Case Update
September 2003
5511 Motor Vehicle Dealers (New and Used)
441110 New Car Dealers
breach of contract, capitalization rate, economic damages & lost profits, employment agreement

Kraatz v. Heritage Imports
2003 UT App. 149, 2003 Utah App. LEXIS 45
May 15, 2003
State Court
Court of Appeals
Larry H. Miller (for Heritage)


Kraatz sued Heritage Imports for wrongful termination.

See Also

Kraatz v. Heritage Imports

Issue was damages where employment agreement entitled plaintiff to 15% of the value of Heritage's stock in excess of $2.5 million, in the event of wrongful termination.