Maryland Concludes Lost Profits Should Be Lost Net Profits

Business Valuation Update BVLaw
Legal and Court Case Update
October 7, 2005
4953 Refuse Systems
fraud

Ari Rozen v. Michal Greenberg
No. 1990 (Md. Sp. App. 2005)
US
State Court
Maryland
Court of Special Appeals
Davis

Summary

The Maryland Court of Special Appeals reversed an award for lost profits obtained from this fraudulent inducement action because the economic expert upon which the lower court relied calculated only gross income.

See Also

Ari Rozen v. Michal Greenberg

The Maryland Court of Special Appeals reversed an award for lost profits obtained from this fraudulent inducement action because the economic expert upon which the lower court relied calculated only gross income and failed to account for any business expe ...