'I Coulda Been a Contender': Lost Profits after a Contract Breach
4 Pages Posted: 17 Feb 2011 Last revised: 7 Nov 2011
Date Written: January 1, 2011
This article forewarns litigators and transactionalists of the potential pitfalls regarding lost profits where a seller breaches a contract it conveys property. Considerations cover the various stages of a purchase agreement from negotiating the deal, conducting litigation, and introducing evidence.
Keywords: California Civil Code 3307, Greenwich v. Wong, consequential damages, breach of real estate agreement
JEL Classification: K11
Suggested Citation: Suggested Citation