Kirk Brisbin v. Superior Valve Company et al.
The U.S. Court of Appeals, 3rd Circuit, reversed a lower court’s award of lost profits in this breach of contract action because damages were improperly assessed beyond the duration of the contract.
Lost Profits From Breach of Contract Difficult to Assess for a New Business
The U.S. Court of Appeals, 3rd Circuit, reversed a lower court’s award of lost profits in this breach of contract action because damages were improperly assessed beyond the duration of the contract.
Estate of Mueller v. Commissioner
Issue for decision is the date-of-death fair market value of the 8,924 shares of common stock of the Mueller Co. (the Company) included in the gross estate of Bessie I. Mueller (decedent).
Estate of Mueller v. Commissioner
The pertinent issue in this case was the date of death value of minority shares included in the estate.