Lost Profits Award for Breach of Contract Based on Penetration Rate of Similar Contracts

Business Valuation Update BVLaw
Legal and Court Case Update
October 5, 2004
6519 Lessors of Real Property, NEC
531190 Lessors of Other Real Estate Property
contract
damages, expert witness, lost profits, breach of contract

Message Center Management, Inc. v. Shell Oil Products Company
No. AC 22987 (Conn. App. 2004)
US
State Court
Connecticut
Court of Appeals
Alexandra M. McHugh, Allan B. Taylor, Lawrence G. Rosenthal, Paul D. Sanson, Sheila A. Huddleston
DuPont

Summary

The Connecticut Court of Appeals reversed the trial court’s decision to exclude testimony from a director of the plaintiff, which was the basis for the jury award, on reconsideration and reduced the damage award to $1.

See Also

Message Center Management, Inc. v. Shell Oil Products Company

The Connecticut Court of Appeals reversed the trial court’s decision to exclude testimony from a director of the plaintiff, which was the basis for the jury award, on reconsideration and reduced the damage award to $1.