Value of a Business Must Be Objectively Determined; Lost Profits May Be Included in Fair Market Value

Business Valuation Update BVLaw
Legal and Court Case Update
June 18, 1999

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5064 Electrical Appliances, Television and Radio Sets
423620 Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
contract
lost profits, expert testimony, fair market value (FMV), valuation date
Cooper Distributing Co., Inc. v. Amana Refrigeration, Inc.
180 F.3d 542,1999 U.S. App. LEXIS 13413
US
Federal Court
3rd Circuit
United States Court of Appeals
Scirica

Summary

Amana Refrigeration terminated its distribution relationship with Cooper Distributing for reasons other than unsatisfactory performance on Cooper's part.

See Also

Cooper Distributing Co., Inc. v. Amana Refrigeration, Inc.

Full Text of Court Cases
June 18, 1999

At issue is the valuation of an appliance distributor franchise.