Lost Profits Award Based on Comparable Dealerships and Management Projections Affirmed

Business Valuation Update BVLaw
Legal and Court Case Update
August 10, 2006

Access the Full Article

This article is available with a subscription to any of these products:
It is also available in this product:
Already a subscriber or product owner?  Login
This article is also available for purchase. (481 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5511 Motor Vehicle Dealers (New and Used)
441228 Motorcycle, ATV, and All Other Motor Vehicle Dealers
contract
lost profits, expert testimony, economic damages & lost profits, reasonable certainty
Bero Motors, Inc. v. General Motors Corporation
No. 257675 (Mich. App. 2006), unpublished
US
State Court
Michigan
Court of Appeals
Bruce Hutlers, ASA, CFA <br> Craig Nelson <br>
Per Curiam

Summary

The Michigan Court of Appeals concluded that a lower court did not abuse its discretion when it admitted economic experts testifying to the quantum of lost profits in this breach of contract action.

See Also

Bero Motors, Inc. v. General Motors Corporation

Full Text of Court Cases
August 10, 2006

The Michigan Court of Appeals concluded that a lower court did not abuse its discretion when it admitted economic experts testifying to the quantum of lost profits in this breach of contract action.

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition