Expert’s lost profits analysis fails for lack of industry experience, objective analysis, or data.
Comprehensive research and analysis lend credibility to financial expert’s calculations for over $8 million lost profits and lost goodwill for restaurant.
The California Court of Appeals, Fourth District reversed a trial court's award of loss profits in the wrongful foreclosure action of a vacant parcel on which the plaintiff intended to build a car wash and gas station.
Paul DeNucci agreed, for a commission, to have Wayne March and CB Commercial Real Estate Group Inc. find a buyer for his three car wash businesses.
DeNucci sued March for fraud, violation of the Deceptive Trade Practices Act, and breach of fiduciary duty, in connection with contract to find a buyer for car washes.