Owner’s Compensation Must Be Deducted From Lost Profits Award

Business Valuation Update BVLaw
Legal and Court Case Update
May 23, 2003

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3524 Lawn and Garden Tractors and Home Lawn and Garden Equipment
333112 Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing
contract
lost profits, breach of contract
SIHLE Insurance Group, Inc. v. Right Way Hauling, Inc.
No. 5D01-3327 (Fla. 5 DCA 2003)
US
State Court
Florida
Court of Appeals
Thompson, Jr.

Summary

The Florida Court of Appeals for the 5th District reversed an award of lost profits in this negligence and breach of contract case because it was speculative.

See Also

SIHLE Insurance Group, Inc. v. Right Way Hauling, Inc.

Full Text of Court Cases
May 23, 2003

The Florida Court of Appeals for the 5th District reversed an award of lost profits in this negligence and breach of contract case because it was speculative.

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