Jury Awards $10 Million Lost Value for Internet Startup—But Court Dubious on Damages

Business Valuation UpdateVol. 15 No. 10
Legal and Court Case Update
October 2009

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M & A Technology v. iValue Group Inc.
2009 WL 2456289(Tex. App—El Paso)
August 12, 2009
US
State Court
Texas
Court of Appeals
Alan Ratliff (plaintiff)
Rivera

Summary

Court reverses a $10 million damages award for the lost value of an internet startup for failure to show any record of profitability, working capital, or products to sell.

See Also

M & A Technology v. iValue Group Inc.

Full Text of Court Cases
August 12, 2009

Court reverses a $10 million damages award for the lost value of an internet startup for failure to show any record of profitability, working capital, or products to sell.

This article also appears in:
Business Valuation UpdateVol. 15 No. 10
The Comprehensive Guide to Economic Damages, Seventh Edition