Lost Profits Award Questioned Using New Business Rule Argument

Business Valuation Update BVLaw
Legal and Court Case Update
August 31, 2005

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7542 Carwashes
811192 Car Washes
contract
damages, lost profits, breach of contract, fair market value (FMV), lost business value
Murrietta Car Wash, Inc. v. North County Bank
No. G034260 (Cal. App. 4 Dist. 2005), unpublished
US
State Court
California
Court of Appeals
Andrew J. Guilford, Barbara E. Taylor, Charles L. Kreindler, Douglas B. Vanderpool, Matthew J. Erwin
Brian Brinig, CPA <br>
Aronson

Summary

The California Court of Appeals, 4th District, reversed a trial court's award of loss profits in the wrongful foreclosure action of a vacant parcel on which the plaintiff intended to build a car wash and gas station.

See Also

Murrietta Car Wash, Inc. v. North County Bank

Full Text of Court Cases
August 31, 2005

The California Court of Appeals, Fourth District reversed a trial court's award of loss profits in the wrongful foreclosure action of a vacant parcel on which the plaintiff intended to build a car wash and gas station.