Measure of Damages Is Salvage Value in Conversion Case

Business Valuation Update BVLaw
Legal and Court Case Update
July 11, 2000

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5046 Commercial Equipment, NEC
423440 Other Commercial Equipment Merchant Wholesalers
economic damages & lost profits
damages
Peter Lysenko v. Mitchell J. Sawaya and Lillie Marie Sawaya
2000 UT 58
US
State Court
Utah
Court of Appeals
L. Reid Steenblik
Russon

Summary

The Utah Court of Appeals affirmed the Court of Appeals' decision to value equipment a landlord converted after the lessee's right to posses the premises terminated at its salvage value.

See Also

Peter Lysenko v. Mitchell J. Sawaya and Lillie Marie Sawaya

Full Text of Court Cases
July 11, 2000

The Utah Court of Appeals affirmed the Court of Appeals' decision to value equipment a landlord converted after the lessee's right to posses the premises terminated at its salvage value.