Overhead Is Not Deducted When Calculating Lost Profits

Business Valuation Update BVLaw
Legal and Court Case Update
July 1, 1998
1389 Oil and Gas Field Services, NEC
213112 Support Activities for Oil and Gas Operations
contract

Interstate Oil and Supply Company, et al. v. Troutman Oil Company
No. 97-144 (Ark. 1998)
US
State Court
Arkansas
Supreme Court
Arnold

Summary

The Supreme Court of Arkansas affirmed the lost profits award to a gasoline distributor for breach of a supply contract with a service station.

See Also

Interstate Oil and Supply Company, et al. v. Troutman Oil Company

The Supreme Court of Arkansas affirmed the lost profits award to a gasoline distributor for breach of a supply contract with a service station.