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Business Machines Sales and Service, Inc. v. Robert E. Murphy

The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.

National Average Wage Growth Statistic Inappropriate Proxy for Growth in Net Gross Profits in Particular Industry in Particular Region

The Minnesota Court of Appeals reversed a lost profits award in this breach of a consulting agreement matter because the expert used the national average annual real wage growth for the United States business sector as a proxy for growth in sales of a particular region or industry.

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