Lost Profits Awarded When Property Was Completely Destroyed

Business Valuation Update BVLaw
Legal and Court Case Update
August 30, 1999

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tort
Tire Shredders, Inc. v. ERM-North Central, Inc.
No. 02A01-9803-CV-00058 (Tenn. App., 8/30/99)
US
State Court
Tennessee
Court of Appeals

Summary

The Tennessee Court of Appeals permitted Tire Shredders to recover the value of personal property and lost profits for the total destruction of personal property (an industrial shredder) in this negligence action.

See Also

Tire Shredders, Inc. v. ERM-North Central, Inc.

Full Text of Court Cases
August 30, 1999

The Tennessee Court of Appeals permitted Tire Shredders to recover the value of personal property and lost profits for the total destruction of personal property (an industrial shredder) in this negligence action. The lost profits were calculated based on ...