Lost Profits Award Based on Value of Business

Business Valuation Update BVLaw
Legal and Court Case Update
March 18, 2004
7011 Hotels and Motels
721110 Hotels (except Casino Hotels) and Motels
contract
lost profits, breach of contract

Maingate Hotel Company, Inc. v. Zaby's LP
No. G032066 (Cal. App. 4 Dist. 2004), unpublished
US
State Court
California
Court of Appeals
D. Scott Abernathy, Jeffrey D. Rubin, Richard J. Radcliffe, Robert H. Pourvali
Rylaarsdam

Summary

The California Court of Appeal, 4th District, upheld a jury’s award of lost profits to Maingate after Zaby’s breached the property lease intended for hotel development.

See Also

Maingate Hotel Company, Inc. v. Zaby's LP

The California Court of Appeals, 4th District, upheld a jury’s award of lost profits to Maingate after Zaby’s breached the property lease intended for hotel development.