Startup Businesses Can Prove Lost Profits Without Actual Record of Past Earnings

Business Valuation UpdateVol. 8 No. 3
Legal and Court Case Update
March 2002

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4833 Television Broadcasting Stations
515120 Television Broadcasting
malpractice (legal)
damages, lost profits, fair market value (FMV)
Kilpatrick v. Wiley, Rein & Fielding
2001 UT 107, 37 P.3d 1130, 2001 Utah LEXIS 193
December 14, 2001
US
State Court
Utah
Supreme Court
David E. Schutz (for plaintiffs)
Durrant

Summary

This was a legal malpractice action with an extremely complicated set of facts, in which plaintiffs claimed that defendants breached their fiduciary duties, causing them millions of dollars in damages.

See Also

Kilpatrick v. Wiley, Rein & Fielding

Full Text of Court Cases
December 14, 2001

Legal malpractice action with an extremely complicated set of facts. Plaintiffs claimed that defendants breached their fiduciary duties, causing millions of dollars in damages.