Yardstick Method Challenged

Business Valuation Update BVLaw
Legal and Court Case Update
August 4, 2005

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contract
damages, breach of contract, yardstick analysis
Fairmont Supply Company v. Hooks Industrial, Inc.
No. 01-03-01129-CV (Tex. App. 1 Dist. [Houston] 2005)
US
State Court
Texas
Court of Appeals
Jeffrey Compton
Higley

Summary

The Texas Court of Appeals for the 1st Distinct considered whether the trial court erred when it admitted expert testimony as to lost profits, which utilized the yardstick method.

See Also

Fairmont Supply Company v. Hooks Industrial, Inc.

Full Text of Court Cases
August 4, 2005

The Texas Court of Appeals for the First Distinct considered whether the trial court erred when it admitted expert testimony as to lost profits, which utilized the yardstick method.

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