Duration Of Damages: Can Lost Profits Continue Forever?

Law360, New York (March 08, 2013, 11:49 AM ET) -- If a business is financially harmed, but not ruined, by the acts of another party, it may seek damages based on some measure of lost profit. But for how long? While some aspects of a damages opinion may be accepted based on an expert’s professional judgment, when it comes to the duration of damages, triers of fact will likely view the debate pre-armed with their own perceptions of how one recovers from “trauma.” Consequently, an expert offering an opinion that financial harm will continue well into...
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