Lost Profits Award Reversed When It Did Not Include All Expenses Related to the Project

Business Valuation Update BVLaw
Legal and Court Case Update
September 6, 2005

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1520 General building contractors
236220 Commercial and Institutional Building Construction
economic damages & lost profits
Thille & Son Construction, Inc. v. Russell Thille, et al.
No. A-04-034 (Neb. App. 2005), unpublished
US
State Court
Nebraska
Court of Appeals
Christopher J. Lathrop, Dave J. Skalka, W. Patrick Betterman
Irwin

Summary

The Nebraska Court of Appeals reversed a lost profits award because the lost profits calculation the lower court adopted failed to account for all the expenses associated with the misappropriated corporate opportunity.

See Also

Thille & Son Construction, Inc. v. Russell Thille, et al.

Full Text of Court Cases
September 6, 2005

The Nebraska Court of Appeals reversed a lost profits award because the lost profits calculation adopted by the lower court failed to account for all the expenses associated with the misappropriated corporate opportunity.