Textbook Case of Proving Lost Future Profits Based on Past Finances of the Business

Business Valuation UpdateVol. 16 No. 5
Legal and Court Case Update
May 2010

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6411 Insurance Agents, Brokers, and Service
524210 Insurance Agencies and Brokerages
contract
In re Texans CUSO Insurance Group
2010 WL 743291 (Bankr. N.D. Tex.)
March 2, 2010
US
Federal Court
Federal
United States Bankruptcy Court
Brian Mroski
Houser

Summary

Court confirms expert lost profit damages of $21.1 million based on careful calculation of earnout payments under breached sale and employment agreement.

See Also

In re Texans CUSO Insurance Group

Full Text of Court Cases
March 2, 2010

Court confirms expert lost profit damages of $21.1 million based on careful calculation of earnout payments under breached sale and employment agreement.