DCF Reliable for Calculating Lost Business Value
On plaintiff’s third attempt to prove damages due to defendant’s breach of contract, Sixth Circuit permits expert to present lost business value based primarily on discounted cash flow analysis.
JGR, Inc. v. Thomasville Furniture Industries, Inc. (III)
On plaintiff’s third attempt to prove damages due to defendant’s breach of contract, Sixth Circuit permits expert to present lost business value based primarily on discounted cash flow analysis.
JGR, Inc. v. Thomasville Furniture Industries, Inc. (IV)
Before the Court is the Report and Recommendation of Magistrate Judge Kathleen B. Burke (Doc. No. 308) addressing (1) the admissibility of Plaintiff’s expert’s testimony under Daubert v. Merrell Dow Pharm., Inc., 509 U.S. 579, 589 (1993); (2) Defendant ...
Distinguishing Lost Profits Versus Lost Business Claims
6th Circuit vacates lost profits damages award because plaintiff failed to preserve claim to lost profits after receiving award for lost business value.
JGR, Inc. v. Thomasville Furniture Industries, Inc. (II)
Sixth Circuit vacates lost profits damages award because plaintiff failed to preserve claim to lost profits after receiving award for lost business value.
Expert’s ‘Lay Testimony’ Stricken After Court Declares It Expert Testimony
One issue in this breach of contract case was whether it was proper for the district court to admit the testimony of James Gornick.
JGR, Inc. v. Thomasville Furniture Industries, Inc. (I)
The issue in this breach of contract case was the value of the company for the purposes of damages.
Appellate court accepts one side's value completely
Husband appealed the district court's $1,060,000 valuation of his interest in a family business, Gallatin Valley Furniture , from which he was ordered to pay wife $522,676.
DeCosse v. DeCosse
At issue is the valuation of husband's interest in a furniture company.