KIds' Universe, et al. v. In2Labs, et al.
The California Court of Appeals for the First District affirmed the lower court's decision denying Kids' Universe recovery of lost profits from a stillborn Internet toy store. The expert compared the subject company to one successful Internet toy company ...
Lost Profits Must Be Reasonably Certain
The California Court of Appeals for the 1st District affirmed the lower court's decision denying Kids' Universe recovery of lost profits from a stillborn internet toy store.
Kenford Co. v. County of Erie
In dispute over lost profits for term of 20-year management agreement, high court sets forth three-part test plaintiff must satisfy, including showing causation, reasonable certainty, and damages within the contemplation of parties at the time of agreement; plaintiff here fails test.