Use of Actual Operating Results Establishes Sufficiently Reliable Basis for Lost Profits Computation

Business Valuation Update BVLaw
Legal and Court Case Update
August 3, 2005

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7999 Amusement and Recreation Services, NEC
721120 Casino Hotels
malpractice (legal)
Steven F. Bright, et al. v. Harold Addison, et al.
No. 05-04-00170-CV (Tex. App. 5 Dist [Dallas] 2005)
US
State Court
Texas
Court of Appeals
Rodney Sowards <br>
Whittington

Summary

The Texas Court of Appeals affirmed a trial court’s admission of lost profits testimony.

See Also

Steven F. Bright, et al. v. Harold Addison, et al.

Full Text of Court Cases
August 3, 2005

The Texas Court of Appeals affirmed a trial court’s admission of lost profits testimony. It found that the testimony regarding lost profits had a sufficiently reliable basis when the damages were computed using 20-months of actual operating history for th ...