Lucia Wa Yang

Lucia Wa Yang

September 15, 2022 | New Jersey Law Journal

NJ Now Allows New Businesses To Recover Lost Profits Established With a 'Reasonable Degree of Certainty'

By a decision issued on Aug. 17, 2022, in 'Schwartz v. Menas,' the Supreme Court of New Jersey joined the majority of other jurisdictions in finding that a per se ban on lost profits damages by a new business is unwarranted.

By Elliot D. Ostrove and Lucia Wa Yang

7 minute read