Wednesday, August 24, 2011

Seventh Circuit -- Garry Boyd v. Tornier, Incorporated

Garry Boyd v. Tornier, Incorporated

Insufficient evidence that there was a substantial imbalance between parties to contract -- contract term barring recovery of lost profits binds.

Sufficient evidence for negligent misrepresentation.

Assumption that business would grow 20%/yr untenable.

No error in finding that punitive damages barred as a matter of law.
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.