Expert’s Loss-of-Use Computation Holds Up on Appeal

Business Valuation UpdateVol. 19 No. 7
Legal and Court Case Update
July 2013

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. (681 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
1629 Heavy Construction, NEC
237990 Other Heavy and Civil Engineering Construction
economic damages & lost profits
Great Lakes Business Trust v. M/T Orange Sun (II)
2013 U.S. App. LEXIS 8689
April 30, 2013
US
Federal Court
2nd Circuit
United States Court of Appeals
Samuel Goldfarb (plaintiffs); Louis Magnan (defendants)
Panel

Summary

In summary (non-precedential) order, appellate court upholds $11.7 million loss of use award arising out of a collision at sea between defendants’ cargo vessel and plaintiffs’ unique dredge, finding the district court “permissibly determined” there was as ...

See Also

Great Lakes Business Trust v. M/T Orange Sun (II)

Full Text of Court Cases
April 30, 2013

In summary (non-precedential) order, appellate court upholds $11.7 million loss of use award arising out of a collision at sea between defendants’ cargo vessel and plaintiffs’ unique dredge, finding the district court “permissibly determined” there was as ...

This article also appears in:
Business Valuation UpdateVol. 19 No. 7
The Comprehensive Guide to Economic Damages, Seventh Edition