Liquidation Value of Equipment Awarded as Damages for Conversion

Business Valuation Update BVLaw
Legal and Court Case Update
February 4, 1999

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (319 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5046 Commercial Equipment, NEC
423440 Other Commercial Equipment Merchant Wholesalers
economic damages & lost profits
damages
Peter Lysenko v. Mitchell J. Sawaya
1999 UT App 31, 973 P.2d 445
US
State Court
Utah
Court of Appeals
L. Reid Steenblik <br>
Wilkins

Summary

The Utah Court of Appeals decided that the proper measure of damages when restaurant equipment is converted after the leasee's right to possess the premises has terminated is the salvage value of the equipment.

See Also

Peter Lysenko v. Mitchell J. Sawaya

Full Text of Court Cases
February 4, 1999

The Utah Court of Appeals decided that the proper measure of damages when restaurant equipment is converted after the leasee's right to possess the premises has terminated is the salvage value of the equipment.