Reasonable Certainty for New Business Lost Profit Calculations
BVR's Webinar Series
Wednesday, November 20, 2019
10:00am-11:40am PT • 1:00pm-2:40pm ET
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- Background: Case law
- Current approaches
- Yardstick, before and after
- What is forecasting
- Elements of a forecast
- Lost profits are projections
- Elements of a new business lost profit
- Market penetration
- Management strength/experience
- Adequate capital resources
- Target market’s needs
- Ability to profit
- List elements of a forecast
- Describe elements of new business lost profit
- Restate current case law applicable to lost profits
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