Future Profits and 'Lost Going Concern Value' Denied Where Damages Are Unforeseen and Uncertain

Business Valuation UpdateVol. 10 No. 8
Legal and Court Case Update
August 2004

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1731 Electrical Work
238210 Electrical Contractors and Other Wiring Installation Contractors
contract
lost profits, breach of contract
Trenhaile v. J.H. Findorff & Son, Inc.
2004 Wisc. App. LEXIS 384
May 4, 2004
US
State Court
Wisconsin
Court of Appeals
Dennis Bersch, CPA (for Trenhaile) <br> Timothy Tremel (for Findorf)
Per Curiam

Summary

One issue in this breach of contract case was the calculation of future profits that would have been expected if not for the breach.

See Also

Trenhaile v. J.H. Findorff & Son, Inc.

Full Text of Court Cases
May 4, 2004

Claim for lost future profits must be supported by reasonable evidence. Expert's credibility at issue because of exclusion of bad years in his calculations for projection of business profit.