Flawed Expert Opinion Drastically Diminishes Plaintiff’s Lost Profits

Business Valuation UpdateVol. 18 No. 11
Legal and Court Case Update
November 2012

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3714 Motor Vehicle Parts and Accessories
336390 Other Motor Vehicle Parts Manufacturing
bankruptcy
lost profits, economic damages & lost profits
In re Jonatzke
2012 Bank. LEXIS 3882
August 24, 2012
US
Federal Court
Michigan
United States Bankruptcy Court
Eric Fudo (plaintiff)
Shefferly

Summary

Bankruptcy court substantially reduces plaintiff’s damages claim based largely on expert’s failure to independently verify assumptions regarding defendant’s alleged theft of trade secrets on lost profits and lost sales.

See Also

In re Jonatzke

Full Text of Court Cases
August 24, 2012

Bankruptcy court substantially reduces plaintiff’s damages claim based largely on expert’s failure to independently verify assumptions regarding defendant’s alleged theft of trade secrets on lost profits and lost sales.

This article also appears in:
Business Valuation UpdateVol. 18 No. 11
The Comprehensive Guide to Economic Damages, Seventh Edition