Nuts & Bolts of Lost Profit Cases
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Series: COMPLEX FINANCIAL LITIGATION 2016
Business owners and management often face circumstances where an outside business partner, vendor, or supplier fails to live up to their end of an agreement. When that happens, the harmed business must consider whether to make a claim seeking repayment of profits lost as a result of the problem. Asserting an effective claim to recover lost profits requires understanding how the courts will measure the lost profits so that the claimant can assemble necessary information to support the claim. Defending against a claim for lost profits necessitates understanding the common methods to reduce or even eliminate lost profits as a viable measure of damages. In this webinar, our expert panel will explain when businesses may seek damages for lost profits, what they need to prove to recover, how defendants can oppose these claims, and how courts analyze these claims.
Principal Audience: Attorneys and Advisors
Partner: ChamberWise, West LegalEdcenter
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