Risk-Adjusted Discount Rate Should Be Used to Calculate Present Value

Business Valuation Update BVLaw
Legal and Court Case Update
August 14, 2002

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contract
lost profits, breach of contract
Energy Capital Corp. v. United States
No. 01-5018 (Fed. Cir. 2002)
US
Federal Court
Federal Circuit
United States Court of Appeals
David Hilsey, Jerry Arcy, CPA
Schall

Summary

The U.S. Court of Appeals for the Federal Circuit rejected the government’s position that the per se new business rule should be applied to preclude the recovery of the new business’s lost profits.

See Also

Energy Capital Corp. v. United States

Full Text of Court Cases
August 14, 2002

The U.S. Court of Appeals for the Federal Circuit rejected the government’s position that the per se new business rule should be applied to preclude the recovery of the new business’s lost profits.

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