Startup Company May Not Recover Lost Profits Based on Post-Valuation Date Business Plan

Business Valuation Update BVLaw
Legal and Court Case Update
September 21, 2005

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3669 Communications Equipment, NEC
334220 Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
contract
damages, lost profits, breach of contract, economic damages & lost profits
Telxon Corporation v. Smart Media of Delaware, Inc.
2005 Ohio 4931
US
State Court
Ohio
Court of Appeals
Clair E. Dickinson, Eric S. Volkman, Gregory H. Melick, Irene C. Keyse-Walker, Isaac J. Eddington, J. Brian Kenney, J. Scott Ballenger, John C. Fairweather, Maureen E. Mahoney, Orville L. Reed III, Patrick F. McCartan, Richard I. Wender Jr., Robert D. K
Batchelder

Summary

The Ohio Court of Appeals, 9th District, reversed a jury’s damages award in this breach of contract and tort action.

See Also

Telxon Corporation v. Smart Media of Delaware, Inc.

Full Text of Court Cases
September 21, 2005

The Ohio Court of Appeals, 9th District, reversed a jury’s damages award in this breach of contract and tort action.

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