Lost Profits Estimates Must Be Supported by Actual Earnings

Business Valuation Update BVLaw
Legal and Court Case Update
April 30, 2004

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Mohamad Rashedi, et al. v. John McCue, et al.
No. A095215 (Cal. App. 1 Dist. 2004), unpublished
US
State Court
California
Court of Appeals
Sepulveda

Summary

The California Court of Appeals affirmed the lower court’s order of a new trial on damages in this defamation and interference with prospective economic advantage case.

See Also

Mohamad Rashedi, et al. v. John McCue, et al.

Full Text of Court Cases
April 30, 2004

The California Court of Appeals affirmed the lower court’s order of a new trial on damages in this defamation and interference with prospective economic advantage case. The lower court determined that the jury’s award of lost profits, which was based enti ...