Event Study Analysis Rejected When Other Possible Events Not Considered

Business Valuation Update BVLaw
Legal and Court Case Update
December 15, 2005

Access the Full Article

This article is available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (817 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5411 Grocery Stores
445110 Supermarkets and Other Grocery Retailers (except Convenience Retailers)
contract
calculating damages, lost profits, event study
Penn Mart Supermarkets, Inc. v. New Castle Shopping, LLC
No. 20405-NC (Del. Chan. 2005)
US
State Court
Delaware
Court of Chancery
Amy Evans, Donna L. Harris, Herbert W. Mondros, Philip Trainer Jr., Tiffany Geyer Lydon
Thomas J. Shopa, CPA, CVA
Noble

Summary

The Delaware Court of Chancery rejected a lost profits computation based on an event study analysis that failed to consider all possible events that may have resulted in the lost profits in this breach of a protective convent in a lease case.

See Also

Penn Mart Supermarkets, Inc. v. New Castle Shopping, LLC

Full Text of Court Cases
December 15, 2005

The Delaware Court of Chancery rejected a lost profits computation based on an event study analysis that failed to consider all possible events that may have resulted in the lost profits in this breach of a protective convent in a lease case.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition