Lost Profits Award for Breach of Contract Based on Penetration Rate of Similar Contracts
The Connecticut Court of Appeals reversed the trial court’s decision to exclude testimony from a director of the plaintiff, which was the basis for the jury award, on reconsideration and reduced the damage award to $1.
Company Seeks Damages From Speculative Profits
Coastal sought $5.3 million in damages arising out of an alleged breach of a contract for Coastal's exclusive dealership rights to sell Commander airplanes.
Coastal Aviation v. Commander Aircraft
In this case, the plaintiff seeks damages arising out of an alleged breach of a contract for Coastal's exclusive dealership rights to sell Commander airplanes.