Lost Profits Damages Cannot Contradict Contract Terms

Business Valuation UpdateVol. 17 No. 9
Legal and Court Case Update
September 2011
1799 Special Trade Contractors, NEC
561790 Other Services to Buildings and Dwellings
contract
damages, lost profits, breach of contract, discounted cash flow (DCF), economic damages & lost profits

Allstate Sweeping, LLC v. City and County of Denver
2011 WL 2173997 (D. Colo.)
June 2, 2011
US
Federal Court
Colorado
United States District Court
Don Frankenfeld (plaintiff)
Martine

Summary

Court accepts expert damages calculation for breach of contract based on DCF methodology, including growth rate and discount rate assumptions, but precludes terminal value calculation that violated nonassignment clause.

See Also

Allstate Sweeping, LLC v. City and County of Denver

Court accepts expert damages calculation for breach of contract based on DCF methodology, including growth rate and discount rate assumptions, but precludes terminal value calculation that violated nonassignment clause.