Owner’s Compensation Must Be Considered In Calculating Net Profits

Business Valuation Update BVLaw
Legal and Court Case Update
June 25, 2003

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6512 Operators of Nonresidential Buildings
531312 Nonresidential Property Managers
tort
economic damages & lost profits
Guillermo Sostchin v. Doll Enterprises, Inc.
847 So. 2d 1123; No. 3D01-3392 (Fla. 3 DCA 2003)
US
State Court
Florida
Court of Appeals
Nesbitt

Summary

Sostchin, through a trust controlled by him, operated a multitenant commercial building that was destroyed by fire.

See Also

Guillermo Sostchin v. Doll Enterprises, Inc.

Full Text of Court Cases
June 25, 2003

Sostchin, through a trust controlled by him, operated a multi-tenant commercial building that was destroyed by fire. Doll Enterprises operated a shoe store in Sostchin’s building, and was awarded lost profits following the fire that was negligently caused ...

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition