Historical Data Established Reasonable Certainty of Lost Future Profits

Business Valuation Update BVLaw
Legal and Court Case Update
May 29, 2002
tort

Bennini, Inc. v. Tai Yuen Textile Co., Ltd.
No. B144003 (Cal. App. 2 Dist. 2002), unpublished
US
State Court
California
Court of Appeals
Vaino Spencer

Summary

The California Court of Appeals, 2nd District, affirmed a jury’s award of $5.5 million in lost profits in this commercial negligence case.

See Also

Bennini, Inc. v. Tai Yuen Textile Co., Ltd.

The California Court of Appeals, Second District, affirmed a jury’s award of $5.5 million in lost profits in this commercial negligence case. The court noted that the fact of lost profits must be reasonably certain, and that the fact was established using ...