Salesperson’s Testimony Insufficient to Establish Lost Profits

Business Valuation Update BVLaw
Legal and Court Case Update
October 10, 2003

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5541 Gasoline Service Stations
447190 Other Gasoline Stations
contract
lost profits, breach of contract
P.F.I., Inc. v. Nadezda Kulis
No. A-3482-01T2 (N.J. Super. 2003)
US
State Court
New Jersey
Court of Appeals
Axelrad

Summary

The New Jersey Superior Court, Appellate Division, reversed the lower court’s award of lost profits.

See Also

P.F.I., Inc. v. Nadezda Kulis

Full Text of Court Cases
October 10, 2003

The New Jersey Superior Court, Appellate Division, reversed the lower court’s award of lost profits.