Lost Profits Based on Management Projections

Business Valuation Update BVLaw
Legal and Court Case Update
September 30, 2003
2047 Dog and Cat Food
311111 Dog and Cat Food Manufacturing
contract

Natural Balance Pet Foods, Inc. v. Chenango Pet Foods, Inc.
No. B162239 (Cal. App. 2 Dist. 2003), unpublished
US
State Court
California
Court of Appeals
Jennifer Polhemus <br>
Epstein

Summary

The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.

See Also

Natural Balance Pet Foods, Inc. v. Chenango Pet Foods, Inc.

The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.