Brief Fact Summary. This case involves a breach of a contract for telecommunications services between two companies, causing one company to lose profits stemming from a third-party contract.
Synopsis of Rule of Law. Lost profits are recoverable so long as they are (1) foreseeable when the contract was made; (2) they directly or proximately result from the breach and (3) they are capable of accurate estimation.
In a civil action, triable to the jury, where there is competent evidence reasonably tending to support the verdict of the jury, and no prejudicial errors of law are shown in the instructions of the court, or its ruling on law questions presented during the trial, the verdict and the finding of the jury will not be disturbed on appeal.
View Full Point of Law