Out-of-Pocket Damages Computed in Fraud Case

Business Valuation Update BVLaw
Legal and Court Case Update
May 12, 2005

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fraud
RiLoRo, Inc. v. Michael Tumanjan, et al.
No. B171371 (Cal. App. 2 Dist. 2005), unpublished
US
State Court
California
Court of Appeals
Arthur Grebow, Berger Kahn, Fred Rucker, James A. Flanagan
Merrietta Fong <br> Donald Poryes <br>
Armstrong

Summary

The California Court of Appeals affirmed in part and reversed in part a damage award in a fraud action involving a liquor license and a restaurant lease.

See Also

RiLoRo, Inc. v. Michael Tumanjan, et al.

Full Text of Court Cases
May 12, 2005

The California Court of Appeals affirmed in part and reversed in part a damage award in a fraud action involving a liquor license and a restaurant lease. It affirmed the calculation of out-of-pocket losses as the difference between total expenditures for ...