Lost Profits Must Be Reasonably Certain

Business Valuation Update BVLaw
Legal and Court Case Update
January 30, 2002

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5092 Toys and Hobby Goods and Supplies
451120 Hobby, Toy, and Game Stores
tort
lost profits, economic damages & lost profits, reasonable certainty
KIds' Universe, et al. v. In2Labs, et al.
No. B147455 (Cal. App. 2 Dist. 2002)
US
State Court
California
Court of Appeals
Richard X. Hanson, Ph.D. <br>
Turner

Summary

The California Court of Appeals for the 1st District affirmed the lower court's decision denying Kids' Universe recovery of lost profits from a stillborn internet toy store.

See Also

KIds' Universe, et al. v. In2Labs, et al.

Full Text of Court Cases
January 30, 2002

The California Court of Appeals for the First District affirmed the lower court's decision denying Kids' Universe recovery of lost profits from a stillborn Internet toy store. The expert compared the subject company to one successful Internet toy company ...

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The Comprehensive Guide to Economic Damages, Seventh Edition