Usurped Opportunity Case Justifies Use of Defendant’s Profits

Business Valuation UpdateVol. 20 No. 11
Legal and Court Case Update
November 2014

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8071 Medical Laboratories
621512 Diagnostic Imaging Centers
contract
lost profits, expert testimony, partnership agreement, hospital, noncompete agreement
St. Alphonsus Diversified Care, Inc. v. MRI Associates, LLP
2014 Ida. LEXIS 200
August 4, 2014
US
State Court
Idaho
Supreme Court
Bruce Budge, Charles Wilhoite (defendant/counterclaimant)
Eismann

Summary

Appeals court validates expert’s use of defendant’s net profits as measure of damages in usurped business opportunity case; hypothesizing a facility that the plaintiff could have had and the profits it might made in competition “would not make sense.”

See Also

St. Alphonsus Diversified Care, Inc. v. MRI Associates, LLP

Full Text of Court Cases
August 4, 2014

Appeals court validates expert’s use of defendant’s net profits as measure of damages in usurped business opportunity case; hypothesizing a facility that the plaintiff could have had and the profits it might made in competition “would not make sense.”

This article also appears in:
Business Valuation UpdateVol. 20 No. 11
The Comprehensive Guide to Economic Damages, Seventh Edition