(Download) "Magestro V. North Star Environment Const." by Wisconsin Court of Appeals * Book PDF Kindle ePub Free
eBook details
- Title: Magestro V. North Star Environment Const.
- Author : Wisconsin Court of Appeals
- Release Date : January 19, 2002
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
¶1. Pekul Incorporated and Regent Insurance Company (Pekul) appeal from a judgment and an order of the trial court upholding a jury verdict awarding damages to Vincent J. Magestro and his wholly-owned company, American Power Equipment, Inc. (Magestro), for building repair and other monetary loss. Pekul makes the following arguments in support of its appeal: (1) consistent with the economic loss doctrine, consequential damages should not be awarded in a breach of construction contract unless the parties specifically contract for said damages; (2) Pekul did not anticipate damages for lost revenue and said damages were not foreseeable; and (3) damages for lost revenue are improper as a matter of law and the only conceivably permitted consequential damages are lost profits. We disagree with Pekul's argument regarding consequential damages under contract law, but agree that damages for lost revenue are improper as a matter of law.
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