Natural Balance Pet Foods, Inc. v. Chenango Pet Foods, Inc.
The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.
Lost Profits Based on Management Projections
The California Court of Appeal, 2nd District, concluded that testimony from a forensic accountant as to the lost profits arising from a breach of contract were not speculative because the computation was based in part on management’s projections.