Viewing: lost profits

Missouri State Contract Cases 2012 (Part 15): Lost Profits and Constructive Eviction

In an action for fraudulent misrepresentation, the Missouri Court of Appeals, Western District affirmed the trial court's grant of summary judgment in favor of the defendant, concluding that the plaintiff, a coal company, was unable to prove damages for lost profits. Lost profits are generally not recoverable as damages, because they are too speculative; however, […] Read More

Missouri State Contract Cases 2012 (Part 13): Lost Profits, Punitive Damages, and Malicious Prosecution

The Missouri Supreme Court held that the plaintiffs -- trash haulers -- weren't entitled to relief from the county's actions based on an implied-in-law contract theory, as the intermediate appellate court had held, because the county hadn't received a benefit from the haulers. ("The essential elements of quasi-contract are: (1) a benefit conferred upon the […] Read More