Damages Expert May Only Assume Facts in Evidence

Business Valuation UpdateVol. 18 No. 10
Legal and Court Case Update
October 2012
6552 Land Subdividers and Developers, Except Cemeteries
237210 Land Subdivision
intellectual property
goodwill, trademark infringement, economic damages & lost profits

Basile Baumann Prost Cole & Assoc. v. BBP & Assoc. LLC
2012 U.S. Dist. LEXIS 103915
July 25, 2012
US
Federal Court
Maryland
United States District Court
Frank Walker (plaintiff)
Quarles Jr.

Summary

Court strikes expert’s “lost asset value” theory of damages for trademark infringement because it relied entirely on the plaintiff’s allegations that it lost all of its goodwill value due to the defendants’ actions, without adequate proof.

See Also

Basile Baumann Prost Cole & Assoc. v. BBP & Assoc. LLC

Court strikes expert’s “lost asset value” theory of damages for trademark infringement because it relied entirely on the plaintiff’s allegations that it lost all of its goodwill value due to the defendants’ actions, without adequate proof.